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SUPREMEIND - IntraDay Trade Analysis with Live Signals

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Rating: 3.7

Last Updated Time : 03 May 26, 09:02 am

IntraDay Trade Rating: 3.7

Stock Code SUPREMEIND Market Cap 46,017 Cr. Current Price 3,623 ₹ High / Low 4,740 ₹
Stock P/E 50.5 Book Value 429 ₹ Dividend Yield 0.94 % ROCE 23.2 %
ROE 17.5 % Face Value 2.00 ₹ DMA 50 3,743 ₹ DMA 200 3,845 ₹
Chg in FII Hold -2.11 % Chg in DII Hold 2.02 % PAT Qtr 382 Cr. PAT Prev Qtr 158 Cr.
RSI 41.0 MACD -42.8 Volume 3,36,538 Avg Vol 1Wk 5,95,734
Low price 3,182 ₹ High price 4,740 ₹ PEG Ratio 7.29 Debt to equity 0.02
52w Index 28.3 % Qtr Profit Var 46.1 % EPS 71.7 ₹ Industry PE 22.4

📈 Optimal Buy Price: 3,600–3,630 ₹ (near current support zone)

💰 Profit Exit Levels: 3,680–3,720 ₹ (short-term resistance)

🛑 Stop-Loss: Below 3,580 ₹ (protect downside risk)

🔄 Intraday Exit Guidance: If RSI (41.0) fails to recover above 45 or price action struggles near 3,700 ₹ with weakening volume, consider booking profits. Exit intraday if MACD remains negative and momentum fails to sustain above 3,650 ₹.

Positive

  • Quarterly PAT surged to 382 Cr. vs 158 Cr. previous quarter (+46.1%)
  • EPS at 71.7 ₹ supports valuation strength
  • ROCE (23.2%) and ROE (17.5%) indicate strong profitability
  • DII holdings increased (+2.02%), showing domestic institutional support
  • Low debt-to-equity (0.02) provides financial stability

Limitation

  • RSI at 41.0 reflects weak momentum
  • MACD negative (-42.8) indicates bearish trend
  • Price below DMA50 (3,743 ₹) and DMA200 (3,845 ₹), signaling short-term weakness
  • FII holdings declined (-2.11%), showing reduced foreign confidence
  • High P/E (50.5) compared to industry average (22.4)
  • PEG ratio elevated (7.29), limiting valuation attractiveness

Company Negative News

  • No fresh negatives reported, but weak technical momentum and high valuation multiples raise caution

Company Positive News

  • Strong quarterly profit growth and improved earnings
  • Domestic institutional support (DII stake increase)
  • Financial stability with negligible debt

Industry

  • Plastics & industrial products sector PE at 22.4, Supreme Industries trades at premium (50.5), reflecting growth optimism but stretched valuations
  • Sector outlook stable with demand in infrastructure and housing

Conclusion

📌 SUPREMEIND is a cautious intraday candidate today. Buy near 3,600–3,630 ₹ with stop-loss at 3,580 ₹. Exit around 3,680–3,720 ₹ if momentum sustains. If RSI fails to recover or MACD stays negative, book profits early and avoid aggressive positions.

Would you like me to extend this into a swing trade version (1–2 weeks) with peer benchmarking against Astral, Finolex, and Prince Pipes to align intraday setups with sector positioning?

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