PETRONET - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | PETRONET | Market Cap | 41,514 Cr. | Current Price | 277 ₹ | High / Low | 326 ₹ |
| Stock P/E | 11.6 | Book Value | 137 ₹ | Dividend Yield | 3.61 % | ROCE | 26.2 % |
| ROE | 21.4 % | Face Value | 10.0 ₹ | DMA 50 | 276 ₹ | DMA 200 | 284 ₹ |
| Chg in FII Hold | 0.83 % | Chg in DII Hold | -0.51 % | PAT Qtr | 848 Cr. | PAT Prev Qtr | 806 Cr. |
| RSI | 52.6 | MACD | 1.37 | Volume | 32,85,411 | Avg Vol 1Wk | 29,43,072 |
| Low price | 235 ₹ | High price | 326 ₹ | PEG Ratio | 2.25 | Debt to equity | 0.12 |
| 52w Index | 45.4 % | Qtr Profit Var | -2.16 % | EPS | 23.8 ₹ | Industry PE | 21.5 |
📊 Optimal Buy Price (Intraday): ₹274–278 (near DMA 50 support at ₹276)
🎯 Profit-Taking Levels: ₹285–295 (short-term resistance zone, below DMA 200 at ₹284)
🛡️ Stop-Loss / Loss Protection: ₹268–270 (below intraday support)
⏱️ Exit Strategy (If Already Holding): Exit if price fails to sustain above ₹270 with rising volume, or book profits near ₹285–295 if RSI weakens. Extend trades only if breakout volume sustains above ₹295.
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### Positive
- Strong fundamentals: ROCE 26.2% and ROE 21.4% highlight efficient capital use.
- EPS of ₹23.8 supports valuation strength.
- Dividend yield at 3.61% provides consistent shareholder returns.
- PAT stable (₹806 Cr. → ₹848 Cr.), showing earnings resilience.
- FII holding increased (+0.83%), reflecting foreign investor confidence.
- Liquidity strong with volume (32.8 lakh) above weekly average (29.4 lakh).
### Limitation
- RSI at 52.6 indicates neutral momentum, not strongly bullish.
- MACD at 1.37 shows mild momentum, lacking strong breakout signals.
- PEG ratio at 2.25 indicates moderate growth valuation risk.
- Current price below DMA 200 (₹284), limiting medium-term strength.
### Company Negative News
- Quarterly profit variation (-2.16%) highlights earnings stagnation.
- DII holding reduced (-0.51%), showing cautious domestic sentiment.
### Company Positive News
- PAT growth sequentially supports stability.
- Dividend yield at 3.61% adds shareholder value.
- FII holding increased (+0.83%), boosting sentiment.
### Industry
- Energy/LNG sector benefits from long-term demand but faces global price volatility.
- Industry PE at 21.5 is higher than PETRONET’s P/E (11.6), suggesting undervaluation.
### Conclusion
PETRONET is a moderately strong intraday candidate with solid fundamentals and undervaluation relative to peers. Best suited for disciplined trades between ₹274–295 with strict stop-loss at ₹270. Avoid aggressive positions unless strong breakout volume confirms strength above ₹295; risk remains moderate due to neutral momentum and earnings stagnation.
Would you like me to add a sector overlay and peer benchmarking HTML template (ONGC, GAIL, IOC) so you can compare PETRONET’s intraday setup against energy peers for workflow clarity?