VEDL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | VEDL | Market Cap | 2,68,976 Cr. | Current Price | 688 ₹ | High / Low | 770 ₹ |
| Stock P/E | 53.6 | Book Value | 189 ₹ | Dividend Yield | 6.32 % | ROCE | 18.5 % |
| ROE | 21.8 % | Face Value | 1.00 ₹ | DMA 50 | 618 ₹ | DMA 200 | 519 ₹ |
| Chg in FII Hold | 1.07 % | Chg in DII Hold | -0.94 % | PAT Qtr | 33.5 Cr. | PAT Prev Qtr | -449 Cr. |
| RSI | 57.6 | MACD | 23.8 | Volume | 1,40,02,400 | Avg Vol 1Wk | 3,60,08,042 |
| Low price | 362 ₹ | High price | 770 ₹ | PEG Ratio | -13.3 | Debt to equity | 0.71 |
| 52w Index | 79.8 % | Qtr Profit Var | 111 % | EPS | 31.3 ₹ | Industry PE | 33.5 |
📊 Analysis: VEDL is trading at ₹688, comfortably above both 50 DMA (₹618) and 200 DMA (₹519), showing strong technical momentum. RSI (57.6) is moderately bullish without being overbought, while MACD (23.8) confirms positive momentum. Intraday volume (1.40 Cr shares) is lower than the 1-week average (3.60 Cr), suggesting reduced participation but still healthy liquidity. Overall, the stock shows good potential for intraday trading today with bullish bias.
💡 Optimal Buy Price: ₹680–₹688 if price consolidates near support.
🎯 Profit-Taking Exit Levels: ₹705–₹720 (short-term resistance zone).
🛡️ Stop-Loss Protection: ₹670 (below recent support).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above ₹700 or if RSI dips below 55 with weakening volume. Quick profit booking is advisable near resistance zones given volatility.
✅ Positive
- Strong ROCE (18.5%) and ROE (21.8%) indicate efficient capital use.
- Dividend yield of 6.32% is highly attractive.
- Stock trading above both 50 DMA and 200 DMA, showing strong technical strength.
- Quarterly PAT turned positive (₹33.5 Cr vs -₹449 Cr), signaling recovery.
⚠️ Limitation
- High P/E (53.6) compared to industry average (33.5).
- Debt-to-equity ratio at 0.71, relatively high leverage.
- Intraday volume weaker than average, limiting sharp moves.
📉 Company Negative News
- DII holdings reduced (-0.94%).
- High leverage could pressure earnings in volatile commodity cycles.
📈 Company Positive News
- FII holdings increased (+1.07%).
- Quarterly profit improved significantly (+111% variation).
- EPS of ₹31.3 reflects strong earnings base.
🏭 Industry
- Industry PE is 33.5, lower than VEDL’s valuation, indicating premium pricing.
- Metals and mining sector remains cyclical but currently supported by global demand trends.
🔎 Conclusion
VEDL shows good potential for intraday trading today with bullish technicals and improving fundamentals. While valuations are stretched and debt levels are notable, strong momentum and recovery in profits make it suitable for cautious intraday trades. Traders may target quick gains near resistance zones with tight stop-losses to manage risk.