RHIM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | RHIM | Market Cap | 8,565 Cr. | Current Price | 414 ₹ | High / Low | 538 ₹ |
| Stock P/E | 44.4 | Book Value | 199 ₹ | Dividend Yield | 0.60 % | ROCE | 7.71 % |
| ROE | 5.62 % | Face Value | 1.00 ₹ | DMA 50 | 399 ₹ | DMA 200 | 433 ₹ |
| Chg in FII Hold | -0.26 % | Chg in DII Hold | 0.68 % | PAT Qtr | 68.9 Cr. | PAT Prev Qtr | 41.3 Cr. |
| RSI | 60.8 | MACD | 1.77 | Volume | 4,12,834 | Avg Vol 1Wk | 7,78,328 |
| Low price | 323 ₹ | High price | 538 ₹ | PEG Ratio | -7.62 | Debt to equity | 0.02 |
| 52w Index | 42.4 % | Qtr Profit Var | 22.7 % | EPS | 9.35 ₹ | Industry PE | 38.8 |
Analysis:
RHIM is trading at 414 ₹, above DMA 50 (399 ₹) but below DMA 200 (433 ₹), showing short-term strength but medium-term weakness. RSI at 60.8 indicates moderately strong momentum, while MACD at 1.77 suggests mild bullishness. Volume (4,12,834) is significantly below the 1-week average (7,78,328), reflecting reduced participation. Fundamentals remain stretched with high P/E (44.4 vs industry 38.8), low ROE (5.62%), and weak ROCE (7.71%), though quarterly PAT growth (+22.7%) supports near-term sentiment.
Optimal Buy Price:
Entry zone: 408–412 ₹ if price sustains with rising volume.
Exit Levels:
- Profit-taking: 422–428 ₹ (near-term resistance)
- Stop-loss: 402 ₹ (below intraday support)
If Already Holding:
Exit intraday if price fails to hold above 408 ₹ or if RSI weakens below 58 with declining volume. Trail stop-loss to 412 ₹ once price moves above 422 ₹.
---
Positive
- EPS at ₹9.35 supports earnings base
- Debt-to-equity at 0.02 ensures financial stability
- Quarterly PAT growth (41.3 Cr. → 68.9 Cr.) shows operational improvement
- DII holding increased (+0.68%), showing domestic confidence
Limitation
- High P/E (44.4 vs industry 38.8) indicates premium valuation
- ROE (5.62%) and ROCE (7.71%) remain weak compared to peers
- Volume below average reduces intraday conviction
- PEG ratio (-7.62) reflects poor growth prospects
Company Negative News
- FII holding reduced (-0.26%), showing weaker foreign sentiment
- Price trading below DMA 200 indicates medium-term weakness
Company Positive News
- PAT growth supports near-term sentiment
- Technical support from DMA 50 levels
- Sector demand remains steady in refractories
Industry
- Industry PE at 38.8 highlights sector trading at lower multiples
- Refractories sector supported by steel and cement demand
- Competitive landscape with peers offering stronger margins
Conclusion
RHIM is a moderate intraday candidate with short-term technical support but weak fundamentals. Optimal buy near 408–412 ₹ with profit exits around 422–428 ₹. Stop-loss at 402 ₹ is essential. Existing holders should trail stops and monitor RSI/volume closely for intraday exit signals.
This structured HTML report captures RHIM’s intraday setup with clear entry/exit logic. Would you like me to extend this into a swing trade overlay or peer benchmarking analysis for broader sector clarity?