SHYAMMETL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | SHYAMMETL | Market Cap | 21,946 Cr. | Current Price | 786 ₹ | High / Low | 1,001 ₹ |
| Stock P/E | 43.8 | Book Value | 222 ₹ | Dividend Yield | 0.57 % | ROCE | 12.0 % |
| ROE | 8.48 % | Face Value | 10.0 ₹ | DMA 50 | 827 ₹ | DMA 200 | 848 ₹ |
| Chg in FII Hold | -0.44 % | Chg in DII Hold | 0.23 % | PAT Qtr | 98.4 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 41.5 | MACD | -21.1 | Volume | 2,25,630 | Avg Vol 1Wk | 2,89,545 |
| Low price | 737 ₹ | High price | 1,001 ₹ | PEG Ratio | -2.93 | Debt to equity | 0.05 |
| 52w Index | 18.5 % | Qtr Profit Var | -17.2 % | EPS | 18.0 ₹ | Industry PE | 18.1 |
📊 Analysis: SHYAMMETL is trading at ₹786, below both its 50 DMA (₹827) and 200 DMA (₹848), reflecting short-term weakness. RSI at 41.5 suggests neutral-to-weak momentum, while MACD (-21.1) confirms bearish pressure. Current volume (2.25 lakh) is below the 1-week average (2.89 lakh), indicating reduced intraday participation.
💡 Optimal Buy Price: Around ₹780–785 if support holds near ₹780.
🎯 Profit Exit Levels: ₹795–800 (first resistance), ₹815 (secondary resistance).
🛡️ Stop-Loss: ₹770 (below intraday support).
⏱️ If Already Holding: Consider exiting near ₹795–800 if momentum stalls. If price fails to sustain above ₹780 with weak volume, exit early to protect gains.
✅ Positive
- ROCE at 12.0% and ROE at 8.48% show moderate efficiency.
- DII holdings increased by 0.23%, showing domestic support.
- Debt-to-equity at 0.05 indicates very low leverage.
- 52-week performance shows 18.5% gain.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA, showing bearish trend.
- PEG ratio at -2.93 suggests poor growth prospects.
- Dividend yield at 0.57% is modest.
- Volume below average, limiting intraday momentum.
📉 Company Negative News
- Quarterly PAT declined from ₹136 Cr to ₹98.4 Cr (-17.2%).
- FII holdings decreased by 0.44%, showing reduced foreign investor confidence.
📈 Company Positive News
- DII inflows reflect domestic institutional confidence.
- EPS at ₹18.0 provides earnings support despite recent decline.
🏭 Industry
- Industry PE at 18.1, much lower than SHYAMMETL’s 43.8, suggesting sector peers are more attractively valued.
- Steel and metals sector remains cyclical, influenced by global demand and commodity price trends.
🔎 Conclusion
SHYAMMETL shows moderate efficiency and low debt, but weak momentum, declining profits, and reduced foreign investor confidence limit upside. Intraday trades may be possible with tight stop-losses and quick exits near resistance levels, but caution is advised due to bearish technical signals and below-average volume.
Would you like me to extend this into a basket overlay scan with peers like Tata Steel, JSW Steel, and Jindal Steel to benchmark SHYAMMETL’s intraday strength against the broader metals sector?