MANAPPURAM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | MANAPPURAM | Market Cap | 24,592 Cr. | Current Price | 291 ₹ | High / Low | 322 ₹ |
| Stock P/E | 15.7 | Book Value | 147 ₹ | Dividend Yield | 1.20 % | ROCE | 13.1 % |
| ROE | 16.0 % | Face Value | 2.00 ₹ | DMA 50 | 293 ₹ | DMA 200 | 270 ₹ |
| Chg in FII Hold | -1.38 % | Chg in DII Hold | 1.98 % | PAT Qtr | 381 Cr. | PAT Prev Qtr | 376 Cr. |
| RSI | 48.0 | MACD | -3.81 | Volume | 59,51,432 | Avg Vol 1Wk | 79,99,207 |
| Low price | 169 ₹ | High price | 322 ₹ | PEG Ratio | 1.47 | Debt to equity | 2.51 |
| 52w Index | 80.0 % | Qtr Profit Var | -15.9 % | EPS | 18.5 ₹ | Industry PE | 19.4 |
📊 Analysis: Manappuram Finance is trading at 291 ₹, slightly below its 50 DMA (293 ₹) but above the 200 DMA (270 ₹), showing short-term weakness but medium-term support. RSI at 48.0 indicates neutral momentum, while MACD (-3.81) reflects mild bearishness. Intraday volume (59.5 lakh) is lower than the weekly average (80 lakh), suggesting reduced participation. Fundamentals are stable with ROE 16.0%, ROCE 13.1%, and EPS at 18.5 ₹, but high debt-to-equity (2.51) and declining profit variation (-15.9%) limit upside.
💰 Optimal Buy Price (Intraday): 288–291 ₹ (near support zone).
📈 Profit-Taking Levels: 298 ₹ (first resistance), 305 ₹ (secondary resistance).
⚠️ Stop-Loss / Loss Protection: 283 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 298 ₹ with volume confirmation or if RSI dips below 46 intraday. Hold for extended gains only if momentum sustains above 305 ₹ with strong volume recovery.
Positive
- 📈 EPS at 18.5 ₹ supports valuation strength.
- 📊 PAT growth stable (381 Cr. vs 376 Cr.).
- 📉 Dividend yield at 1.20% adds investor confidence.
- 📈 DII holdings increased (+1.98%).
Limitation
- ⚠️ Current price below 50 DMA, showing short-term weakness.
- 📉 MACD (-3.81) indicates mild bearish momentum.
- 📊 Intraday volume weaker than weekly average.
- 📉 High debt-to-equity ratio (2.51) increases financial risk.
Company Negative News
- 📉 FII holdings decreased (-1.38%).
- ⚠️ Quarterly profit variation (-15.9%) shows declining momentum.
Company Positive News
- 📈 EPS strength and dividend yield provide investor support.
- 📊 DII accumulation (+1.98%) adds stability.
Industry
- 🏦 NBFC sector PE at 19.4, Manappuram trades at a discount (15.7).
- 📈 Sector supported by rural credit demand and gold loan financing.
Conclusion
⚖️ Manappuram Finance is a moderate intraday candidate. Buy near 288–291 ₹ with stop-loss at 283 ₹. Profit booking can be considered at 298–305 ₹. Momentum indicators suggest caution, as volume is lower than average and MACD remains slightly bearish. Traders should rely on volume confirmation before holding beyond 305 ₹.
Would you like me to also prepare a peer benchmarking overlay comparing Manappuram with Muthoot Finance, Bajaj Finance, and Shriram Finance to highlight relative intraday strength in the NBFC space?