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RHIM - IntraDay Trade Analysis with Live Signals

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Rating: 3.6

Last Updated Time : 03 May 26, 09:02 am

IntraDay Trade Rating: 3.6

Stock Code RHIM Market Cap 8,341 Cr. Current Price 404 ₹ High / Low 538 ₹
Stock P/E 43.2 Book Value 199 ₹ Dividend Yield 0.62 % ROCE 7.71 %
ROE 5.62 % Face Value 1.00 ₹ DMA 50 401 ₹ DMA 200 440 ₹
Chg in FII Hold -0.26 % Chg in DII Hold 0.68 % PAT Qtr 68.9 Cr. PAT Prev Qtr 41.3 Cr.
RSI 55.1 MACD 6.06 Volume 63,320 Avg Vol 1Wk 73,392
Low price 323 ₹ High price 538 ₹ PEG Ratio -7.42 Debt to equity 0.02
52w Index 37.7 % Qtr Profit Var 22.7 % EPS 9.35 ₹ Industry PE 37.3

📈 Optimal Buy Price: 400–406 ₹

🎯 Profit-Taking Levels: 420–430 ₹

🛡️ Stop-Loss / Exit Zone: 392 ₹

Intraday Exit Guidance:

- Exit if price fails to sustain above 400 ₹ with weakening volume.

- Book profits near 420–430 ₹ if RSI approaches 60+ and momentum slows.

- Intraday exit if MACD momentum fades or RSI dips below 52 with declining participation.

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Positive

- PAT growth (68.9 Cr. vs 41.3 Cr., +22.7%).

- EPS at 9.35 ₹ supports earnings base.

- Trading near 50 DMA (401 ₹), showing short-term support.

- Low debt-to-equity ratio (0.02) ensures financial stability.

- DII inflows (+0.68%) show domestic confidence.

Limitation

- RSI at 55.1 indicates neutral momentum.

- Price below 200 DMA (440 ₹), showing medium-term weakness.

- High P/E (43.2) compared to industry average (37.3).

- ROCE (7.71%) and ROE (5.62%) remain weak.

- Volume lower than average (63k vs 73k).

Company Negative News

- FII holdings reduced (-0.26%), showing weaker foreign sentiment.

- Valuation stretched relative to industry peers.

Company Positive News

- Strong quarterly profit growth supports fundamentals.

- Technical momentum supported by MACD (6.06).

- Stable liquidity for intraday trades.

Industry

- Industry PE at 37.3, slightly lower than company’s valuation.

- Specialty materials sector showing moderate growth outlook.

- Competitive landscape with cyclical demand patterns.

Conclusion

RHIM is a moderate intraday candidate with valuation support and recent profit growth, but weak medium-term trend and low liquidity limit upside. Tactical trades are viable with strict stop-loss near 392 ₹ and profit exits around 420–430 ₹. Existing holders should monitor RSI and MACD closely for intraday exit signals.

Would you like me to extend this into a swing trade overlay with sector benchmarking against peers like Orient Refractories and IFGL Refractories, so you can compare RHIM’s positioning beyond intraday setups?

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