RRKABEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | RRKABEL | Market Cap | 22,048 Cr. | Current Price | 1,949 ₹ | High / Low | 2,060 ₹ |
| Stock P/E | 44.0 | Book Value | 227 ₹ | Dividend Yield | 0.49 % | ROCE | 28.0 % |
| ROE | 21.3 % | Face Value | 5.00 ₹ | DMA 50 | 1,694 ₹ | DMA 200 | 1,478 ₹ |
| Chg in FII Hold | 0.70 % | Chg in DII Hold | -0.61 % | PAT Qtr | 166 Cr. | PAT Prev Qtr | 130 Cr. |
| RSI | 65.1 | MACD | 110 | Volume | 8,91,341 | Avg Vol 1Wk | 6,62,381 |
| Low price | 1,165 ₹ | High price | 2,060 ₹ | PEG Ratio | 1.13 | Debt to equity | 0.13 |
| 52w Index | 87.6 % | Qtr Profit Var | 30.0 % | EPS | 43.0 ₹ | Industry PE | 28.1 |
Analysis:
RRKABEL is trading at 1,949 ₹, close to its 52-week high (2,060 ₹). RSI at 65.1 indicates strong but not yet overbought momentum, while MACD at 110 shows bullish strength. Volume (8,91,341) is above the 1-week average (6,62,381), reflecting strong participation. Price is well above DMA 50 (1,694 ₹) and DMA 200 (1,478 ₹), confirming technical strength. Fundamentals remain solid with ROCE (28%) and ROE (21.3%), though valuation is stretched (P/E 44 vs industry 28.1).
Optimal Buy Price:
Entry zone: 1,935–1,945 ₹ if price sustains with volume confirmation.
Exit Levels:
- Profit-taking: 1,980–2,000 ₹ (near-term resistance)
- Stop-loss: 1,915 ₹ (below intraday support)
If Already Holding:
Exit intraday if RSI crosses 70 with weakening volume or if price fails to hold above 1,935 ₹. Trail stop-loss to 1,945 ₹ once price moves above 1,980 ₹.
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Positive
- Strong ROCE (28%) and ROE (21.3%)
- EPS at ₹43 supports earnings strength
- Debt-to-equity at 0.13 ensures financial stability
- FII holding increased (+0.70%), showing foreign investor confidence
- Volume above average indicates strong intraday participation
Limitation
- High P/E (44 vs industry 28.1) indicates premium valuation
- Dividend yield at 0.49% is modest
- DII holding reduced (-0.61%), showing weaker domestic sentiment
Company Negative News
- Valuation stretched compared to peers
- Domestic institutional sentiment weaker
Company Positive News
- Quarterly PAT improved (130 Cr. → 166 Cr., +30%)
- Strong demand in cables and wires sector
- Technical breakout supported by MACD and volume strength
Industry
- Industry PE at 28.1 highlights sector trading at lower multiples
- Electricals and cables sector benefiting from infrastructure expansion
- Sector demand outlook remains favorable
Conclusion
RRKABEL is a strong intraday candidate with robust fundamentals and technical momentum. Optimal buy near 1,935–1,945 ₹ with profit exits around 1,980–2,000 ₹. Stop-loss at 1,915 ₹ is essential. Existing holders should trail stops and monitor RSI/volume for intraday exit signals.
This structured HTML report captures RRKABEL’s intraday setup with clear entry/exit logic. Would you like me to extend this into a sector overlay comparison against Polycab and Finolex for sharper benchmarking?