PIIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | PIIND | Market Cap | 48,031 Cr. | Current Price | 3,169 ₹ | High / Low | 4,330 ₹ |
| Stock P/E | 27.2 | Book Value | 728 ₹ | Dividend Yield | 0.51 % | ROCE | 25.4 % |
| ROE | 19.7 % | Face Value | 1.00 ₹ | DMA 50 | 3,280 ₹ | DMA 200 | 3,557 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.68 % | PAT Qtr | 491 Cr. | PAT Prev Qtr | 464 Cr. |
| RSI | 46.0 | MACD | -39.8 | Volume | 6,21,826 | Avg Vol 1Wk | 2,77,701 |
| Low price | 2,951 ₹ | High price | 4,330 ₹ | PEG Ratio | 0.86 | Debt to equity | 0.00 |
| 52w Index | 15.8 % | Qtr Profit Var | -12.1 % | EPS | 116 ₹ | Industry PE | 30.0 |
📊 Analysis: PIIND is trading at ₹3,169, below its 50 DMA (₹3,280) and 200 DMA (₹3,557), showing short-term weakness. RSI at 46.0 is neutral, while MACD (-39.8) reflects bearish undertone. Volume is significantly higher than the weekly average, suggesting strong intraday participation. Fundamentals remain strong, but technicals indicate caution for intraday trades.
💡 Optimal Buy Price: ₹3,150–3,165 (near support zone, risk-managed entry).
🎯 Profit-Taking Levels: ₹3,200–3,220 (first resistance), ₹3,250 (secondary resistance if momentum sustains).
🛡️ Stop-Loss / Loss Protection: ₹3,120 (below intraday support).
⏱️ If Already Holding: Exit near ₹3,200–3,220 if momentum stalls. If price sustains above ₹3,220 with strong volume, hold for ₹3,250. Exit immediately if price breaks below ₹3,120 with heavy selling pressure.
Positive
- Strong ROCE (25.4%) and ROE (19.7%) indicate efficient capital use.
- EPS at ₹116 reflects robust earnings strength.
- PEG ratio at 0.86 suggests reasonable valuation relative to growth.
- DII holding increased (+0.68%), showing domestic institutional support.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak trend.
- MACD strongly negative (-39.8), showing bearish undertone.
- Quarterly profit variation at -12.1% highlights earnings pressure.
Company Negative News
- FII holding decreased (-0.45%), showing reduced foreign investor confidence.
- Quarterly PAT growth slowed compared to previous quarter.
Company Positive News
- Quarterly PAT improved to ₹491 Cr. vs ₹464 Cr. previously.
- Strong fundamentals with high ROCE and ROE support long-term outlook.
Industry
- Industry PE at 30.0, slightly higher than PIIND’s 27.2, suggesting fair valuation.
- Chemicals and agro-science sector remains growth-oriented, supported by demand in specialty chemicals.
Conclusion
⚖️ PIIND presents moderate intraday opportunity with strong fundamentals but weak technicals. Entry near ₹3,150–3,165 with exit around ₹3,200–3,220 is advisable. If momentum sustains, ₹3,250 is achievable. Strict stop-loss at ₹3,120 ensures risk management. Suitable for cautious intraday traders.