WAAREEENER - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | WAAREEENER | Market Cap | 91,644 Cr. | Current Price | 3,185 ₹ | High / Low | 3,865 ₹ |
| Stock P/E | 25.3 | Book Value | 391 ₹ | Dividend Yield | 0.06 % | ROCE | 34.0 % |
| ROE | 26.3 % | Face Value | 10.0 ₹ | DMA 50 | 2,855 ₹ | DMA 200 | 2,943 ₹ |
| Chg in FII Hold | 0.56 % | Chg in DII Hold | 0.04 % | PAT Qtr | 1,226 Cr. | PAT Prev Qtr | 1,160 Cr. |
| RSI | 69.3 | MACD | 1.03 | Volume | 81,33,270 | Avg Vol 1Wk | 37,90,041 |
| Low price | 1,809 ₹ | High price | 3,865 ₹ | PEG Ratio | 0.13 | Debt to equity | 0.19 |
| 52w Index | 66.9 % | Qtr Profit Var | 160 % | EPS | 119 ₹ | Industry PE | 23.3 |
📊 Analysis: WAAREEENER shows strong intraday potential. Current price (₹3,185) is above both DMA50 (₹2,855) and DMA200 (₹2,943), reflecting bullish momentum. RSI at 69.3 indicates the stock is approaching overbought territory, while MACD (1.03) confirms positive momentum. Volume today (81.3L) is more than double the 1-week average (37.9L), suggesting strong intraday participation. Fundamentals are robust with high ROCE (34.0%), ROE (26.3%), and strong EPS (₹119). Valuation is fair at P/E 25.3 vs industry 23.3, supported by a very low PEG ratio (0.13).
💡 Optimal Buy Price: ₹3,160–₹3,180 if price consolidates near support.
🎯 Profit Exit Levels: ₹3,240 (first target), ₹3,300 (second target).
🛡️ Stop-Loss: ₹3,120 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹3,240 if momentum weakens. If price fails to hold above ₹3,160 with declining volume, exit early to avoid intraday losses.
✅ Positive
- Strong ROCE (34.0%) and ROE (26.3%) highlight excellent capital efficiency.
- EPS (₹119) supports strong earnings visibility.
- Quarterly PAT growth (₹1,160 Cr. → ₹1,226 Cr.) shows consistent profitability.
- 52-week index gain of 66.9% reflects strong sectoral momentum.
⚠️ Limitation
- RSI (69.3) indicates near overbought levels, raising risk of short-term pullback.
- Dividend yield (0.06%) is negligible for income-focused investors.
- Debt-to-equity (0.19) is manageable but higher than ultra-low peers.
📉 Company Negative News
- Risk of profit-taking due to overbought RSI levels.
📈 Company Positive News
- FII holding increased (+0.56%), showing foreign investor confidence.
- DII holding increased (+0.04%), reflecting domestic support.
- Quarterly profit variation (+160%) highlights strong earnings momentum.
🏭 Industry
- Industry P/E at 23.3 is close to company’s 25.3, suggesting fair valuation.
- Sector shows strong growth outlook, supported by renewable energy demand.
🔎 Conclusion
WAAREEENER is a fundamentally strong and technically bullish candidate for intraday trading. High volume and positive MACD support momentum, though RSI near overbought levels requires caution. Suitable for entries near support with strict stop-loss discipline. Momentum traders can target ₹3,240–₹3,300 for intraday gains while monitoring for potential profit-taking.
Would you like me to extend this into a peer benchmarking overlay for WAAREEENER against other renewable energy sector stocks, so you can compare relative intraday strength and compounding potential?