MANAPPURAM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | MANAPPURAM | Market Cap | 22,863 Cr. | Current Price | 270 ₹ | High / Low | 322 ₹ |
| Stock P/E | 14.6 | Book Value | 147 ₹ | Dividend Yield | 1.30 % | ROCE | 13.1 % |
| ROE | 16.0 % | Face Value | 2.00 ₹ | DMA 50 | 284 ₹ | DMA 200 | 274 ₹ |
| Chg in FII Hold | -1.38 % | Chg in DII Hold | 1.98 % | PAT Qtr | 381 Cr. | PAT Prev Qtr | 376 Cr. |
| RSI | 44.9 | MACD | -10.7 | Volume | 87,42,027 | Avg Vol 1Wk | 68,09,579 |
| Low price | 211 ₹ | High price | 322 ₹ | PEG Ratio | 1.37 | Debt to equity | 2.51 |
| 52w Index | 53.6 % | Qtr Profit Var | -15.9 % | EPS | 18.5 ₹ | Industry PE | 17.2 |
📊 Analysis: Manappuram shows mixed momentum for intraday trading today. RSI at 44.9 indicates neutral conditions, while MACD is negative (-10.7), suggesting short-term weakness. Current price (270 ₹) is below both 50 DMA (284 ₹) and 200 DMA (274 ₹), showing short-term and medium-term weakness. Volume is higher than the 1-week average, indicating strong participation, but price action reflects selling pressure rather than accumulation.
💡 Optimal Buy Price: Around 268–272 ₹ if intraday support holds.
🎯 Profit Exit Levels: 278 ₹ (first target), 285 ₹ (second target if momentum improves).
⚠️ Stop-Loss: 262 ₹ to protect against downside risk.
📌 If Already Holding: Consider exiting near 278–285 ₹ if momentum indicators remain weak. If price falls below 262 ₹ with volume confirmation, exit to avoid deeper losses.
✅ Positive
- Quarterly PAT growth (381 Cr. vs 376 Cr.).
- EPS at 18.5 ₹ supports earnings visibility.
- Dividend yield at 1.30% adds income stability.
- PEG ratio at 1.37 suggests fair valuation relative to growth.
- DII holdings increased (+1.98%), showing strong domestic support.
⚠️ Limitation
- Price trading below both 50 DMA and 200 DMA, showing weakness.
- RSI and MACD indicate bearish momentum.
- ROCE (13.1%) and ROE (16.0%) are modest compared to peers.
- Debt-to-equity ratio at 2.51, indicating high leverage risk.
📉 Company Negative News
- FII holdings decreased (-1.38%), showing reduced foreign confidence.
- Quarterly profit variation (-15.9%) indicates sequential weakness.
📈 Company Positive News
- DII holdings increased significantly (+1.98%), showing strong domestic investor confidence.
- Stable PAT despite sector challenges.
- Dividend yield provides investor appeal.
🏭 Industry
- NBFC sector trading at PE ~17.2, Manappuram is slightly undervalued with P/E of 14.6.
- Sector demand remains cyclical, influenced by interest rates, rural credit demand, and gold loan business trends.
🔎 Conclusion
Manappuram is a fair intraday candidate today with mixed signals. A cautious buy near 268–272 ₹ with targets at 278 ₹ and 285 ₹ offers opportunity, but traders should maintain a strict stop-loss at 262 ₹ due to weak momentum and high leverage risk. Better suited for swing trades if price sustains above 284 ₹ (50 DMA) with improving momentum.
Would you like me to prepare a peer benchmarking overlay with other NBFCs and gold loan companies (like Muthoot Finance, Bajaj Finance, Shriram Finance) so you can compare Manappuram’s intraday strength against sector leaders?