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RELINFRA - IntraDay Trade Analysis with Live Signals

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Rating: 2.9

Last Updated Time : 03 May 26, 09:02 am

IntraDay Trade Rating: 2.9

Stock Code RELINFRA Market Cap 3,214 Cr. Current Price 78.7 ₹ High / Low 425 ₹
Book Value 595 ₹ Dividend Yield 0.00 % ROCE -1.41 % ROE -8.12 %
Face Value 10.0 ₹ DMA 50 99.1 ₹ DMA 200 183 ₹ Chg in FII Hold -0.19 %
Chg in DII Hold 0.18 % PAT Qtr -166 Cr. PAT Prev Qtr -152 Cr. RSI 43.3
MACD -3.58 Volume 12,67,963 Avg Vol 1Wk 12,67,963 Low price 64.2 ₹
High price 425 ₹ Debt to equity 0.03 52w Index 3.99 % Qtr Profit Var -75.2 %
EPS -10.0 ₹ Industry PE 30.5

📈 Optimal Buy Price: 77–79 ₹ (speculative only)

🎯 Profit-Taking Levels: 83–85 ₹

🛡️ Stop-Loss / Exit Zone: 75 ₹

Intraday Exit Guidance:

- Exit if price fails to hold above 77 ₹ with weakening volume.

- Book profits near 83–85 ₹ if RSI approaches 46–48 and momentum slows.

- Intraday exit if MACD remains negative or RSI dips below 42 with declining participation.

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Positive

- Book value at ₹595 indicates asset backing.

- Debt-to-equity at 0.03 shows low leverage risk.

- DII holding increased (+0.18%), showing limited domestic support.

Limitation

- Negative ROE (-8.12%) and ROCE (-1.41%).

- EPS at -₹10.0 reflects losses.

- Price far below DMA 50 (99.1 ₹) and DMA 200 (183 ₹).

- RSI at 43.3 shows weak momentum.

Company Negative News

- Quarterly PAT declined further (-152 Cr. → -166 Cr.).

- FII holding reduced (-0.19%), showing weaker foreign sentiment.

- Profit variation at -75.2%.

Company Positive News

- Domestic institutional inflows provide minor support.

- Asset-heavy balance sheet with high book value.

Industry

- Industry PE at 30.5 highlights sector trading at higher multiples.

- Infrastructure sector faces margin pressures and debt challenges.

- Competitive landscape with peers showing stronger fundamentals.

Conclusion

RELINFRA is a weak intraday candidate with negative fundamentals and bearish technicals. Only speculative trades possible near 77–79 ₹ with profit exits around 83–85 ₹. Stop-loss at 75 ₹ is essential. Existing holders should trail stops and monitor RSI/volume closely for intraday exit signals.

Would you like me to extend this into a sector overlay vs. L&T and GMR Infra, so you can benchmark RELINFRA’s intraday setup against stronger infrastructure peers?

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