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SYNGENE - IntraDay Trade Analysis with Live Signals

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Rating: 4.1

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

IntraDay Trade Rating: 4.1

Stock Code SYNGENE Market Cap 18,843 Cr. Current Price 468 ₹ High / Low 729 ₹
Stock P/E 52.1 Book Value 117 ₹ Dividend Yield 0.27 % ROCE 10.0 %
ROE 7.74 % Face Value 10.0 ₹ DMA 50 440 ₹ DMA 200 552 ₹
Chg in FII Hold -1.05 % Chg in DII Hold 0.61 % PAT Qtr 154 Cr. PAT Prev Qtr 68.7 Cr.
RSI 65.4 MACD 7.54 Volume 6,33,89,388 Avg Vol 1Wk 1,66,63,242
Low price 380 ₹ High price 729 ₹ PEG Ratio -6.19 Debt to equity 0.04
52w Index 25.1 % Qtr Profit Var -11.8 % EPS 7.57 ₹ Industry PE 39.6

📈 Optimal Buy Price: 460–470 ₹ (near DMA50 support)

💰 Profit Exit Levels: 485–495 ₹ (short-term resistance zone)

🛑 Stop-Loss: Below 455 ₹ (protect downside risk)

🔄 Intraday Exit Guidance: If RSI (65.4) fails to sustain above 65 or price action struggles near 485 ₹ with weakening volume, consider booking profits. Exit intraday if MACD momentum fades or volume drops below average despite price holding above 465 ₹.

Positive

  • Quarterly PAT improved significantly (154 Cr. vs 68.7 Cr.)
  • EPS at 7.57 ₹ supports valuation strength
  • DII holdings increased (+0.61%), showing domestic institutional support
  • Price trading above DMA50 (440 ₹), confirming near-term strength
  • Low debt-to-equity (0.04) ensures financial stability

Limitation

  • Price below DMA200 (552 ₹), signaling medium-term weakness
  • PEG ratio negative (-6.19), limiting valuation attractiveness
  • FII holdings declined (-1.05%), showing reduced foreign confidence
  • ROE (7.74%) and ROCE (10.0%) remain modest compared to peers
  • Quarterly profit variation (-11.8%) raises caution

Company Negative News

  • Sequential profit decline (-11.8%) despite recent recovery
  • Weak return ratios compared to industry benchmarks

Company Positive News

  • Strong quarterly PAT recovery
  • Domestic institutional support (DII inflows)
  • Technical support from DMA50 and strong trading volume

Industry

  • Biopharma sector PE at 39.6, SynGene trades at premium (52.1), reflecting growth optimism
  • Sector outlook stable with demand in contract research and biotech services

Conclusion

📌 SYNGENE is a moderately strong intraday candidate today. Buy near 460–470 ₹ with stop-loss at 455 ₹. Exit around 485–495 ₹ if momentum sustains. If RSI fails to hold above 65 or volume weakens, book profits early to protect gains.

Would you like me to also prepare a swing trade overlay (1–2 weeks) with peer benchmarking against Biocon, Divi’s Lab, and Laurus Labs to align intraday setups with sector positioning?

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