RELINFRA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | RELINFRA | Market Cap | 3,235 Cr. | Current Price | 79.4 ₹ | High / Low | 425 ₹ |
| Book Value | 595 ₹ | Dividend Yield | 0.00 % | ROCE | -1.41 % | ROE | -8.12 % |
| Face Value | 10.0 ₹ | DMA 50 | 118 ₹ | DMA 200 | 201 ₹ | Chg in FII Hold | -1.35 % |
| Chg in DII Hold | -0.21 % | PAT Qtr | -166 Cr. | PAT Prev Qtr | -152 Cr. | RSI | 29.1 |
| MACD | -10.7 | Volume | 68,38,257 | Avg Vol 1Wk | 31,17,809 | Low price | 74.6 ₹ |
| High price | 425 ₹ | Debt to equity | 0.03 | 52w Index | 1.37 % | Qtr Profit Var | -75.2 % |
| EPS | -10.0 ₹ | Industry PE | 24.6 |
📊 Analysis: RELINFRA shows weak intraday potential. Current price (₹79.4) is far below both 50 DMA (₹118) and 200 DMA (₹201), reflecting strong bearish sentiment. RSI at 29.1 indicates oversold conditions, while MACD (-10.7) confirms heavy negative momentum. Volume is higher than the 1-week average, suggesting speculative activity. The stock is trading near its 52-week low (₹74.6), limiting upside momentum and making intraday trades highly risky.
💰 Optimal Buy Price: Around ₹78–80 only if support holds.
🎯 Profit-Taking Levels: ₹85–90 (short-term resistance).
🛡️ Stop-Loss: ₹75 (below 52-week low support).
⏱️ If Already Holding: Exit near ₹85–90 if momentum slows. If price breaks below ₹75 with strong volume, consider intraday exit to protect capital.
Positive
- Book value at ₹595 provides margin of safety.
- Debt-to-equity ratio is low (0.03).
- High trading volume indicates active participation.
Limitation
- Stock trading far below DMA levels, showing weakness.
- Negative ROCE (-1.41%) and ROE (-8.12%).
- EPS negative (-₹10.0).
- No dividend yield, reducing investor appeal.
Company Negative News
- Quarterly losses widened (₹-166 Cr vs ₹-152 Cr).
- FII (-1.35%) and DII (-0.21%) holdings reduced.
- Stock collapsed from 52-week high (₹425) to current levels.
Company Positive News
- Low debt-to-equity ratio provides some financial stability.
- High book value relative to current price.
Industry
- Industry PE at 24.6, but RELINFRA has no meaningful P/E due to losses.
- Infrastructure sector benefits from government projects, though company-specific risks dominate here.
Conclusion
⚖️ RELINFRA is a weak candidate for intraday trading today. Despite low debt and high book value, the company is loss-making, momentum indicators are bearish, and institutional investors are exiting. Traders should avoid aggressive entries, only attempting speculative trades near support with strict stop-loss discipline. Long-term investors should remain cautious until profitability improves.
Would you like me to prepare a peer benchmarking overlay with infrastructure players like L&T, GMR Infra, and Adani Ports so you can compare RELINFRA’s intraday setup against sector peers for confirmation signals?