SAREGAMA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | SAREGAMA | Market Cap | 6,325 Cr. | Current Price | 328 ₹ | High / Low | 603 ₹ |
| Stock P/E | 31.4 | Book Value | 86.1 ₹ | Dividend Yield | 1.37 % | ROCE | 18.0 % |
| ROE | 13.4 % | Face Value | 1.00 ₹ | DMA 50 | 359 ₹ | DMA 200 | 431 ₹ |
| Chg in FII Hold | -2.64 % | Chg in DII Hold | -0.12 % | PAT Qtr | 58.1 Cr. | PAT Prev Qtr | 47.6 Cr. |
| RSI | 39.7 | MACD | -8.88 | Volume | 4,28,903 | Avg Vol 1Wk | 3,93,006 |
| Low price | 317 ₹ | High price | 603 ₹ | PEG Ratio | 2.95 | Debt to equity | 0.00 |
| 52w Index | 3.97 % | Qtr Profit Var | -5.49 % | EPS | 10.2 ₹ | Industry PE | 38.2 |
📊 Analysis: SAREGAMA is trading at ₹328, below both its 50 DMA (₹359) and 200 DMA (₹431), indicating weak technical momentum. RSI at 39.7 suggests oversold conditions, while MACD (-8.88) confirms bearish sentiment. Current volume (4.28 lakh) is slightly above the 1-week average (3.93 lakh), showing moderate intraday participation. Fundamentals remain decent with ROCE at 18% and ROE at 13.4%, but declining quarterly profit (-5.49%) and reduced FII/DII holdings weigh on sentiment.
💡 Optimal Buy Price: ₹325–328 near support levels.
🎯 Profit-Taking Exit Levels: ₹338–342 (short-term resistance zone).
🛑 Stop-Loss Protection: ₹317 (below immediate support).
⏱️ Intraday Exit Strategy: If already holding, consider exiting near ₹338–342 if RSI fails to cross 45 or if volume momentum fades. Exit immediately if price breaks below ₹317 with strong selling pressure.
✅ Positive
- EPS of ₹10.2 with reasonable P/E of 31.4 compared to industry PE of 38.2.
- ROCE at 18% and ROE at 13.4% indicate strong efficiency.
- Dividend yield of 1.37% provides investor returns.
- Debt-free balance sheet (Debt-to-equity ratio 0.00).
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA.
- RSI near oversold levels but momentum remains weak.
- PEG ratio of 2.95 suggests expensive valuation relative to growth.
📉 Company Negative News
- Quarterly PAT declined from ₹47.6 Cr. to ₹58.1 Cr. with -5.49% variation.
- FII holdings decreased by 2.64%, showing reduced foreign investor confidence.
- DII holdings decreased slightly by 0.12%.
📈 Company Positive News
- Stable dividend yield supports long-term investors.
- Strong efficiency metrics (ROCE and ROE).
- Volume slightly above average, indicating active intraday participation.
🏭 Industry
- Industry PE at 38.2, higher than SAREGAMA’s PE of 31.4, suggesting fair valuation.
- Media and entertainment sector remains cyclical but supported by digital growth trends.
🔎 Conclusion
SAREGAMA shows weak short-term technicals but decent fundamentals. Intraday traders should adopt a cautious approach, buying near ₹325–328 with a strict stop-loss at ₹317 and aiming for exits around ₹338–342. Risk management is essential given bearish MACD and declining institutional interest, though efficiency metrics and dividend yield provide some support.