SYRMA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | SYRMA | Market Cap | 15,153 Cr. | Current Price | 785 ₹ | High / Low | 910 ₹ |
| Stock P/E | 61.4 | Book Value | 145 ₹ | Dividend Yield | 0.19 % | ROCE | 6.34 % |
| ROE | 4.54 % | Face Value | 10.0 ₹ | DMA 50 | 781 ₹ | DMA 200 | 730 ₹ |
| Chg in FII Hold | -0.55 % | Chg in DII Hold | -0.49 % | PAT Qtr | 95.4 Cr. | PAT Prev Qtr | 65.4 Cr. |
| RSI | 50.9 | MACD | -13.9 | Volume | 21,99,727 | Avg Vol 1Wk | 15,33,417 |
| Low price | 355 ₹ | High price | 910 ₹ | PEG Ratio | 2.05 | Debt to equity | 0.10 |
| 52w Index | 77.4 % | Qtr Profit Var | 83.3 % | EPS | 13.1 ₹ | Industry PE | 28.0 |
🔎 Analysis: SYRMA is trading at ₹785, slightly above its 50 DMA (₹781) and well above its 200 DMA (₹730), showing medium-term support. RSI at 50.9 is neutral, while MACD (-13.9) signals bearish momentum. Volume is higher than the 1-week average, suggesting active participation. Intraday trade is possible but requires strict risk management due to weak momentum indicators.
💰 Optimal Buy Price: ₹780–₹790 if price sustains above 50 DMA support.
📈 Profit Exit Levels: ₹805 (first target), ₹825 (second target near resistance).
📉 Stop-Loss: ₹770 to protect against downside risk.
⏱️ If Already Holding: Exit near ₹805 if momentum slows. Trail stop-loss below ₹780. Exit immediately if price breaks ₹770 with strong volume.
✅ Positive
- Quarterly PAT improved (₹95.4 Cr vs ₹65.4 Cr, +83.3%).
- EPS at ₹13.1 supports valuation strength.
- Low debt-to-equity ratio (0.10) shows financial stability.
- Stock trading above 200 DMA indicates medium-term support.
⚠️ Limitation
- Stock P/E (61.4) is much higher than industry average (28.0), making it expensive.
- ROCE (6.34%) and ROE (4.54%) are weak, showing limited efficiency.
- PEG ratio (2.05) suggests overvaluation relative to growth.
- MACD remains negative, limiting intraday momentum.
📉 Company Negative News
- FII holdings decreased (-0.55%), showing reduced foreign confidence.
- DII holdings decreased (-0.49%), reflecting weaker domestic sentiment.
📊 Company Positive News
- Strong quarterly profit growth (+83.3%).
- Low debt-to-equity ratio enhances financial stability.
🏭 Industry
- Electronics manufacturing sector average P/E is 28.0, lower than SYRMA’s 61.4.
- Sector growth remains tied to demand for electronics, exports, and industrial automation.
📝 Conclusion
SYRMA shows medium-term support with strong quarterly profit growth, but weak ROCE/ROE and high valuations limit upside. Intraday traders can consider entry near ₹780–₹790 with strict stop-loss at ₹770. Profit-taking should be quick at ₹805–₹825. Momentum remains fragile, so cautious trading is advised.
Would you like me to extend this into a peer benchmarking overlay with Dixon Technologies, Amber Enterprises, and Kaynes Technology? That way, you’ll see whether SYRMA’s intraday setup aligns with broader electronics manufacturing sector momentum.