SOLARINDS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | SOLARINDS | Market Cap | 1,24,035 Cr. | Current Price | 13,703 ₹ | High / Low | 17,820 ₹ |
| Stock P/E | 116 | Book Value | 387 ₹ | Dividend Yield | 0.07 % | ROCE | 37.3 % |
| ROE | 29.7 % | Face Value | 2.00 ₹ | DMA 50 | 13,660 ₹ | DMA 200 | 13,362 ₹ |
| Chg in FII Hold | -0.37 % | Chg in DII Hold | 0.01 % | PAT Qtr | 329 Cr. | PAT Prev Qtr | 235 Cr. |
| RSI | 46.1 | MACD | 221 | Volume | 2,00,918 | Avg Vol 1Wk | 1,89,518 |
| Low price | 9,888 ₹ | High price | 17,820 ₹ | PEG Ratio | 2.55 | Debt to equity | 0.05 |
| 52w Index | 48.1 % | Qtr Profit Var | 61.2 % | EPS | 118 ₹ | Industry PE | 24.5 |
📊 Analysis: SOLARINDS is trading at ₹13,703, above both its 50 DMA (₹13,660) and 200 DMA (₹13,362), showing strong technical support. RSI at 46.1 indicates neutral momentum, while MACD (221) confirms bullish strength. Current volume (2.0 lakh) is slightly above the 1-week average (1.89 lakh), suggesting healthy intraday participation. Fundamentals remain strong with high ROCE and ROE, though valuation is stretched.
💡 Optimal Buy Price: Around ₹13,650–13,700 if support holds near ₹13,650.
🎯 Profit Exit Levels: ₹13,850–13,950 (first resistance), ₹14,100 (secondary resistance).
🛡️ Stop-Loss: ₹13,550 (below intraday support).
⏱️ If Already Holding: Consider exiting near ₹13,850–13,950 if momentum stalls. If price fails to sustain above ₹13,650 with weakening volume, exit early to protect gains.
✅ Positive
- ROCE at 37.3% and ROE at 29.7% reflect excellent efficiency.
- Quarterly PAT improved to ₹329 Cr from ₹235 Cr (61.2% growth).
- EPS at ₹118 provides strong earnings support.
- Debt-to-equity at 0.05 indicates very low leverage.
- 52-week performance shows 48.1% gain, reflecting investor confidence.
⚠️ Limitation
- High P/E of 116 compared to industry average of 24.5.
- Dividend yield at 0.07% is negligible.
- PEG ratio at 2.55 suggests overvaluation relative to growth.
📉 Company Negative News
- FII holdings decreased by 0.37%, showing reduced foreign investor confidence.
- Valuation significantly higher than peers, limiting upside.
📈 Company Positive News
- Quarterly profit growth of 61.2% shows strong earnings momentum.
- DII holdings increased slightly by 0.01%, showing domestic support.
- MACD positive, confirming short-term bullish momentum.
🏭 Industry
- Industry PE at 24.5, much lower than SOLARINDS’s 116, suggesting sector peers are more attractively valued.
- Defence and explosives sector remains in growth phase, supported by infrastructure and strategic demand.
🔎 Conclusion
SOLARINDS shows strong technical and fundamental efficiency with bullish intraday signals and robust earnings growth. Despite high valuation and negligible dividend yield, intraday trades are favorable with tight stop-losses and profit booking near resistance levels.
Would you like me to extend this into a basket overlay scan with peers like Bharat Dynamics, Garden Reach Shipbuilders, and Mazagon Dock to benchmark SOLARINDS’s intraday strength against the broader defence sector?