POLYCAB - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | POLYCAB | Market Cap | 1,08,124 Cr. | Current Price | 7,171 ₹ | High / Low | 8,724 ₹ |
| Stock P/E | 41.7 | Book Value | 697 ₹ | Dividend Yield | 0.49 % | ROCE | 29.7 % |
| ROE | 21.4 % | Face Value | 10.0 ₹ | DMA 50 | 7,635 ₹ | DMA 200 | 7,243 ₹ |
| Chg in FII Hold | 0.86 % | Chg in DII Hold | -0.57 % | PAT Qtr | 618 Cr. | PAT Prev Qtr | 675 Cr. |
| RSI | 38.1 | MACD | -158 | Volume | 4,62,869 | Avg Vol 1Wk | 5,46,443 |
| Low price | 4,567 ₹ | High price | 8,724 ₹ | PEG Ratio | 1.28 | Debt to equity | 0.01 |
| 52w Index | 62.6 % | Qtr Profit Var | 36.4 % | EPS | 172 ₹ | Industry PE | 19.0 |
📊 Analysis: POLYCAB is showing weak intraday momentum. RSI at 38.1 indicates oversold conditions, but MACD (-158) remains bearish. Current price (₹7,171) is below both 50 DMA (₹7,635) and 200 DMA (₹7,243), signaling short-term weakness. Volume is slightly below average, suggesting limited trader participation.
💡 Optimal Buy Price: ₹7,100–₹7,150 if reversal signals emerge.
🎯 Profit-Taking Levels: ₹7,250–₹7,300 (near 200 DMA resistance).
🛡️ Stop-Loss: ₹7,050 to limit downside risk.
⏱️ If Already Holding: Consider exiting near ₹7,250–₹7,300 if momentum slows. If price breaks below ₹7,100 with strong volume, exit quickly to avoid deeper losses.
✅ Positive
- Strong ROCE (29.7%) and ROE (21.4%).
- Low debt-to-equity ratio (0.01) ensures financial stability.
- EPS of ₹172 with solid profit growth (Qtr Profit Var 36.4%).
⚠️ Limitation
- High P/E (41.7) compared to industry average (19.0).
- Weak intraday momentum below DMA levels.
- Dividend yield is modest at 0.49%.
📉 Company Negative News
- Quarterly PAT declined from ₹675 Cr. to ₹618 Cr.
- DII holding reduced (-0.57%).
📈 Company Positive News
- FII holding increased (+0.86%).
- PEG ratio at 1.28 indicates reasonable growth valuation.
🏭 Industry
- Industry PE at 19.0, showing sector is cheaper than POLYCAB.
- Electrical equipment sector continues to see demand growth.
🔎 Conclusion
POLYCAB remains fundamentally strong but is not an ideal intraday candidate today due to weak momentum and bearish indicators. Traders should only attempt quick trades near ₹7,100 with exits around ₹7,250–₹7,300. Long-term investors may hold, but intraday risk is elevated.