RELINFRA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | RELINFRA | Market Cap | 5,420 Cr. | Current Price | 133 ₹ | High / Low | 425 ₹ |
| Book Value | 595 ₹ | Dividend Yield | 0.00 % | ROCE | -1.41 % | ROE | -8.12 % |
| Face Value | 10.0 ₹ | DMA 50 | 170 ₹ | DMA 200 | 236 ₹ | Chg in FII Hold | -1.35 % |
| Chg in DII Hold | -0.21 % | PAT Qtr | -166 Cr. | PAT Prev Qtr | -152 Cr. | RSI | 39.4 |
| MACD | -10.8 | Volume | 36,37,911 | Avg Vol 1Wk | 32,31,035 | Low price | 115 ₹ |
| High price | 425 ₹ | Debt to equity | 0.03 | 52w Index | 5.71 % | Qtr Profit Var | -75.2 % |
| EPS | -10.0 ₹ | Industry PE | 24.8 |
📊 Analysis: RELINFRA is trading at ₹133, well below its 50 DMA (₹170) and 200 DMA (₹236), reflecting strong technical weakness. RSI at 39.4 indicates oversold conditions, while MACD at -10.8 confirms bearish momentum. Current volume (36.3 lakh) is slightly above the 1-week average (32.3 lakh), suggesting speculative intraday activity. Fundamentals remain poor with negative ROCE (-1.41%) and ROE (-8.12%), consistent quarterly losses, and no dividend yield. The stock is highly volatile and risky for intraday trades, suitable only for tactical moves near support levels.
💡 Optimal Buy Price: ₹130–₹134 (near support zone).
🎯 Profit-Taking Levels: ₹140–₹145 (short-term resistance).
🛡️ Stop-Loss: ₹125 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹133 with weakening momentum or if RSI drops further below 38. If intraday rebound occurs, consider booking profits around ₹140–₹145. Avoid holding beyond resistance unless strong breakout signals appear with volume confirmation.
✅ Positive
- Book value of ₹595 provides strong asset backing compared to current price.
- Debt-to-equity ratio of 0.03 indicates very low leverage risk.
- Volume higher than 1-week average, showing speculative interest.
⚠️ Limitation
- Trading far below both 50 DMA and 200 DMA.
- MACD negative (-10.8), signaling bearish momentum.
- Negative ROCE (-1.41%) and ROE (-8.12%) reflect poor efficiency.
- No dividend yield, limiting shareholder returns.
- EPS negative (-10.0 ₹), showing consistent losses.
📉 Company Negative News
- Quarterly PAT continues to be negative (₹-166 Cr vs ₹-152 Cr).
- Quarterly profit variation shows -75.2% decline.
- FII (-1.35%) and DII (-0.21%) holdings decreased, showing reduced institutional confidence.
- Stock corrected sharply from 52-week high of ₹425 to current ₹133.
📈 Company Positive News
- Low debt-to-equity ratio provides financial stability despite losses.
- High book value compared to market price offers asset backing.
🏭 Industry
- Industry PE at 24.8 highlights RELINFRA’s weak valuation metrics (no valid P/E due to losses).
- Infrastructure sector remains cyclical, dependent on government projects and capital expenditure.
🔎 Conclusion
RELINFRA shows weak fundamentals and bearish technicals, making it a poor candidate for intraday trading. While speculative volume may offer short-term opportunities, traders should exercise caution, buy only near support, and book profits quickly around resistance levels. The stock is suitable only for high-risk tactical trades rather than aggressive intraday positions.