PREMIERENE - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.6

🎬 PREMIERENE shows earnings momentum and technical support, but high valuation and weak volume suggest a cautious intraday approach.

📈 Positive

• 📊 MACD at 10.6 and RSI at 44.5 indicate mild bullish momentum with potential for recovery.
• 📈 Price is near DMA 50 (₹1,050) and above DMA 200 (₹1,029), suggesting short-term support.
• 📈 Quarterly PAT up 245% from ₹23.5 Cr. to ₹55.1 Cr., showing strong earnings growth.
• 💰 Debt-to-equity ratio of 0.01 reflects excellent financial discipline.
• 📈 DII holding increased by 0.30%, indicating domestic institutional confidence.

⚠️ Limitation

• 📉 P/E of 265 vs. industry P/E of 37.8 suggests extreme overvaluation.
• 📉 PEG ratio of 3.09 indicates expensive valuation relative to growth.
• 📉 Volume of 9.2 lakh is significantly below 1-week average of 18.7 lakh, showing reduced intraday interest.
• 📉 RSI below 50 suggests lack of strong buying momentum.

🚫 Company Negative News

• 📉 FII holding declined by 0.15%, showing slight foreign investor caution.
• 📉 Price has dropped nearly 25% from 52-week high, indicating long-term resistance.

✅ Company Positive News

• 🎥 Strong box office performance and content pipeline contributed to sharp earnings growth.
• 📢 Operational leverage and cost control measures are improving margins.

🏭 Industry

• 🎭 Industry P/E of 37.8 reflects high growth expectations in entertainment and media.
• 📈 Recovery in cinema footfalls and content consumption supports sector outlook.

📌 Conclusion

• ⚠️ PREMIERENE is a moderate intraday candidate with earnings momentum but weak volume and high valuation.
• 💡 Consider buying near ₹1,035–₹1,040 with target at ₹1,060–₹1,070 and stop-loss at ₹1,025.
• 📤 If already holding, exit if price crosses ₹1,065 with volume > 15 lakh or RSI > 50.

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