SHREECEM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | SHREECEM | Market Cap | 86,281 Cr. | Current Price | 23,900 ₹ | High / Low | 32,508 ₹ |
| Stock P/E | 49.9 | Book Value | 6,078 ₹ | Dividend Yield | 0.46 % | ROCE | 7.17 % |
| ROE | 5.69 % | Face Value | 10.0 ₹ | DMA 50 | 25,788 ₹ | DMA 200 | 27,420 ₹ |
| Chg in FII Hold | -0.27 % | Chg in DII Hold | 0.19 % | PAT Qtr | 279 Cr. | PAT Prev Qtr | 277 Cr. |
| RSI | 36.8 | MACD | -859 | Volume | 17,637 | Avg Vol 1Wk | 37,092 |
| Low price | 22,855 ₹ | High price | 32,508 ₹ | PEG Ratio | -2.42 | Debt to equity | 0.09 |
| 52w Index | 10.8 % | Qtr Profit Var | 21.4 % | EPS | 480 ₹ | Industry PE | 28.2 |
📊 Analysis: SHREECEM is trading at ₹23,900, below both its 50 DMA (₹25,788) and 200 DMA (₹27,420), reflecting short-term weakness. RSI at 36.8 suggests oversold territory, while MACD (-859) indicates strong bearish momentum. Current volume (17k) is far below the 1-week average (37k), showing weak intraday participation.
💡 Optimal Buy Price: Around ₹23,700–23,900 if support holds near ₹23,700.
🎯 Profit Exit Levels: ₹24,200–24,400 (first resistance), ₹24,800 (secondary resistance).
🛡️ Stop-Loss: ₹23,500 (below intraday support).
⏱️ If Already Holding: Consider exiting near ₹24,200–24,400 if momentum stalls. If price fails to sustain above ₹23,700 with weak volume, exit early to protect capital.
✅ Positive
- EPS at ₹480 reflects strong earnings power.
- Quarterly PAT stable at ₹279 Cr vs ₹277 Cr.
- Debt-to-equity at 0.09 indicates low leverage.
- 52-week performance shows 10.8% gain.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA, showing bearish trend.
- ROCE at 7.17% and ROE at 5.69% are weak relative to valuation.
- PEG ratio at -2.42 suggests poor growth prospects.
- Dividend yield at 0.46% is modest.
📉 Company Negative News
- FII holdings decreased by 0.27%, showing reduced foreign investor confidence.
- MACD strongly negative, confirming bearish momentum.
📈 Company Positive News
- DII holdings increased slightly by 0.19%, showing domestic support.
- Quarterly profit variance at 21.4% shows some earnings improvement.
🏭 Industry
- Industry PE at 28.2, much lower than SHREECEM’s 49.9, suggesting sector peers are more attractively valued.
- Cement sector remains cyclical, influenced by infrastructure demand and raw material costs.
🔎 Conclusion
SHREECEM shows strong earnings power but weak momentum and high valuation. Intraday signals remain bearish with low volume. Suitable only for cautious intraday trades with tight stop-losses and quick exits near resistance levels.
Would you like me to extend this into a basket overlay scan with peers like Ultratech Cement, ACC, and Ambuja Cement to benchmark SHREECEM’s intraday strength against the broader cement sector?