RELINFRA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | RELINFRA | Market Cap | 2,619 Cr. | Current Price | 64.1 ₹ | High / Low | 425 ₹ |
| Stock P/E | 21.3 | Book Value | 583 ₹ | Dividend Yield | 0.00 % | ROCE | -1.54 % |
| ROE | 0.83 % | Face Value | 10.0 ₹ | DMA 50 | 94.7 ₹ | DMA 200 | 178 ₹ |
| Chg in FII Hold | -0.19 % | Chg in DII Hold | 0.18 % | PAT Qtr | 508 Cr. | PAT Prev Qtr | -166 Cr. |
| RSI | 31.7 | MACD | -5.41 | Volume | 4,74,046 | Avg Vol 1Wk | 4,74,046 |
| Low price | 64.1 ₹ | High price | 425 ₹ | PEG Ratio | 0.72 | Debt to equity | 0.02 |
| 52w Index | 0.00 % | Qtr Profit Var | 1,494 % | EPS | -14.9 ₹ | Industry PE | 33.0 |
Analysis:
RELINFRA is trading at 64.1 ₹, far below DMA 50 (94.7 ₹) and DMA 200 (178 ₹), showing strong bearish sentiment. RSI at 31.7 indicates oversold conditions, while MACD at -5.41 confirms bearish momentum. Volume (4,74,046) matches the 1-week average, reflecting limited participation. Fundamentals remain weak with negative EPS (-14.9 ₹), low ROE (0.83%), and negative ROCE (-1.54%). Despite a one-off PAT recovery (508 Cr. vs -166 Cr.), sustainability remains questionable. Valuation (P/E 21.3 vs industry 33.0) is misleading due to negative earnings.
Optimal Buy Price:
Entry zone: 62–64 ₹ only for speculative intraday reversal trades.
Exit Levels:
- Profit-taking: 68–72 ₹ (short-term resistance)
- Stop-loss: 60 ₹ (below intraday support)
If Already Holding:
Exit intraday if price fails to hold above 62 ₹ or if RSI dips below 30 with declining volume. Trail stop-loss to 64 ₹ once price moves above 68 ₹.
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Positive
- Book value at ₹583 provides long-term asset backing
- Debt-to-equity at 0.02 indicates low leverage
- PAT recovery (from -166 Cr. to +508 Cr.) shows short-term improvement
- DII inflows (+0.18%) reflect some domestic support
Limitation
- Negative EPS (-14.9 ₹) and weak profitability ratios
- ROE (0.83%) and ROCE (-1.54%) remain unattractive
- Price trading far below DMA levels signals strong bearishness
- RSI near oversold zone with weak momentum
Company Negative News
- FII holding reduced (-0.19%), showing weaker foreign sentiment
- Persistent losses in prior quarters raise sustainability concerns
Company Positive News
- PAT turnaround in the latest quarter (+508 Cr.)
- Strong book value relative to current price
- Domestic inflows provide minor support
Industry
- Industry PE at 33.0 highlights sector trading at higher multiples
- Infrastructure and power sector remains steady, but RELINFRA lags peers
- Competitive landscape dominated by stronger players with consistent profitability
Conclusion
RELINFRA is a weak intraday candidate with speculative potential due to oversold RSI and recent PAT recovery. Optimal buy near 62–64 ₹ with profit exits around 68–72 ₹. Stop-loss at 60 ₹ is essential. Existing holders should trail stops and monitor RSI/volume closely for intraday exit signals.
This structured HTML report captures RELINFRA’s intraday setup with clear entry/exit logic. Would you like me to extend this into candlestick breakout signals or moving average overlays for sharper timing?