SOLARINDS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | SOLARINDS | Market Cap | 1,39,708 Cr. | Current Price | 15,439 ₹ | High / Low | 17,820 ₹ |
| Stock P/E | 130 | Book Value | 387 ₹ | Dividend Yield | 0.06 % | ROCE | 37.3 % |
| ROE | 29.7 % | Face Value | 2.00 ₹ | DMA 50 | 14,135 ₹ | DMA 200 | 13,546 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | -0.02 % | PAT Qtr | 329 Cr. | PAT Prev Qtr | 235 Cr. |
| RSI | 64.4 | MACD | 496 | Volume | 97,854 | Avg Vol 1Wk | 1,11,432 |
| Low price | 11,641 ₹ | High price | 17,820 ₹ | PEG Ratio | 2.87 | Debt to equity | 0.05 |
| 52w Index | 61.5 % | Qtr Profit Var | 61.2 % | EPS | 118 ₹ | Industry PE | 28.5 |
📉 Optimal Buy Price (Today): 15,400–15,450 ₹
🎯 Profit Exit Levels: 15,600–15,700 ₹ (short scalp), 15,850–16,000 ₹ (extended momentum)
🛑 Stop-Loss: 15,250 ₹
⏳ If Already Holding: Exit near 15,600–15,700 ₹ if momentum slows. Tighten stop-loss if price fails to sustain above 15,400 ₹. RSI at 64.4 indicates strong momentum but nearing overbought — watch for reversal signs.
Positive
✔️ RSI at 64.4 — strong momentum, bullish bias
✔️ MACD very strong (496) — powerful upward trend
✔️ Price above both DMA 50 (14,135 ₹) and DMA 200 (13,546 ₹) — trend support
✔️ ROCE at 37.3% and ROE at 29.7% — excellent efficiency metrics
✔️ EPS at 118 ₹ supports earnings strength
✔️ Quarterly PAT growth (329 Cr. vs 235 Cr., +61.2%)
Limitation
⚠️ Current price (15,439 ₹) below 52-week high (17,820 ₹) — resistance overhead
⚠️ Valuation stretched with P/E 130 vs industry 28.5
⚠️ Volume (97.8K) below weekly average (111K) — weaker participation
⚠️ Dividend yield very low (0.06%)
Company Negative News
📉 FII holdings reduced (-0.15%)
📉 DII holdings reduced (-0.02%)
📉 High valuation raises sustainability concerns
Company Positive News
📈 Strong quarterly profit growth (+61.2%)
📈 EPS at 118 ₹ — robust earnings base
📈 52-week index gain of 61.5% shows strong investor confidence
Industry
🏭 Industry PE at 28.5 vs SOLARINDS’s 130 — relatively expensive
🏭 Defense and explosives sector supported by infrastructure and government contracts
Conclusion
🔎 SOLARINDS shows strong intraday bullish momentum supported by RSI, MACD, and DMA levels, but valuations remain stretched.
Intraday trades can target 15,600–15,700 ₹ with strict stop-loss at 15,250 ₹.
Aggressive traders may aim for 15,850–16,000 ₹ if RSI sustains above 65 and volume strengthens.
Would you like me to extend this into a sector overlay benchmarking SOLARINDS against peers like ASTRA MICRON, GEPIL, and HBLPOWER for intraday comparative clarity?