RTNINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.4
| Stock Code | RTNINDIA | Market Cap | 5,269 Cr. | Current Price | 38.1 ₹ | High / Low | 69.7 ₹ |
| Book Value | 8.46 ₹ | Dividend Yield | 0.00 % | ROCE | 10.6 % | ROE | 10.7 % |
| Face Value | 2.00 ₹ | DMA 50 | 42.9 ₹ | DMA 200 | 50.3 ₹ | Chg in FII Hold | 0.22 % |
| Chg in DII Hold | -0.04 % | PAT Qtr | -401 Cr. | PAT Prev Qtr | 514 Cr. | RSI | 30.6 |
| MACD | -1.15 | Volume | 9,41,724 | Avg Vol 1Wk | 12,17,111 | Low price | 37.4 ₹ |
| High price | 69.7 ₹ | Debt to equity | 0.56 | 52w Index | 2.07 % | Qtr Profit Var | -63.8 % |
| EPS | -2.88 ₹ | Industry PE | 56.3 |
📊 Analysis: RTNINDIA shows weak intraday potential. RSI at 30.6 indicates oversold conditions, but MACD at -1.15 confirms bearish sentiment. Current price (38.1 ₹) is below both 50 DMA (42.9 ₹) and 200 DMA (50.3 ₹), reflecting short-term and medium-term weakness. Volume (9.41 Lakh) is below average (12.17 Lakh), reducing intraday participation. The sharp decline in quarterly profits (-401 Cr. vs 514 Cr. previous quarter) further weakens sentiment, making this stock risky for intraday trades.
💡 Optimal Buy Price: Around 37.5–38.0 ₹ if support holds.
🎯 Profit Exit Levels: 39.5–40.5 ₹ (short-term resistance).
🛡️ Stop-Loss: 36.8 ₹ to protect against downside risk.
⏱️ If Already Holding: Consider exiting near 39.5–40.5 ₹ if momentum improves. If price fails to hold above 37.5 ₹ with weak volume, exit intraday to avoid further downside.
Positive
- 📊 ROCE at 10.6% and ROE at 10.7% show moderate efficiency.
- 📈 FII holding increased (+0.22%), showing marginal foreign investor interest.
- ⚖️ Debt-to-equity ratio at 0.56, moderate leverage compared to peers.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA, showing weak technical trend.
- 📉 RSI and MACD both indicate bearish momentum.
- ⚠️ EPS at -2.88 ₹ reflects negative earnings.
- 📊 52-week index at 2.07%, showing sharp underperformance compared to highs.
Company Negative News
- 📉 Quarterly PAT collapsed from 514 Cr. to -401 Cr. (massive decline).
- ⚠️ DII holding decreased (-0.04%), showing reduced domestic institutional confidence.
Company Positive News
- 📊 FII holding increased slightly, showing marginal foreign support.
Industry
- 🏭 Industry PE at 56.3, much higher than RTNINDIA’s (no valid PE due to negative EPS), showing sector is healthier overall.
- ⚡ Infrastructure and power sector supported by long-term demand outlook, though company-specific weakness persists.
Conclusion
⚖️ RTNINDIA is not an ideal candidate for intraday trading today due to weak momentum, negative earnings, and collapsing profits. Traders may attempt small scalps between 37.5–40.5 ₹ with strict stop-loss discipline at 36.8 ₹, but caution is strongly advised given limited upside potential and bearish sentiment.