PREMIERENE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | PREMIERENE | Market Cap | 35,823 Cr. | Current Price | 792 ₹ | High / Low | 1,178 ₹ |
| Stock P/E | 233 | Book Value | 41.2 ₹ | Dividend Yield | 0.13 % | ROCE | 12.4 % |
| ROE | 9.49 % | Face Value | 1.00 ₹ | DMA 50 | 821 ₹ | DMA 200 | 947 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | -0.54 % | PAT Qtr | 12.6 Cr. | PAT Prev Qtr | 55.1 Cr. |
| RSI | 54.5 | MACD | -29.4 | Volume | 70,88,240 | Avg Vol 1Wk | 26,02,760 |
| Low price | 660 ₹ | High price | 1,178 ₹ | PEG Ratio | 2.72 | Debt to equity | 0.01 |
| 52w Index | 25.4 % | Qtr Profit Var | -65.0 % | EPS | 3.41 ₹ | Industry PE | 25.5 |
📊 Analysis: PREMIERENE shows weak fundamentals for intraday trading. Current price (₹792) is below both 50 DMA (₹821) and 200 DMA (₹947), reflecting bearish bias. RSI at 54.5 indicates neutral momentum, while MACD (-29.4) confirms short-term weakness. Volume is significantly higher than weekly average, offering liquidity but not strong bullish conviction. Extremely high P/E (233 vs industry 25.5) and sharp quarterly profit decline (-65%) weigh heavily on sentiment.
💹 Optimal Buy Price: Only consider entry near ₹785–₹790 if intraday reversal signals appear.
🎯 Profit-Taking Exit Levels: ₹805–₹815 (short-term resistance zone).
🛡️ Stop-Loss / Loss Protection: ₹775 (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above ₹790 or RSI drops below 50 intraday. If momentum improves with volume, partial profit booking near ₹805–₹815 is advisable.
Positive
- Low debt-to-equity (0.01) ensures financial stability.
- ROCE (12.4%) and ROE (9.49%) show moderate efficiency.
- Strong liquidity with volume nearly 3x weekly average.
- FII holding increased (+0.25%), reflecting marginal foreign confidence.
Limitation
- Extremely high P/E (233) compared to industry average (25.5), showing severe overvaluation.
- Price trading below both 50 DMA and 200 DMA, reflecting bearish trend.
- MACD negative (-29.4) indicates short-term weakness.
- Dividend yield (0.13%) is negligible.
Company Negative News
- Quarterly PAT dropped sharply (₹55.1 Cr → ₹12.6 Cr).
- Quarterly profit variation (-65%) highlights earnings pressure.
- DII holding reduced (-0.54%), showing cautious domestic sentiment.
Company Positive News
- FII holding increased (+0.25%), showing marginal foreign interest.
- Strong liquidity with high trading volume.
Industry
- Industry P/E at 25.5, far lower than PREMIERENE’s valuation, highlighting overvaluation risk.
- Sector outlook mixed, with media and entertainment facing margin pressures.
Conclusion
⚠️ PREMIERENE is a weak candidate for intraday trading today due to bearish technicals, extreme overvaluation, and sharp profit decline. While liquidity is strong, momentum indicators remain negative. Traders should adopt a cautious approach: Buy only near ₹785–₹790 with strict stop-loss at ₹775 and quick profit booking around ₹805–₹815.
Would you like me to also prepare a peer benchmarking overlay comparing PREMIERENE with other media/entertainment stocks, so you can evaluate relative intraday strength within the sector?