M&M - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | M&M | Market Cap | 4,38,698 Cr. | Current Price | 3,528 ₹ | High / Low | 3,840 ₹ |
| Stock P/E | 31.3 | Book Value | 535 ₹ | Dividend Yield | 0.72 % | ROCE | 27.0 % |
| ROE | 20.8 % | Face Value | 5.00 ₹ | DMA 50 | 3,590 ₹ | DMA 200 | 3,394 ₹ |
| Chg in FII Hold | -0.55 % | Chg in DII Hold | 0.44 % | PAT Qtr | 4,521 Cr. | PAT Prev Qtr | 3,564 Cr. |
| RSI | 47.2 | MACD | -61.8 | Volume | 56,84,609 | Avg Vol 1Wk | 44,39,428 |
| Low price | 2,360 ₹ | High price | 3,840 ₹ | PEG Ratio | 0.91 | Debt to equity | 0.02 |
| 52w Index | 78.9 % | Qtr Profit Var | 17.7 % | EPS | 108 ₹ | Industry PE | 31.8 |
📊 Analysis: M&M is trading at 3,528 ₹, below its 50 DMA (3,590 ₹) but above the 200 DMA (3,394 ₹), showing short-term weakness but medium-term strength. RSI at 47.2 indicates neutral-to-weak momentum, while MACD (-61.8) reflects bearish sentiment. Intraday volume (56.8 lakh) is higher than the weekly average (44.4 lakh), suggesting strong participation. Fundamentals remain robust with ROE 20.8%, ROCE 27.0%, and EPS at 108 ₹, making it a favorable candidate for intraday trading despite near-term technical caution.
💰 Optimal Buy Price (Intraday): 3,515–3,530 ₹ (near support zone).
📈 Profit-Taking Levels: 3,560 ₹ (first resistance), 3,590 ₹ (secondary resistance).
⚠️ Stop-Loss / Loss Protection: 3,495 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 3,560 ₹ with volume confirmation or if RSI dips below 45 intraday. Hold for extended gains only if momentum sustains above 3,590 ₹ with strong volume recovery.
Positive
- 📈 Strong fundamentals: ROE 20.8%, ROCE 27.0%.
- 📊 EPS at 108 ₹ supports valuation strength.
- 📉 Debt-to-equity at 0.02, almost debt-free.
- 📈 Quarterly PAT growth (4,521 Cr. vs 3,564 Cr., +17.7%).
- 📊 DII holdings increased (+0.44%).
Limitation
- ⚠️ Current price below 50 DMA, showing short-term weakness.
- 📉 MACD (-61.8) indicates bearish momentum.
- 📊 RSI near neutral, not yet showing strong reversal signals.
Company Negative News
- 📉 FII holdings decreased (-0.55%).
- ⚠️ Stock trading below recent high (3,840 ₹).
Company Positive News
- 📈 PAT growth of 17.7% quarter-on-quarter.
- 📊 EPS strength and dividend yield (0.72%) add investor confidence.
Industry
- 🚗 Auto sector PE at 31.8, M&M trades in line (31.3).
- 📈 Sector supported by strong demand in SUVs, tractors, and EV expansion.
Conclusion
⚖️ M&M is a strong intraday candidate. Buy near 3,515–3,530 ₹ with stop-loss at 3,495 ₹. Profit booking can be considered at 3,560–3,590 ₹. Momentum indicators suggest caution, but strong fundamentals and high intraday volume support trading opportunities. Traders should rely on volume confirmation before holding beyond 3,590 ₹.
Would you like me to also prepare a peer benchmarking overlay comparing M&M with Tata Motors, Ashok Leyland, and Maruti Suzuki to highlight relative intraday strength in the auto sector?