RITES - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.5

🚆 RITES shows solid fundamentals and volume strength, but weak momentum and technical resistance suggest a cautious intraday approach.

📈 Positive

• 📊 Volume of 13.86 lakh is significantly above 1-week average of 5.86 lakh, indicating strong intraday interest.
• 💰 Debt-to-equity ratio of 0.00 reflects a clean balance sheet.
• 📈 ROCE of 20.0% and ROE of 15.1% show strong capital efficiency.
• 📈 Dividend yield of 3.03% adds investor appeal.
• 📈 Slight increase in FII and DII holdings shows stable institutional sentiment.

⚠️ Limitation

• 📉 MACD at -2.58 and RSI at 45.1 indicate weak momentum and indecision.
• 📉 Price trading below DMA 50 (₹254) and DMA 200 (₹263), suggesting technical resistance.
• 📉 P/E of 31.4 vs. industry P/E of 22.2 suggests premium valuation.
• 📉 PEG ratio of -3.71 signals valuation distortion due to earnings volatility.

🚫 Company Negative News

• 📉 Quarterly PAT dropped from ₹134 Cr. to ₹66.6 Cr., indicating margin pressure.

✅ Company Positive News

• 🚄 Strong order book and government infrastructure push support long-term visibility.
• 📢 Operational efficiency and asset-light model continue to support profitability.

🏭 Industry

• 🏗️ Industry P/E of 22.2 reflects moderate growth expectations in engineering and infrastructure services.
• 📈 Sector supported by railway modernization and logistics expansion.

📌 Conclusion

• ⚠️ RITES is a moderate intraday candidate with strong fundamentals but weak technicals and momentum.
• 💡 Consider buying near ₹247–₹249 with target at ₹254–₹258 and stop-loss at ₹243.
• 📤 If already holding, exit if price crosses ₹256 with volume > 14 lakh or RSI > 50.

I can also help you visualize RITES’s intraday support and resistance zones to sharpen your trade setup.