PRAJIND - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.4

📉 PRAJIND shows weak momentum and technical breakdown, making it a cautious intraday candidate despite decent fundamentals.

📈 Positive

• 💰 ROCE of 23.6% and ROE of 18.2% reflect strong capital efficiency.
• 📊 Debt-to-equity ratio of 0.03 indicates a very low leverage profile.
• 📈 Volume of 6.4 lakh is above 1-week average, showing rising intraday interest.
• 📈 FII holding increased by 0.67%, suggesting foreign investor confidence.

⚠️ Limitation

• 📉 MACD at -8.12 and RSI at 39.8 indicate bearish momentum.
• 📉 Price trading below both DMA 50 (₹370) and DMA 200 (₹474), confirming technical weakness.
• 📉 Quarterly PAT dropped from ₹59 Cr. to ₹20 Cr., a steep decline of 71.3%.
• 📉 52-week Index at 1.91% shows significant underperformance.

🚫 Company Negative News

• 📉 DII holding dropped by 2.60%, indicating domestic institutional caution.
• 📉 Price has fallen nearly 61% from 52-week high, showing long-term weakness.

✅ Company Positive News

• 🧪 Continued focus on bioenergy and ethanol projects supports long-term sector relevance.
• 📢 Strong order book and government push for green energy may aid future recovery.

🏭 Industry

• 🌱 Industry P/E of 35.4 reflects high growth expectations in clean energy and industrial biotech.
• 📈 Sector supported by sustainability initiatives and ethanol blending mandates.

📌 Conclusion

• ⚠️ PRAJIND is a cautious intraday candidate with weak momentum and technical resistance despite strong fundamentals.
• 💡 Consider buying near ₹336–₹339 with target at ₹346–₹350 and stop-loss at ₹330.
• 📤 If already holding, exit if price crosses ₹348 with volume > 7 lakh or RSI > 44.

I can also chart PRAJIND’s intraday support and resistance zones to help refine your trade setup.