3MINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | 3MINDIA | Market Cap | 39,845 Cr. | Current Price | 35,350 ₹ | High / Low | 37,385 ₹ |
| Stock P/E | 71.9 | Book Value | 1,430 ₹ | Dividend Yield | 0.46 % | ROCE | 38.2 % |
| ROE | 23.8 % | Face Value | 10.0 ₹ | DMA 50 | 34,389 ₹ | DMA 200 | 32,420 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.27 % | PAT Qtr | 191 Cr. | PAT Prev Qtr | 178 Cr. |
| RSI | 60.1 | MACD | 12.9 | Volume | 5,274 | Avg Vol 1Wk | 3,483 |
| Low price | 25,714 ₹ | High price | 37,385 ₹ | PEG Ratio | 3.33 | Debt to equity | 0.06 |
| 52w Index | 82.6 % | Qtr Profit Var | 43.0 % | EPS | 492 ₹ | Industry PE | 22.9 |
📊 Analysis: 3MINDIA shows strong fundamentals and decent intraday potential. Current price (₹35,350) is above both 50 DMA (₹34,389) and 200 DMA (₹32,420), confirming bullish medium-term trend. RSI at 60.1 indicates mild bullish momentum, while MACD positive (12.9) supports upward bias. Volume (5,274) is above weekly average (3,483), suggesting active participation. However, high P/E (71.9 vs industry 22.9) limits valuation comfort for aggressive traders.
💰 Optimal Buy Price: ₹35,200–₹35,300 (near intraday support).
📈 Profit-Taking Exit Levels: ₹35,800–₹36,200 (short-term resistance zone).
📉 Stop-Loss / Loss Protection: ₹34,900 (below 50 DMA support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹35,500 with weakening RSI or declining volume. If momentum continues with strong volume, hold until ₹36,200 resistance zone.
✅ Positive
- Trading above 50 DMA and 200 DMA, confirming bullish trend.
- Strong ROCE (38.2%) and ROE (23.8%) indicate efficient capital use.
- Low debt-to-equity (0.06) shows financial stability.
- Quarterly profit growth (+43%) supports earnings momentum.
⚠️ Limitation
- High P/E (71.9) compared to industry average (22.9), suggesting overvaluation.
- Dividend yield (0.46%) is relatively low.
- PEG ratio (3.33) indicates expensive growth valuation.
📉 Company Negative News
- Valuation stretched compared to peers, limiting upside for long-term investors.
📈 Company Positive News
- Quarterly PAT improved (₹191 Cr vs ₹178 Cr previous).
- FII (+0.07%) and DII (+0.27%) holdings increased, showing institutional confidence.
- Stock trading near 52-week high zone (82.6% of range).
🏭 Industry
- Industry PE is 22.9, much lower than company PE, highlighting premium valuation.
- Sector stable with consistent demand, but company trades at a premium.
🔎 Conclusion
3MINDIA is a good intraday candidate with strong momentum, positive MACD, and rising institutional interest. Optimal buy near ₹35,200–₹35,300 with exits around ₹35,800–₹36,200. Risk lies in high valuation, so trades should be short-term and momentum-driven rather than positional.