TRIVENI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | TRIVENI | Market Cap | 8,205 Cr. | Current Price | 374 ₹ | High / Low | 468 ₹ |
| Stock P/E | 25.9 | Book Value | 141 ₹ | Dividend Yield | 0.66 % | ROCE | 9.01 % |
| ROE | 8.32 % | Face Value | 1.00 ₹ | DMA 50 | 360 ₹ | DMA 200 | 368 ₹ |
| Chg in FII Hold | 1.26 % | Chg in DII Hold | 0.16 % | PAT Qtr | 109 Cr. | PAT Prev Qtr | 31.9 Cr. |
| RSI | 58.5 | MACD | 1.46 | Volume | 1,68,428 | Avg Vol 1Wk | 3,45,516 |
| Low price | 305 ₹ | High price | 468 ₹ | PEG Ratio | -1.88 | Debt to equity | 0.17 |
| 52w Index | 42.4 % | Qtr Profit Var | 92.0 % | EPS | 13.7 ₹ | Industry PE | 11.1 |
📊 Analysis: TRIVENI shows decent potential for intraday trading. Current price (₹374) is above both 50 DMA (₹360) and 200 DMA (₹368), reflecting short-term strength. RSI at 58.5 is moderately strong but not overbought, while MACD (1.46) indicates mild bullish momentum. Volume (1.68L vs avg 3.45L) is lower than average, suggesting limited participation. Fundamentals are fair with EPS at ₹13.7 and PAT growth of 92%, though ROCE (9.01%) and ROE (8.32%) remain modest compared to peers.
💰 Optimal Buy Price: ₹370–375 if price sustains above support.
📈 Profit-Taking Levels: First exit near ₹385, extended target ₹395.
📉 Stop-Loss: ₹365 to protect against downside risk.
⏱️ If Already Holding: Exit intraday if price fails to hold above ₹370 or momentum weakens near resistance zones (₹385–395). Watch RSI crossing below 55 or volume tapering off as exit signals.
Positive
- EPS at ₹13.7 reflects profitability.
- Quarterly PAT surged (₹109 Cr vs ₹31.9 Cr), showing strong earnings growth.
- Price trading above both 50 DMA and 200 DMA signals bullish trend.
- FII (+1.26%) and DII (+0.16%) holdings increased, showing institutional confidence.
Limitation
- ROCE (9.01%) and ROE (8.32%) are relatively weak compared to peers.
- Volume significantly below average, limiting intraday strength.
- PEG ratio (-1.88) suggests poor growth relative to valuation.
Company Negative News
- Operational efficiency remains modest despite profit growth.
Company Positive News
- Quarterly profit growth of 92% highlights strong performance.
- Institutional inflows (FII and DII) reflect investor confidence.
Industry
- Industry PE at 11.1 is lower than TRIVENI’s PE (25.9), suggesting premium valuation.
- Engineering and industrial sector remains resilient with steady demand outlook.
Conclusion
⚖️ TRIVENI is a moderately strong candidate for intraday trading. Entry near ₹370–375 with exit around ₹385–395 offers a favorable short-term opportunity. Traders should remain cautious due to low volume and modest efficiency metrics, but strong profit growth and institutional support provide momentum-driven upside.