SKFINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | SKFINDIA | Market Cap | 9,252 Cr. | Current Price | 1,870 ₹ | High / Low | 2,396 ₹ |
| Stock P/E | 23.1 | Book Value | 558 ₹ | Dividend Yield | 0.77 % | ROCE | 28.8 % |
| ROE | 21.4 % | Face Value | 10.0 ₹ | DMA 50 | 1,902 ₹ | DMA 200 | 2,051 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | -0.27 % | PAT Qtr | 41.3 Cr. | PAT Prev Qtr | 46.7 Cr. |
| RSI | 51.2 | MACD | -7.24 | Volume | 34,891 | Avg Vol 1Wk | 71,809 |
| Low price | 1,652 ₹ | High price | 2,396 ₹ | PEG Ratio | 1.82 | Debt to equity | 0.00 |
| 52w Index | 29.3 % | Qtr Profit Var | -2.04 % | EPS | 109 ₹ | Industry PE | 49.5 |
📊 Analysis: SKFINDIA shows moderate intraday potential today. RSI at 51.2 indicates neutral momentum, while MACD at -7.24 reflects bearish undertone. Current price (1,870 ₹) is slightly below 50 DMA (1,902 ₹) and well below 200 DMA (2,051 ₹), suggesting short-term weakness. Volume (34,891) is significantly lower than average (71,809), reducing intraday conviction. Fundamentals remain strong with high ROCE and ROE, but weak technicals limit upside potential.
💡 Optimal Buy Price: Around 1,860–1,870 ₹ if support holds.
🎯 Profit Exit Levels: 1,895–1,910 ₹ (short-term resistance zone).
🛡️ Stop-Loss: 1,845 ₹ to protect against downside risk.
⏱️ If Already Holding: Consider exiting near 1,895–1,910 ₹ if momentum improves. If price fails to hold above 1,860 ₹ with weak volume, exit intraday to avoid reversal.
Positive
- 📈 ROCE at 28.8% and ROE at 21.4% indicate strong efficiency.
- 📊 EPS at 109 ₹, showing robust earnings power.
- 💰 Dividend yield at 0.77% provides shareholder returns.
- ⚖️ Debt-to-equity ratio at 0.00, showing zero leverage and financial stability.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA, showing weak technical trend.
- 📉 RSI neutral but MACD negative, indicating lack of strong momentum.
- ⚠️ Volume significantly below average, reducing intraday participation.
- 📊 PEG ratio at 1.82 suggests valuation concerns relative to growth.
Company Negative News
- 📉 Quarterly PAT declined from 46.7 Cr. to 41.3 Cr. (-2.04%).
- ⚠️ DII holding decreased (-0.27%), reflecting reduced domestic institutional confidence.
Company Positive News
- 📊 FII holding increased slightly (+0.03%), showing marginal foreign investor support.
- 📈 Strong fundamentals with high ROCE and ROE continue to support long-term outlook.
Industry
- 🏭 Industry PE at 49.5, much higher than SKFINDIA’s PE (23.1), showing undervaluation compared to peers.
- ⚙️ Engineering and industrial sector supported by long-term demand for bearings and mechanical components.
Conclusion
⚖️ SKFINDIA is a cautious candidate for intraday trading today. Strong fundamentals provide support, but weak technical indicators and low volume limit upside potential. Traders may attempt entries near 1,860–1,870 ₹ with targets around 1,895–1,910 ₹ while maintaining a strict stop-loss at 1,845 ₹.