WELCORP - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | WELCORP | Market Cap | 33,416 Cr. | Current Price | 1,267 ₹ | High / Low | 1,290 ₹ |
| Stock P/E | 44.1 | Book Value | 180 ₹ | Dividend Yield | 0.39 % | ROCE | 18.2 % |
| ROE | 13.5 % | Face Value | 5.00 ₹ | DMA 50 | 962 ₹ | DMA 200 | 864 ₹ |
| Chg in FII Hold | -0.22 % | Chg in DII Hold | 0.94 % | PAT Qtr | 161 Cr. | PAT Prev Qtr | 231 Cr. |
| RSI | 90.0 | MACD | 107 | Volume | 12,02,652 | Avg Vol 1Wk | 16,08,527 |
| Low price | 706 ₹ | High price | 1,290 ₹ | PEG Ratio | 17.5 | Debt to equity | 0.21 |
| 52w Index | 96.0 % | Qtr Profit Var | 3.28 % | EPS | 47.4 ₹ | Industry PE | 22.1 |
📈 Optimal Buy Price: 1,260 ₹ – 1,270 ₹
🎯 Profit Exit Levels: 1,280 ₹ – 1,290 ₹
🛡️ Stop-Loss: 1,245 ₹
⏳ Intraday Exit Guidance:
If already holding, consider exiting if RSI dips below 88 with rising volume or if price fails to sustain above 1,267 ₹. Momentum exits are near 1,280–1,290 ₹; book profits if volume fades or MACD weakens intraday.
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Positive
✔️ Strong ROCE (18.2%) and ROE (13.5%)
✔️ EPS at 47.4 ₹ supports valuation stability
✔️ Price well above DMA 50 (962 ₹) and DMA 200 (864 ₹), confirming strong trend
✔️ RSI at 90 indicates strong bullish momentum
✔️ MACD very positive (107), showing powerful short-term strength
✔️ DII holdings increased (+0.94%), showing domestic institutional support
Limitation
⚠️ High P/E (44.1) vs industry average (22.1) indicates premium valuation
⚠️ PEG ratio 17.5 suggests expensive growth
⚠️ PAT declined (161 Cr. vs 231 Cr.), showing earnings pressure
⚠️ RSI in extreme overbought zone, risk of pullback
⚠️ Volume below weekly average, limiting intraday strength
Company Negative News
❌ Quarterly profit contraction (-30% approx.)
❌ FII holdings decreased (-0.22%), showing reduced foreign confidence
Company Positive News
✅ EPS remains strong at 47.4 ₹
✅ DII holdings increased, showing domestic support
✅ Price momentum supported by strong RSI and MACD
Industry
🏭 Industry PE at 22.1, moderately valued compared to company’s premium
📊 Steel and infrastructure sector remains resilient with demand tailwinds
📈 Peers trade at lower valuations, offering alternatives
Conclusion
WELCORP is a strong intraday candidate with bullish technicals and robust momentum. However, high valuation, earnings contraction, and extreme RSI levels limit upside potential. Best suited for disciplined intraday trades with tight stop-losses and profit booking near resistance levels.
Would you like me to also prepare a swing-trade HTML report with sector overlays and peer benchmarking so you can evaluate WELCORP’s medium-term positioning against other steel and infrastructure players?