PIIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | PIIND | Market Cap | 44,457 Cr. | Current Price | 2,931 ₹ | High / Low | 4,330 ₹ |
| Stock P/E | 27.1 | Book Value | 728 ₹ | Dividend Yield | 0.55 % | ROCE | 25.4 % |
| ROE | 19.7 % | Face Value | 1.00 ₹ | DMA 50 | 3,119 ₹ | DMA 200 | 3,430 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.68 % | PAT Qtr | 298 Cr. | PAT Prev Qtr | 491 Cr. |
| RSI | 37.2 | MACD | -62.2 | Volume | 2,55,794 | Avg Vol 1Wk | 2,38,350 |
| Low price | 2,840 ₹ | High price | 4,330 ₹ | PEG Ratio | 0.86 | Debt to equity | 0.00 |
| 52w Index | 6.10 % | Qtr Profit Var | -29.6 % | EPS | 107 ₹ | Industry PE | 22.2 |
⚡ Analysis: PIIND has strong fundamentals with ROCE (25.4%) and ROE (19.7%), supported by a healthy EPS (107 ₹) and fair valuation (P/E 27.1 vs industry PE 22.2). PEG ratio (0.86) suggests growth at reasonable value. However, quarterly PAT declined (298 Cr. vs 491 Cr.), showing earnings pressure. Intraday momentum is weak: RSI (37.2) indicates oversold territory and MACD (-62.2) is bearish. Current price (2,931 ₹) is below both 50 DMA (3,119 ₹) and 200 DMA (3,430 ₹), reflecting technical weakness. Volume is slightly above average, offering liquidity but not strong momentum.
💹 Optimal Buy Price: 2,900 ₹ – 2,920 ₹ (near support zone)
🎯 Profit-Taking Levels: 2,970 ₹ – 3,020 ₹ (short-term resistance)
🛡️ Stop-Loss: 2,870 ₹ (below intraday support)
📈 If Already Holding: Exit intraday if price fails to sustain above 2,940 ₹ or if MACD continues weakening. Book profits near 3,000 ₹ – 3,020 ₹ or cut losses if price slips under 2,880 ₹.
Positive
- 📊 Strong ROCE (25.4%) and ROE (19.7%) indicate efficiency.
- 📈 EPS (107 ₹) supports valuation strength.
- 💡 PEG ratio (0.86) suggests fair growth valuation.
- ✅ DII holdings increased (+0.68%), showing domestic institutional support.
Limitation
- ⚠️ RSI (37.2) and MACD (-62.2) show weak momentum.
- 📉 Price below both 50 DMA and 200 DMA, reflecting technical weakness.
- ⏳ Quarterly PAT declined significantly (-29.6%).
Company Negative News
- ❌ PAT dropped from 491 Cr. to 298 Cr.
- 📉 FII holdings decreased (-0.45%), showing reduced foreign confidence.
Company Positive News
- ✅ EPS remains strong despite profit decline.
- 💡 DII stake increased, showing domestic confidence.
Industry
- 🏭 Industry PE is 22.2, while PIIND trades at 27.1, slightly above average.
- 📊 Specialty chemicals sector sentiment remains stable, supporting long-term outlook.
Conclusion
⚖️ PIIND is a moderate intraday candidate with strong fundamentals but weak technical momentum. While valuation and efficiency are positives, declining profits and bearish indicators limit upside potential. Suitable for disciplined intraday trades with strict stop-loss and profit booking near resistance levels.
Would you like me to extend this into a sector basket overlay comparing PIIND with other specialty chemical peers (like Aarti Industries, SRF, or Deepak Nitrite) to highlight whether intraday opportunities are stronger elsewhere in the sector?