RRKABEL - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 4.3

⚡ RRKABEL shows strong momentum, volume support, and earnings growth, making it a solid intraday candidate.

📈 Positive

• 📊 MACD at 41.7 and RSI at 70.0 indicate strong bullish momentum.
• 📈 Price trading well above DMA 50 (₹1,294) and DMA 200 (₹1,293), confirming trend strength.
• 📈 Volume of 13.6 lakh exceeds 1-week average of 11.8 lakh, showing strong intraday interest.
• 📈 Quarterly PAT up 133% from ₹88.8 Cr. to ₹116 Cr., reflecting robust earnings growth.
• 💰 ROCE of 19.7% and ROE of 15.2% indicate efficient capital deployment.

⚠️ Limitation

• 📉 P/E of 40.1 vs. industry P/E of 22.5 suggests premium valuation.
• 📉 PEG ratio of 2.96 indicates expensive valuation relative to growth.
• 📉 RSI at 70 signals overbought territory, increasing risk of short-term pullback.
• 📉 FII holding declined by 0.39%, showing foreign investor caution.

🚫 Company Negative News

• 📉 Slight drop in FII interest may reflect valuation concerns or sector rotation.

✅ Company Positive News

• 🔌 Strong demand in wires and cables segment driving revenue and margin expansion.
• 📢 DII holding increased by 0.25%, indicating domestic institutional confidence.

🏭 Industry

• 🏭 Industry P/E of 22.5 reflects moderate growth expectations in electricals and infrastructure.
• 📈 Sector supported by rising electrification, real estate growth, and infrastructure investments.

📌 Conclusion

• ✅ RRKABEL is a strong intraday candidate with bullish momentum and volume support.
• 💡 Consider buying near ₹1,415–₹1,420 with target at ₹1,440–₹1,455 and stop-loss at ₹1,405.
• 📤 If already holding, exit if price crosses ₹1,450 with volume > 14 lakh or RSI > 73.

I can also help you chart RRKABEL’s intraday resistance zones and volume spikes to sharpen your trade setup.