RRKABEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | RRKABEL | Market Cap | 16,066 Cr. | Current Price | 1,424 ₹ | High / Low | 1,563 ₹ |
| Stock P/E | 34.7 | Book Value | 206 ₹ | Dividend Yield | 0.42 % | ROCE | 19.7 % |
| ROE | 15.2 % | Face Value | 5.00 ₹ | DMA 50 | 1,414 ₹ | DMA 200 | 1,353 ₹ |
| Chg in FII Hold | 0.22 % | Chg in DII Hold | 0.07 % | PAT Qtr | 130 Cr. | PAT Prev Qtr | 116 Cr. |
| RSI | 51.1 | MACD | -23.6 | Volume | 3,39,321 | Avg Vol 1Wk | 2,55,994 |
| Low price | 750 ₹ | High price | 1,563 ₹ | PEG Ratio | 2.56 | Debt to equity | 0.17 |
| 52w Index | 82.9 % | Qtr Profit Var | 91.1 % | EPS | 39.7 ₹ | Industry PE | 18.2 |
📊 Analysis: RRKABEL shows moderate strength for intraday trading. Current price (₹1,424) is above both 50 DMA (₹1,414) and 200 DMA (₹1,353), reflecting bullish bias. RSI at 51.1 indicates neutral momentum, while MACD (-23.6) suggests mild short-term weakness. Volume is higher than weekly average, supporting intraday liquidity. Fundamentals remain strong with ROCE (19.7%), ROE (15.2%), and low debt-to-equity (0.17). However, elevated P/E (34.7 vs industry 18.2) and PEG ratio (2.56) highlight valuation concerns.
💹 Optimal Buy Price: Around ₹1,415–₹1,425 (near support zone close to 50 DMA).
🎯 Profit-Taking Exit Levels: ₹1,445–₹1,455 (short-term resistance zone).
🛡️ Stop-Loss / Loss Protection: ₹1,405 (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹1,420 or RSI drops below 48 intraday. If momentum strengthens with volume, partial profit booking near ₹1,445–₹1,455 is advisable.
Positive
- Strong ROCE (19.7%) and ROE (15.2%) reflect efficient capital use.
- Low debt-to-equity (0.17) ensures financial stability.
- EPS of ₹39.7 supports earnings strength.
- Quarterly PAT growth (₹116 Cr → ₹130 Cr) shows improvement.
- FII (+0.22%) and DII (+0.07%) holdings increased, showing institutional support.
- Volume higher than weekly average, supporting intraday liquidity.
Limitation
- MACD negative (-23.6) indicates short-term weakness.
- High P/E (34.7) compared to industry average (18.2), showing overvaluation risk.
- PEG ratio (2.56) suggests expensive valuation relative to growth.
Company Negative News
- Valuation concerns due to high P/E and PEG ratio.
Company Positive News
- Quarterly PAT improved sequentially (+91.1% YoY).
- Institutional buying support from both FII and DII.
Industry
- Industry P/E at 18.2, much lower than RRKABEL’s valuation, highlighting relative overvaluation.
- Cables and electrical sector benefiting from infrastructure and housing demand growth.
Conclusion
⚡ RRKABEL is a moderately strong candidate for intraday trading today. Technicals show neutral-to-bullish bias with price above DMA levels, though MACD weakness suggests caution. Fundamentals are solid, supported by institutional buying and earnings growth, but valuation remains stretched. Optimal strategy: Buy near ₹1,415–₹1,425, book profits around ₹1,445–₹1,455, and protect downside with stop-loss at ₹1,405.
Would you like me to also prepare a peer benchmarking overlay comparing RRKABEL with POLYCAB and other cable/electrical peers, so you can evaluate relative intraday strength within the sector?