SOLARINDS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.3
| Stock Code | SOLARINDS | Market Cap | 1,70,055 Cr. | Current Price | 18,789 ₹ | High / Low | 18,799 ₹ |
| Stock P/E | 139 | Book Value | 467 ₹ | Dividend Yield | 0.05 % | ROCE | 43.6 % |
| ROE | 33.5 % | Face Value | 2.00 ₹ | DMA 50 | 15,752 ₹ | DMA 200 | 14,134 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | -0.02 % | PAT Qtr | 378 Cr. | PAT Prev Qtr | 329 Cr. |
| RSI | 77.5 | MACD | 999 | Volume | 1,17,651 | Avg Vol 1Wk | 1,45,129 |
| Low price | 11,641 ₹ | High price | 18,799 ₹ | PEG Ratio | 3.48 | Debt to equity | 0.04 |
| 52w Index | 99.9 % | Qtr Profit Var | 66.4 % | EPS | 135 ₹ | Industry PE | 32.0 |
📊 SOLARINDS shows strong intraday potential. RSI at 77.5 indicates overbought conditions, while MACD (999) is extremely positive, confirming strong bullish momentum. Current price (18,789 ₹) is well above both 50 DMA (15,752 ₹) and 200 DMA (14,134 ₹), reflecting powerful short-term and medium-term strength. Volume (1.17L) is slightly below the 1-week average (1.45L), showing moderate participation today.
💡 Optimal Buy Price: 18,700–18,750 ₹ (near support)
🎯 Profit-Taking Levels: 18,800–18,850 ₹ (resistance zone)
🛑 Stop-Loss: 18,600 ₹ (below support)
⏱ If already holding: Exit near 18,800–18,850 ₹ if momentum weakens or volume fails to sustain. If price breaks below 18,600 ₹ with strong selling pressure, consider intraday exit to protect capital.
Positive
- ✅ Exceptional ROCE at 43.6% and ROE at 33.5%
- ✅ EPS at 135 ₹ reflects strong earnings
- ✅ Quarterly PAT growth (378 Cr vs 329 Cr)
- ✅ Price trading well above both 50 DMA and 200 DMA
- ✅ Very low debt-to-equity ratio at 0.04
Limitation
- ⚠️ Extremely high P/E ratio of 139 compared to industry average (32.0)
- ⚠️ RSI at 77.5 indicates overbought conditions
- ⚠️ PEG ratio at 3.48 suggests expensive valuation relative to growth
Company Negative News
- 📉 Decline in FII holding (-0.15%) and DII holding (-0.02%)
Company Positive News
- 📈 Quarterly profit variation at +66.4% indicates strong earnings momentum
- 📈 Price near 52-week high (18,799 ₹) shows strong investor sentiment
Industry
- 🏭 Industry PE at 32.0 vs SOLARINDS PE at 139 shows significant overvaluation
- 🏭 Defense and explosives sector remains growth-oriented with rising demand
Conclusion
⚖️ SOLARINDS offers strong intraday trading potential with bullish signals from RSI, MACD, and price strength above key moving averages. Traders may attempt entries near 18,700–18,750 ₹ with profit targets around 18,800–18,850 ₹. However, overbought RSI and high valuation 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?