SAREGAMA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | SAREGAMA | Market Cap | 6,758 Cr. | Current Price | 351 ₹ | High / Low | 603 ₹ |
| Stock P/E | 33.6 | Book Value | 86.1 ₹ | Dividend Yield | 1.28 % | ROCE | 18.0 % |
| ROE | 13.4 % | Face Value | 1.00 ₹ | DMA 50 | 345 ₹ | DMA 200 | 408 ₹ |
| Chg in FII Hold | -2.64 % | Chg in DII Hold | -0.12 % | PAT Qtr | 58.1 Cr. | PAT Prev Qtr | 47.6 Cr. |
| RSI | 57.2 | MACD | 2.13 | Volume | 2,50,403 | Avg Vol 1Wk | 9,07,370 |
| Low price | 307 ₹ | High price | 603 ₹ | PEG Ratio | 3.15 | Debt to equity | 0.00 |
| 52w Index | 14.8 % | Qtr Profit Var | -5.49 % | EPS | 10.2 ₹ | Industry PE | 36.2 |
📊 Analysis: SAREGAMA is trading at ₹351, above its 50 DMA (₹345) but below the 200 DMA (₹408), showing short-term strength but long-term weakness. RSI at 57.2 indicates healthy momentum, while MACD (2.13) confirms mild bullishness. Current volume (2.5 lakh) is far below the 1-week average (9.0 lakh), suggesting weak intraday participation despite positive signals.
💡 Optimal Buy Price: Around ₹348–352 if support holds near ₹348.
🎯 Profit Exit Levels: ₹360–365 (first resistance), ₹375 (secondary resistance).
🛡️ Stop-Loss: ₹344 (below intraday support).
⏱️ If Already Holding: Consider exiting near ₹360–365 if momentum stalls. If price fails to sustain above ₹348 with weak volume, exit early to protect gains.
✅ Positive
- Quarterly PAT improved to ₹58.1 Cr from ₹47.6 Cr.
- ROCE at 18.0% and ROE at 13.4% show strong efficiency.
- Dividend yield of 1.28% provides income support.
- Debt-to-equity at 0.00 indicates a clean balance sheet.
⚠️ Limitation
- Trading below 200 DMA, showing long-term weakness.
- PEG ratio at 3.15 suggests overvaluation relative to growth.
- Volume significantly below average, limiting intraday momentum.
📉 Company Negative News
- Quarterly profit variance at -5.49% shows earnings pressure.
- FII holdings decreased by 2.64%, showing reduced foreign investor confidence.
- DII holdings decreased slightly by 0.12%.
📈 Company Positive News
- Quarterly PAT growth despite sector challenges.
- MACD positive, confirming short-term bullish momentum.
🏭 Industry
- Industry PE at 36.2, slightly higher than SAREGAMA’s 33.6, showing fair alignment.
- Media & entertainment sector remains volatile, influenced by digital adoption and content monetization trends.
🔎 Conclusion
SAREGAMA shows short-term bullish signals with improving profits and strong efficiency metrics, but weak volume and declining institutional confidence limit upside. Suitable for cautious intraday trades with tight stop-losses and profit booking near resistance levels.
Would you like me to extend this into a basket overlay scan with peers like Tips Industries, Shemaroo, and Zee Entertainment to benchmark SAREGAMA’s intraday strength against the broader media & entertainment sector?