SYRMA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | SYRMA | Market Cap | 20,356 Cr. | Current Price | 1,055 ₹ | High / Low | 1,188 ₹ |
| Stock P/E | 68.8 | Book Value | 154 ₹ | Dividend Yield | 0.14 % | ROCE | 15.8 % |
| ROE | 13.3 % | Face Value | 10.0 ₹ | DMA 50 | 954 ₹ | DMA 200 | 813 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | 0.70 % | PAT Qtr | 81.4 Cr. | PAT Prev Qtr | 95.4 Cr. |
| RSI | 60.5 | MACD | 28.3 | Volume | 5,72,708 | Avg Vol 1Wk | 10,64,907 |
| Low price | 499 ₹ | High price | 1,188 ₹ | PEG Ratio | 0.91 | Debt to equity | 0.09 |
| 52w Index | 80.7 % | Qtr Profit Var | 33.8 % | EPS | 15.2 ₹ | Industry PE | 31.8 |
📊 SYRMA shows good momentum for intraday trading today. RSI at 60.5 indicates bullish strength without being overbought. MACD is strongly positive (28.3), confirming upward momentum. Current price (1,055 ₹) is above both 50 DMA (954 ₹) and 200 DMA (813 ₹), reflecting strong technical support. However, volume (5.7 lakh) is lower than the weekly average, reducing conviction in price moves.
- 💰 Optimal Buy Price: Around 1,045 ₹ – 1,060 ₹ (near breakout zone)
- 📈 Profit-Taking Levels: 1,085 ₹ – 1,110 ₹
- 📉 Stop-Loss Protection: 1,020 ₹
⏳ If already holding SYRMA today, consider exiting intraday positions if price fails to sustain above 1,060 ₹ with strong volume. A break below 1,020 ₹ should trigger an exit to protect capital.
Positive ✅
- Strong ROCE at 15.8% and ROE at 13.3%
- Stock trading above both 50 DMA and 200 DMA
- EPS at 15.2 ₹ supports valuation
- Low debt-to-equity ratio of 0.09
- Institutional inflows (FII +0.13%, DII +0.70%)
Limitation ⚠️
- High P/E of 68.8 compared to industry average (31.8)
- Volume lower than weekly average
- Dividend yield at 0.14% is very low
- Quarterly PAT declined from 95.4 Cr. to 81.4 Cr.
Company Negative News ❌
- Quarterly profit variation at 33.8% shows earnings volatility
- Valuation concerns with high P/E
Company Positive News 🌟
- Strong efficiency metrics with ROCE and ROE
- Institutional confidence with FII and DII inflows
Industry 📡
- Industry PE at 31.8 vs SYRMA PE at 68.8 – stock trades at premium
- Electronics manufacturing sector supported by demand in automation and industrial growth
Conclusion 📌
SYRMA is a good intraday candidate today with bullish momentum, strong technical support, and institutional inflows. Traders can look for quick gains with tight stop-losses. Caution is advised due to high valuation and declining quarterly profits.
Would you like me to extend this into a swing trade analysis with peer benchmarking against Dixon, Amber, and Kaynes Tech?