SUMICHEM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | SUMICHEM | Market Cap | 21,424 Cr. | Current Price | 429 ₹ | High / Low | 665 ₹ |
| Stock P/E | 39.5 | Book Value | 64.0 ₹ | Dividend Yield | 0.28 % | ROCE | 25.1 % |
| ROE | 18.8 % | Face Value | 10.0 ₹ | DMA 50 | 447 ₹ | DMA 200 | 495 ₹ |
| Chg in FII Hold | -0.28 % | Chg in DII Hold | 0.18 % | PAT Qtr | 86.2 Cr. | PAT Prev Qtr | 178 Cr. |
| RSI | 48.4 | MACD | -9.97 | Volume | 2,70,145 | Avg Vol 1Wk | 3,83,956 |
| Low price | 396 ₹ | High price | 665 ₹ | PEG Ratio | 7.88 | Debt to equity | 0.02 |
| 52w Index | 12.2 % | Qtr Profit Var | 2.27 % | EPS | 10.6 ₹ | Industry PE | 30.9 |
📊 Analysis: SUMICHEM shows weak intraday potential. Current price (429 ₹) is below both 50 DMA (447 ₹) and 200 DMA (495 ₹), indicating bearish pressure. RSI at 48.4 suggests neutral momentum leaning towards weakness. MACD at -9.97 is negative, confirming downward bias. Volume (2,70,145) is below the 1-week average (3,83,956), limiting intraday volatility. The stock is trading near its 52-week low zone (12.2% of high), reflecting poor sentiment.
💰 Optimal Buy Price: 422–426 ₹ (near short-term support).
📈 Profit-Taking Exit Levels: 438–442 ₹ (short-term resistance).
🛑 Stop-Loss / Loss Protection: 418 ₹ (below support zone).
⏱️ If Already Holding: Exit intraday if price fails to sustain above 430 ₹ or if MACD continues negative with weakening momentum. Book profits if price approaches 438–442 ₹ but volume remains weak.
✅ Positive
- Strong ROCE at 25.1% and ROE at 18.8% indicate efficient capital use.
- Low debt-to-equity ratio (0.02) reflects financial stability.
- DII holdings increased (+0.18%).
⚠️ Limitation
- Price trading below both 50 DMA and 200 DMA, showing bearish trend.
- MACD negative, confirming weak momentum.
- PEG ratio at 7.88 suggests expensive valuation relative to growth.
- Volume below average, limiting intraday opportunities.
📉 Company Negative News
- PAT declined sequentially (86.2 Cr vs 178 Cr).
- FII holdings decreased (-0.28%).
📈 Company Positive News
- EPS at 10.6 ₹ indicates earnings consistency.
- Dividend yield at 0.28% provides minor investor return.
🏭 Industry
- Industry PE at 30.9, lower than SUMICHEM’s P/E of 39.5, suggesting overvaluation.
- Chemicals sector remains cyclical but supported by long-term demand in agriculture and specialty chemicals.
🔎 Conclusion
SUMICHEM is a weak candidate for intraday trading today. The stock is trading below key moving averages with negative MACD and low volume, limiting upside potential. A cautious buy near 422–426 ₹ with exit around 438–442 ₹ is possible, but strict stop-loss at 418 ₹ is essential. Intraday traders should remain conservative due to weak momentum and poor sentiment.