RRKABEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | RRKABEL | Market Cap | 16,242 Cr. | Current Price | 1,435 ₹ | High / Low | 1,578 ₹ |
| Stock P/E | 35.1 | Book Value | 206 ₹ | Dividend Yield | 0.42 % | ROCE | 19.7 % |
| ROE | 15.2 % | Face Value | 5.00 ₹ | DMA 50 | 1,440 ₹ | DMA 200 | 1,379 ₹ |
| Chg in FII Hold | 0.22 % | Chg in DII Hold | 0.07 % | PAT Qtr | 130 Cr. | PAT Prev Qtr | 116 Cr. |
| RSI | 49.2 | MACD | -11.2 | Volume | 1,23,781 | Avg Vol 1Wk | 1,66,820 |
| Low price | 750 ₹ | High price | 1,578 ₹ | PEG Ratio | 2.59 | Debt to equity | 0.17 |
| 52w Index | 82.7 % | Qtr Profit Var | 91.1 % | EPS | 39.7 ₹ | Industry PE | 19.2 |
📊 Analysis: RRKABEL shows moderate intraday potential. Current price (₹1,435) is near the 50 DMA (₹1,440) and above the 200 DMA (₹1,379), reflecting mixed but slightly positive sentiment. RSI at 49.2 indicates neutral momentum, while MACD (-11.2) suggests mild bearish bias. Volume is below the 1-week average, showing reduced participation. The stock is trading close to its 52-week high (₹1,578), which acts as a resistance zone.
💰 Optimal Buy Price: Around ₹1,425–1,435 if support holds.
🎯 Profit-Taking Levels: ₹1,460–1,480 (short-term resistance).
🛡️ Stop-Loss: ₹1,410 (below near-term support).
⏱️ If Already Holding: Exit near ₹1,460–1,480 if momentum slows. If price breaks below ₹1,410 with strong volume, consider intraday exit to protect capital.
Positive
- Strong ROCE (19.7%) and ROE (15.2%).
- Quarterly PAT growth (₹130 Cr vs ₹116 Cr).
- EPS at ₹39.7 supports valuation.
- Low debt-to-equity ratio (0.17), ensuring financial stability.
- FII (+0.22%) and DII (+0.07%) holdings increased.
Limitation
- High P/E (35.1) compared to industry average (19.2).
- MACD indicates weak short-term momentum.
- Volume below weekly average, limiting intraday strength.
- PEG ratio at 2.59 suggests stretched valuation.
Company Negative News
- Stock facing resistance near 52-week high.
- Short-term momentum indicators remain weak.
Company Positive News
- Strong quarterly profit growth (91.1%).
- Institutional investors increased holdings.
- Stock trading above 200 DMA, showing long-term strength.
Industry
- Industry PE at 19.2, RRKABEL trades at a premium (35.1).
- Cables and electrical equipment sector benefits from infrastructure and housing demand.
Conclusion
⚖️ RRKABEL is a moderate candidate for intraday trading today. While fundamentals and institutional inflows are supportive, momentum indicators remain weak and valuations are stretched. Traders should attempt entries near support with strict stop-loss discipline and aim for quick exits at resistance. Long-term investors may hold for growth, but intraday upside is limited.
Would you like me to prepare a peer benchmarking overlay with sector players like Polycab, Havells, and KEI Industries so you can compare RRKABEL’s intraday setup against its direct competitors for confirmation signals?