RITES - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 2.8

📊 Analysis: RITES shows weak intraday potential. RSI at 33.8 indicates oversold conditions, but MACD (-5.61) remains negative, suggesting bearish sentiment. Current price (₹226) is below both 50 DMA (₹240) and 200 DMA (₹256), reflecting short-term and medium-term weakness. Volume (2.1L) is below weekly average (2.55L), limiting intraday participation strength.

💡 Optimal Buy Price: ₹224–₹227 if price stabilizes near support.

🎯 Profit Exit Levels: ₹235–₹240 (near 50 DMA resistance).

🛡️ Stop-Loss: ₹220 (below short-term support).

⏱️ Intraday Exit Guidance: If already holding, consider exiting near ₹235–₹240 if momentum weakens or volume fails to support breakout. Exit immediately if price drops below ₹220 intraday.

Positive

• 📈 Strong ROCE: 20% indicates efficient capital utilization.
• 📊 ROE at 15.1%: Reflects healthy equity returns.
• 💸 Dividend yield: 3.34% provides attractive shareholder returns.
• 📈 Quarterly PAT growth: ₹102 Cr vs ₹66.6 Cr shows improvement.
• ⚖️ Debt-free balance sheet: Debt-to-equity ratio at 0.00 adds financial stability.

Limitation

• ⚠️ Price below DMA levels: Trading below 50 & 200 DMA indicates weakness.
• 📉 High P/E ratio: 27.3 vs industry PE of 18.8 suggests overvaluation.
• 🔻 Negative PEG ratio: -3.23 highlights unsustainable growth metrics.
• 📉 Low volume: Below weekly average, limiting intraday momentum strength.

Company Negative News

• 📉 Weak technicals: Negative MACD and oversold RSI signal bearish bias.

Company Positive News

• 📊 Quarterly profit variance: +18.9% growth indicates operational improvement.
• 📈 Marginal increase in FII & DII holdings: Reflects cautious institutional confidence.

Industry

• 🏗️ Industry PE: 18.8, lower than RITES’s 27.3, highlights relative overvaluation.
• 📊 Sector demand: Infrastructure consulting sector remains cyclical, offering long-term opportunities but weak intraday momentum.

Conclusion

⚖️ RITES is a weak intraday candidate today due to negative MACD, oversold RSI, and price trading below DMA levels. Optimal buy zone is ₹224–₹227 with profit exits near ₹235–₹240. Traders should maintain tight stop-losses at ₹220 and avoid aggressive intraday positioning.

Would you like me to extend this into a peer benchmarking overlay with other infrastructure/consulting stocks (like IRCON, NBCC, Engineers India) for intraday comparison, or prepare a sector rotation basket for swing setups in the infra-consulting space?