SHREECEM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | SHREECEM | Market Cap | 91,359 Cr. | Current Price | 25,360 ₹ | High / Low | 32,508 ₹ |
| Stock P/E | 53.6 | Book Value | 6,239 ₹ | Dividend Yield | 0.43 % | ROCE | 10.6 % |
| ROE | 7.80 % | Face Value | 10.0 ₹ | DMA 50 | 24,942 ₹ | DMA 200 | 26,405 ₹ |
| Chg in FII Hold | -1.13 % | Chg in DII Hold | 1.20 % | PAT Qtr | 532 Cr. | PAT Prev Qtr | 279 Cr. |
| RSI | 57.7 | MACD | 87.6 | Volume | 7,969 | Avg Vol 1Wk | 12,746 |
| Low price | 22,550 ₹ | High price | 32,508 ₹ | PEG Ratio | 6.09 | Debt to equity | 0.08 |
| 52w Index | 28.2 % | Qtr Profit Var | -4.31 % | EPS | 473 ₹ | Industry PE | 29.0 |
📊 SHREECEM shows moderate intraday potential. RSI at 57.7 indicates bullish momentum but not yet overbought. MACD (87.6) is positive, suggesting upward bias. Current price (25,360 ₹) is above 50 DMA (24,942 ₹) but below 200 DMA (26,405 ₹), reflecting short-term strength but medium-term resistance. Volume (7,969) is lower than the 1-week average (12,746), showing weak participation today.
💡 Optimal Buy Price: 25,200–25,300 ₹ (near support)
🎯 Profit-Taking Levels: 25,600–25,800 ₹ (resistance zone)
🛑 Stop-Loss: 25,000 ₹ (below support)
⏱ If already holding: Exit near 25,600–25,800 ₹ if momentum weakens or volume fails to rise. If price breaks below 25,000 ₹ with strong selling pressure, consider intraday exit to protect capital.
Positive
- ✅ Strong EPS at 473 ₹
- ✅ ROCE at 10.6% and ROE at 7.8% show stable returns
- ✅ Price trading above 50 DMA
Limitation
- ⚠️ Very high P/E ratio of 53.6 compared to industry average (29.0)
- ⚠️ Volume significantly below average, limiting intraday momentum
- ⚠️ PEG ratio at 6.09 indicates expensive valuation relative to growth
Company Negative News
- 📉 Decline in FII holding (-1.13%) shows reduced foreign investor confidence
- 📉 Quarterly PAT slightly declined (279 Cr → 532 Cr but Var -4.31%)
Company Positive News
- 📈 DII holding increased (+1.20%), showing domestic institutional support
- 📈 Strong market cap of 91,359 Cr. indicates stability
Industry
- 🏦 Industry PE at 29.0 vs SHREECEM PE at 53.6 shows overvaluation
- 🏦 Cement sector remains cyclical but supported by infrastructure demand
Conclusion
⚖️ SHREECEM offers moderate intraday trading potential with bullish signals from RSI and MACD, supported by price strength above 50 DMA. Traders may attempt entries near 25,200–25,300 ₹ with profit targets around 25,600–25,800 ₹. However, high valuation, weak volume, and resistance near 200 DMA suggest cautious positioning with strict stop-losses.
Would you like me to extend this into a swing trade analysis for medium-term clarity, or refine the intraday trading plan further?