SUMICHEM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | SUMICHEM | Market Cap | 24,760 Cr. | Current Price | 496 ₹ | High / Low | 665 ₹ |
| Stock P/E | 44.7 | Book Value | 67.8 ₹ | Dividend Yield | 0.24 % | ROCE | 23.5 % |
| ROE | 17.7 % | Face Value | 10.0 ₹ | DMA 50 | 445 ₹ | DMA 200 | 460 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | 0.33 % | PAT Qtr | 111 Cr. | PAT Prev Qtr | 86.2 Cr. |
| RSI | 63.7 | MACD | 13.6 | Volume | 6,36,423 | Avg Vol 1Wk | 4,73,365 |
| Low price | 363 ₹ | High price | 665 ₹ | PEG Ratio | 13.7 | Debt to equity | 0.02 |
| 52w Index | 44.1 % | Qtr Profit Var | 12.4 % | EPS | 10.9 ₹ | Industry PE | 23.6 |
📊 SUMICHEM shows strong momentum for intraday trading today. RSI at 63.7 indicates bullish strength without being overbought. MACD is positive (13.6), confirming upward momentum. Current price (496 ₹) is above both 50 DMA (445 ₹) and 200 DMA (460 ₹), reflecting short-term strength. Volume (6.36 lakh) is higher than the weekly average, adding conviction to price action.
- 💰 Optimal Buy Price: Around 490 ₹ – 500 ₹ (near breakout zone)
- 📈 Profit-Taking Levels: 515 ₹ – 530 ₹
- 📉 Stop-Loss Protection: 475 ₹
⏳ If already holding SUMICHEM today, consider exiting intraday positions if price fails to sustain above 500 ₹ with strong volume. A break below 475 ₹ should trigger an exit to protect capital.
Positive ✅
- Strong ROCE at 23.5% and ROE at 17.7%
- Quarterly PAT improved from 86.2 Cr. to 111 Cr.
- Stock trading above both 50 DMA and 200 DMA
- Low debt-to-equity ratio of 0.02
Limitation ⚠️
- High P/E of 44.7 compared to industry average (23.6)
- PEG ratio at 13.7 indicates overvaluation
- Dividend yield at 0.24% is very low
- EPS at 10.9 ₹ is modest relative to valuation
Company Negative News ❌
- High valuation multiples compared to peers
- Profit growth (12.4%) is moderate relative to P/E levels
Company Positive News 🌟
- Strong operational efficiency with ROCE and ROE
- FII holding increased by 0.04% and DII holding by 0.33%
- Consistent profitability with improving quarterly PAT
Industry 🏭
- Industry PE at 23.6 vs SUMICHEM PE at 44.7 – stock is overvalued
- Chemicals sector benefiting from demand in agriculture and specialty chemicals
Conclusion 📌
SUMICHEM is a strong intraday candidate today with bullish momentum, high volume, and technical strength above key moving averages. Traders can look for quick gains with tight stop-losses, but caution is warranted due to high valuation and low dividend yield.
Would you like me to extend this into a sector overlay analysis comparing SUMICHEM with its chemical industry peers for deeper benchmarking?