TRIVENI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | TRIVENI | Market Cap | 7,395 Cr. | Current Price | 338 ₹ | High / Low | 468 ₹ |
| Stock P/E | 23.4 | Book Value | 141 ₹ | Dividend Yield | 0.74 % | ROCE | 9.01 % |
| ROE | 8.32 % | Face Value | 1.00 ₹ | DMA 50 | 370 ₹ | DMA 200 | 371 ₹ |
| Chg in FII Hold | 1.26 % | Chg in DII Hold | 0.16 % | PAT Qtr | 109 Cr. | PAT Prev Qtr | 31.9 Cr. |
| RSI | 27.4 | MACD | -9.04 | Volume | 7,30,266 | Avg Vol 1Wk | 3,43,848 |
| Low price | 305 ₹ | High price | 468 ₹ | PEG Ratio | -1.69 | Debt to equity | 0.17 |
| 52w Index | 20.3 % | Qtr Profit Var | 92.0 % | EPS | 13.7 ₹ | Industry PE | 11.1 |
📊 Analysis: TRIVENI shows weak-to-moderate intraday potential today. RSI at 27.4 indicates oversold conditions, while MACD (-9.04) remains bearish. Volume (7.3 lakh) is higher than the 1-week average (3.4 lakh), suggesting strong participation. The stock is trading below both 50 DMA (370 ₹) and 200 DMA (371 ₹), reflecting short- and medium-term weakness despite sharp improvement in quarterly profits.
💹 Optimal Buy Price: 335–340 ₹ (near current support zone).
🎯 Profit-Taking Levels: 350 ₹ (first resistance), 365–370 ₹ (next resistance zone).
🛑 Stop-Loss: 325 ₹ (protective support).
📈 If Already Holding: Exit intraday if price fails to sustain above 335 ₹ with weakening momentum or volume. Protective exit below 325 ₹. Book partial profits near 350–370 ₹ if momentum sustains.
Positive
- EPS at 13.7 ₹, ROE 8.32%, ROCE 9.01% show profitability.
- Quarterly PAT surged (109 Cr. vs 31.9 Cr.), showing strong recovery.
- FII holdings increased (+1.26%) and DII holdings also rose (+0.16%).
- Debt-to-equity ratio at 0.17 indicates low leverage.
Limitation
- Stock trades below both 50 DMA and 200 DMA.
- RSI oversold, limiting bullish strength.
- MACD negative (-9.04), confirming bearish bias.
- ROCE and ROE remain relatively weak compared to peers.
Company Negative News
- PEG ratio (-1.69) indicates poor growth-adjusted valuation.
- Stock has fallen sharply from 52-week high of 468 ₹.
Company Positive News
- Quarterly profits surged by 92%, showing operational recovery.
- Institutional support increased, especially FII holdings.
- Book value at 141 ₹ provides asset backing.
Industry
- Industry PE at 11.1, while TRIVENI trades at 23.4, indicating premium valuation.
- Sector remains cyclical, with demand linked to sugar, ethanol, and engineering businesses.
Conclusion
⚖️ TRIVENI earns a weak-to-moderate intraday rating (3.5). Oversold RSI and bearish MACD limit upside, though strong quarterly profit growth and increased FII support are positives. Best strategy: Buy near 335–340 ₹, target 350–370 ₹, and protect downside at 325 ₹. Intraday traders should remain cautious and book profits quickly.
Selva, TRIVENI looks technically weak but fundamentally improving. Would you like me to prepare a basket overlay comparing TRIVENI with Balrampur Chini, Dwarikesh Sugar, and Shree Renuka Sugars to see if intraday capital rotation favors TRIVENI or stronger sugar/ethanol sector peers?