TIMKEN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | TIMKEN | Market Cap | 24,439 Cr. | Current Price | 3,251 ₹ | High / Low | 3,576 ₹ |
| Stock P/E | 53.7 | Book Value | 368 ₹ | Dividend Yield | 1.11 % | ROCE | 20.9 % |
| ROE | 17.0 % | Face Value | 10.0 ₹ | DMA 50 | 3,043 ₹ | DMA 200 | 3,060 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.43 % | PAT Qtr | 89.5 Cr. | PAT Prev Qtr | 104 Cr. |
| RSI | 68.8 | MACD | 25.7 | Volume | 34,507 | Avg Vol 1Wk | 85,254 |
| Low price | 2,200 ₹ | High price | 3,576 ₹ | PEG Ratio | 4.94 | Debt to equity | 0.01 |
| 52w Index | 76.4 % | Qtr Profit Var | -0.53 % | EPS | 60.5 ₹ | Industry PE | 54.0 |
📊 Analysis: TIMKEN shows moderate strength for intraday trading. Current price (₹3,251) is above both 50 DMA (₹3,043) and 200 DMA (₹3,060), reflecting bullish momentum. RSI at 68.8 is close to overbought territory, suggesting caution, while MACD (25.7) indicates strong positive momentum. Volume (34.5K vs avg 85.2K) is significantly lower, limiting intraday participation. Valuation remains high with P/E at 53.7, in line with industry PE (54.0), but fundamentals are solid.
💰 Optimal Buy Price: ₹3,240–3,250 if price sustains above support.
📈 Profit-Taking Levels: First exit near ₹3,280, extended target ₹3,310.
📉 Stop-Loss: ₹3,220 to protect against downside risk.
⏱️ If Already Holding: Exit intraday if price fails to hold above ₹3,240 or momentum weakens near resistance zones (₹3,280–3,310). Watch RSI crossing above 70 (overbought) or volume drying up as exit signals.
Positive
- EPS at ₹60.5 reflects strong profitability.
- ROCE (20.9%) and ROE (17.0%) highlight operational efficiency.
- Low debt-to-equity (0.01) ensures financial stability.
- Price trading above both 50 DMA and 200 DMA signals bullish trend.
Limitation
- High PEG ratio (4.94) suggests expensive valuation relative to growth.
- Volume significantly below average, limiting intraday momentum.
- Quarterly PAT declined (₹89.5 Cr vs ₹104 Cr), showing earnings pressure.
- RSI near overbought levels increases risk of short-term correction.
Company Negative News
- Decline in quarterly PAT indicates slowing profitability.
- FII holdings decreased (-0.45%), showing reduced foreign investor confidence.
Company Positive News
- DII holdings increased (+0.43%), reflecting domestic institutional support.
- Stock trading near 52-week high (₹3,576) shows strong investor sentiment.
Industry
- Industry PE at 54.0 is in line with TIMKEN’s valuation, suggesting fair pricing relative to peers.
- Engineering and industrial sector remains resilient with steady demand outlook.
Conclusion
⚖️ TIMKEN is a moderately strong candidate for intraday trading. Entry near ₹3,240–3,250 with exit around ₹3,280–3,310 offers a favorable risk-reward setup. Traders should remain cautious due to overbought RSI and low volume, but strong fundamentals and bullish technicals provide short-term upside potential.