RITES - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | RITES | Market Cap | 10,521 Cr. | Current Price | 219 ₹ | High / Low | 316 ₹ |
| Stock P/E | 26.4 | Book Value | 52.4 ₹ | Dividend Yield | 3.45 % | ROCE | 20.0 % |
| ROE | 15.1 % | Face Value | 10.0 ₹ | DMA 50 | 211 ₹ | DMA 200 | 232 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.07 % | PAT Qtr | 95.5 Cr. | PAT Prev Qtr | 102 Cr. |
| RSI | 58.4 | MACD | 5.52 | Volume | 2,77,803 | Avg Vol 1Wk | 4,01,228 |
| Low price | 175 ₹ | High price | 316 ₹ | PEG Ratio | -3.12 | Debt to equity | 0.00 |
| 52w Index | 31.1 % | Qtr Profit Var | 0.55 % | EPS | 8.30 ₹ | Industry PE | 18.5 |
📈 Optimal Buy Price: 216–222 ₹
🎯 Profit-Taking Levels: 230–236 ₹
🛡️ Stop-Loss / Exit Zone: 210 ₹
⏳ Intraday Exit Guidance:
- Exit if price fails to sustain above 216 ₹ with weakening volume.
- Book profits near 230–236 ₹ if RSI approaches 62–65 and momentum slows.
- Intraday exit if MACD momentum fades or RSI dips below 55 with declining participation.
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Positive
- Strong ROCE (20%) and ROE (15.1%) indicate efficient capital use.
- Debt-free balance sheet (Debt-to-equity: 0.00).
- Dividend yield at 3.45% provides steady returns.
- EPS at 8.30 ₹ supports earnings base.
- Trading above 50 DMA (211 ₹), showing near-term support.
Limitation
- RSI at 58.4 indicates moderate momentum, not strongly bullish.
- Price below 200 DMA (232 ₹), showing medium-term weakness.
- High P/E (26.4) compared to industry average (18.5).
- Quarterly PAT slightly declined (95.5 Cr. vs 102 Cr.).
Company Negative News
- Marginal profit contraction raises sustainability concerns.
- Valuation stretched relative to industry peers.
Company Positive News
- Stable fundamentals with consistent dividend payouts.
- Technical momentum supported by MACD (5.52).
- Institutional inflows (FII +0.01%, DII +0.07%) remain positive.
Industry
- Industry PE at 18.5, lower than company’s valuation.
- Infrastructure and engineering sector supported by government projects.
- Competitive landscape with moderate growth outlook.
Conclusion
RITES is a moderate intraday candidate with valuation support and strong efficiency metrics, but limited momentum and slight profit decline cap upside. Tactical trades are viable with strict stop-loss near 210 ₹ and profit exits around 230–236 ₹. Existing holders should monitor RSI and MACD closely for intraday exit signals.
Would you like me to extend this into a multi-day swing trade overlay with sector benchmarking against IRCON and RVNL, so you can compare RITES’s positioning beyond intraday setups?