RENUKA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | RENUKA | Market Cap | 5,366 Cr. | Current Price | 25.2 ₹ | High / Low | 40.3 ₹ |
| Book Value | -4.35 ₹ | Dividend Yield | 0.00 % | ROCE | 9.99 % | ROE | % |
| Face Value | 1.00 ₹ | DMA 50 | 26.8 ₹ | DMA 200 | 30.2 ₹ | Chg in FII Hold | 0.12 % |
| Chg in DII Hold | -0.05 % | PAT Qtr | -319 Cr. | PAT Prev Qtr | -215 Cr. | RSI | 39.9 |
| MACD | -0.44 | Volume | 24,01,289 | Avg Vol 1Wk | 28,06,352 | Low price | 24.4 ₹ |
| High price | 40.3 ₹ | 52w Index | 4.66 % | Qtr Profit Var | -1,670 % | EPS | -3.17 ₹ |
| Industry PE | 10.3 |
📊 Analysis: RENUKA shows weak potential for intraday trading. Current price (₹25.2) is below both 50 DMA (₹26.8) and 200 DMA (₹30.2), indicating bearish sentiment. RSI at 39.9 suggests oversold conditions, but MACD at -0.44 confirms negative bias. Volume is lower than the weekly average, reducing intraday strength. The stock is near its 52-week low (₹24.4), which may act as temporary support but overall trend remains weak.
💰 Optimal Buy Price: ₹25.0–₹25.3 (near support zone).
📈 Profit-Taking Exit Levels: ₹26.0–₹26.5 (short-term resistance).
📉 Stop-Loss / Loss Protection: ₹24.5 (below recent support).
⏱️ If Already Holding: Exit intraday if price fails to cross ₹26.0–₹26.5 or drops below ₹24.5 with strong volume. Watch for RSI slipping below 38 or MACD widening negatively as signals to cut losses.
Positive
- 📊 ROCE at 9.99%, showing some operational efficiency.
- 💹 FII holding increased (+0.12%).
- 📈 High trading volume supports intraday volatility opportunities.
Limitation
- ⚠️ Price below DMA levels (50 & 200 DMA), showing weakness.
- 📉 Negative PAT (-₹319 Cr vs -₹215 Cr).
- 🔎 Negative EPS (-₹3.17), reflecting poor earnings.
- 📊 Book value negative (-₹4.35), weakening fundamentals.
- 📉 No dividend yield (0.00%).
Company Negative News
- 📉 DII holding decreased (-0.05%).
- ⚠️ Quarterly profit variation extremely negative (-1,670%).
Company Positive News
- 📈 FII holding increased (+0.12%).
- 💹 Volume activity remains strong, supporting intraday trades despite weak fundamentals.
Industry
- 🏭 Industry PE at 10.3, much lower than RENUKA’s valuation gap (no valid P/E due to losses).
- 📊 Sector outlook remains volatile, tied to cyclical sugar and ethanol demand.
Conclusion
⚠️ RENUKA is a weak intraday candidate. Buy cautiously near ₹25.0–₹25.3 with exit targets around ₹26.0–₹26.5. Maintain strict stop-loss at ₹24.5. Oversold RSI may trigger a short-term rebound, but negative earnings, weak fundamentals, and declining profits make this a high-risk intraday trade requiring disciplined execution.