3MINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.0
| Stock Code | 3MINDIA | Market Cap | 37,165 Cr. | Current Price | 32,980 ₹ | High / Low | 38,300 ₹ |
| Stock P/E | 113 | Book Value | 1,430 ₹ | Dividend Yield | 0.49 % | ROCE | 38.2 % |
| ROE | 23.8 % | Face Value | 10.0 ₹ | DMA 50 | 34,714 ₹ | DMA 200 | 33,136 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.27 % | PAT Qtr | -113 Cr. | PAT Prev Qtr | 191 Cr. |
| RSI | 38.4 | MACD | -714 | Volume | 7,832 | Avg Vol 1Wk | 7,324 |
| Low price | 26,800 ₹ | High price | 38,300 ₹ | PEG Ratio | 5.26 | Debt to equity | 0.06 |
| 52w Index | 53.7 % | Qtr Profit Var | -199 % | EPS | 336 ₹ | Industry PE | 23.4 |
📊 Analysis: 3MINDIA is showing weak intraday signals. RSI at 38.4 indicates oversold territory but no clear reversal. MACD (-714) reflects strong bearish momentum. Current price (₹32,980) is below both 50 DMA (₹34,714) and 200 DMA (₹33,136), signaling weakness. Volume is slightly above average but quarterly profit collapse (-199%) adds significant risk.
💰 Optimal Buy Price: Only consider entry near ₹32,500–₹32,700 if support holds.
📈 Profit Exit Levels: ₹33,500–₹34,000 (short-term resistance).
📉 Stop-Loss: ₹32,200 to protect against downside.
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹33,200 or if momentum indicators remain negative with declining volume. Watch for reversal signals before extending the position.
Positive
- Strong market cap of ₹37,165 Cr.
- Low debt-to-equity ratio (0.06).
- High ROCE (38.2%) and ROE (23.8%) indicate strong long-term fundamentals.
Limitation
- Extremely high P/E (113) compared to industry average (23.4).
- Current price below both 50 DMA and 200 DMA.
- Weak intraday momentum with RSI and MACD showing bearish signals.
Company Negative News
- Quarterly profit dropped from ₹191 Cr. to -₹113 Cr.
- Quarterly profit variation at -199% is alarming.
Company Positive News
- FII holding increased slightly (+0.07%).
- DII holding increased (+0.27%).
- EPS of ₹336 remains strong despite recent losses.
Industry
- Industry P/E is 23.4, far below the company’s valuation.
- Sector sentiment is cautious due to overvaluation and profit decline.
Conclusion
⚠️ 3MINDIA is not a strong intraday candidate today. Weak technical indicators, high valuation, and poor quarterly results suggest caution. Traders should only consider speculative entries near support with strict stop-losses. Conservative traders should avoid intraday exposure until momentum indicators improve.