PREMIERENE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | PREMIERENE | Market Cap | 47,581 Cr. | Current Price | 1,048 ₹ | High / Low | 1,136 ₹ |
| Stock P/E | 332 | Book Value | 42.7 ₹ | Dividend Yield | 0.10 % | ROCE | 10.1 % |
| ROE | 7.63 % | Face Value | 1.00 ₹ | DMA 50 | 958 ₹ | DMA 200 | 930 ₹ |
| Chg in FII Hold | 1.24 % | Chg in DII Hold | 0.97 % | PAT Qtr | 52.0 Cr. | PAT Prev Qtr | 12.6 Cr. |
| RSI | 64.1 | MACD | 12.3 | Volume | 47,05,952 | Avg Vol 1Wk | 50,77,726 |
| Low price | 660 ₹ | High price | 1,136 ₹ | PEG Ratio | 2.68 | Debt to equity | 0.31 |
| 52w Index | 81.4 % | Qtr Profit Var | -17.4 % | EPS | 3.16 ₹ | Industry PE | 29.5 |
Analysis:
PREMIERENE is trading at 1,048 ₹, above both DMA 50 (958 ₹) and DMA 200 (930 ₹), showing technical strength. RSI at 64.1 indicates moderately overbought conditions, while MACD at 12.3 suggests bullish momentum. Volume (47,05,952) is slightly below the 1-week average (50,77,726), reflecting stable participation. Fundamentally, the company has shown strong PAT growth compared to the previous year, but quarterly profit variation (-17.4%) raises caution. Extremely high P/E (332 vs industry 29.5) signals stretched valuation.
Optimal Buy Price:
Entry zone: 1,035–1,045 ₹ if price sustains with rising volume.
Exit Levels:
- Profit-taking: 1,070–1,085 ₹ (near-term resistance)
- Stop-loss: 1,025 ₹ (below intraday support)
If Already Holding:
Exit intraday if price fails to hold above 1,035 ₹ or if RSI moves above 70 with weakening volume. Trail stop-loss to 1,045 ₹ once price moves above 1,070 ₹.
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Positive
- Trading above DMA 50 and DMA 200 confirms technical strength
- FII holding increased (+1.24%) and DII holding rose (+0.97%)
- PAT improved significantly YoY (12.6 Cr. → 52.0 Cr.)
- EPS at ₹3.16 supports earnings visibility
Limitation
- Extremely high P/E (332 vs industry 29.5) indicates overvaluation
- Dividend yield at 0.10% is negligible
- ROCE (10.1%) and ROE (7.63%) are modest compared to peers
- Volume slightly below average reduces intraday conviction
Company Negative News
- Quarterly PAT declined (-17.4% QoQ), showing earnings pressure
- Valuation stretched far beyond industry norms
Company Positive News
- Strong institutional interest with both FII and DII inflows
- Technical breakout above DMA levels supports bullish sentiment
- Sector demand remains supportive for entertainment and media
Industry
- Industry PE at 29.5 highlights sector trading at lower multiples
- Entertainment/media sector seeing steady demand growth
- Competitive landscape with peers offering more balanced valuations
Conclusion
PREMIERENE shows technical strength but faces valuation risks and earnings pressure. Intraday buy near 1,035–1,045 ₹ with profit exits around 1,070–1,085 ₹. Stop-loss at 1,025 ₹ is essential. Existing holders should trail stops and monitor RSI/volume closely for intraday exit signals.
This modular HTML report captures PREMIERENE’s intraday setup with clear entry/exit logic. Would you like me to extend this into a sector overlay comparison against peers like PVR and INOX for sharper benchmarking?