RHIM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | RHIM | Market Cap | 7,814 Cr. | Current Price | 379 ₹ | High / Low | 548 ₹ |
| Stock P/E | 40.5 | Book Value | 199 ₹ | Dividend Yield | 0.66 % | ROCE | 7.71 % |
| ROE | 5.62 % | Face Value | 1.00 ₹ | DMA 50 | 424 ₹ | DMA 200 | 457 ₹ |
| Chg in FII Hold | -0.37 % | Chg in DII Hold | 0.39 % | PAT Qtr | 68.9 Cr. | PAT Prev Qtr | 41.3 Cr. |
| RSI | 36.0 | MACD | -19.5 | Volume | 1,61,627 | Avg Vol 1Wk | 3,01,615 |
| Low price | 362 ₹ | High price | 548 ₹ | PEG Ratio | -6.95 | Debt to equity | 0.02 |
| 52w Index | 9.19 % | Qtr Profit Var | 22.7 % | EPS | 9.35 ₹ | Industry PE | 32.5 |
📊 Analysis: RHIM shows weak-to-moderate intraday potential. Current price (₹379) is below both 50 DMA (₹424) and 200 DMA (₹457), reflecting bearish sentiment. RSI at 36.0 indicates near oversold territory, while MACD (-19.5) confirms negative momentum. Volume is significantly lower than the 1-week average, showing reduced participation. The stock is trading close to its 52-week low (₹362), limiting upside momentum.
💰 Optimal Buy Price: Around ₹375–379 if support holds.
🎯 Profit-Taking Levels: ₹390–400 (short-term resistance).
🛡️ Stop-Loss: ₹370 (below near-term support).
⏱️ If Already Holding: Exit near ₹390–400 if momentum slows. If price breaks below ₹370 with strong volume, consider intraday exit to protect capital.
Positive
- Quarterly PAT improved (₹68.9 Cr vs ₹41.3 Cr).
- EPS at ₹9.35 supports valuation.
- Low debt-to-equity ratio (0.02), ensuring financial stability.
- DII holdings increased (+0.39%), showing domestic support.
Limitation
- Current price below both 50 DMA and 200 DMA, showing weakness.
- Weak ROCE (7.71%) and ROE (5.62%).
- PEG ratio negative (-6.95), reflecting poor earnings growth outlook.
- Volume significantly below weekly average, limiting intraday strength.
Company Negative News
- FII holdings reduced (-0.37%).
- Stock trading near 52-week low.
- Bearish momentum indicators (RSI, MACD).
Company Positive News
- Quarterly PAT growth of 22.7%.
- DII inflows support sentiment.
- Debt-free structure ensures resilience.
Industry
- Industry PE at 32.5, RHIM trades at a premium (40.5).
- Refractories and industrial materials sector benefits from steel and infrastructure demand, though cyclical risks remain.
Conclusion
⚖️ RHIM is a weak-to-moderate candidate for intraday trading today. While quarterly profit growth and low debt are positives, momentum indicators remain bearish and the stock is near its 52-week low. Traders should avoid aggressive entries, only attempting small trades near support with strict stop-loss discipline. Long-term investors may wait for earnings improvement before considering fresh positions.
Would you like me to prepare a peer benchmarking overlay with refractories and industrial peers like Orient Refractories, IFGL Refractories, and Vesuvius India so you can compare RHIM’s intraday setup against sector competitors for confirmation signals?