MANAPPURAM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | MANAPPURAM | Market Cap | 27,843 Cr. | Current Price | 329 ₹ | High / Low | 334 ₹ |
| Stock P/E | 18.3 | Book Value | 188 ₹ | Dividend Yield | 1.06 % | ROCE | 9.53 % |
| ROE | 11.0 % | Face Value | 2.00 ₹ | DMA 50 | 297 ₹ | DMA 200 | 280 ₹ |
| Chg in FII Hold | -5.55 % | Chg in DII Hold | 1.81 % | PAT Qtr | 376 Cr. | PAT Prev Qtr | 381 Cr. |
| RSI | 68.8 | MACD | 11.4 | Volume | 17,21,878 | Avg Vol 1Wk | 40,32,974 |
| Low price | 231 ₹ | High price | 334 ₹ | PEG Ratio | 2.85 | Debt to equity | 3.21 |
| 52w Index | 95.0 % | Qtr Profit Var | -9.37 % | EPS | 18.0 ₹ | Industry PE | 20.3 |
📊 Analysis:
Manappuram Finance (MANAPPURAM) is trading at ₹329, close to its 52-week high (₹334). RSI at 68.8 indicates strong momentum but nearing overbought territory. MACD at 11.4 confirms bullish bias. Price is well above both 50 DMA (₹297) and 200 DMA (₹280), showing strong technical strength. However, volume (17.2 lakh) is significantly below the weekly average (40.3 lakh), limiting intraday momentum. Valuations are fair (P/E 18.3 vs industry 20.3), but high leverage (Debt-to-equity 3.21) and sequential profit decline (-9.37%) add caution. Suitable for tactical intraday trades with strict discipline.
💡 Optimal Buy Zone:
₹326–₹330 if price sustains above VWAP and intraday support.
🎯 Exit Levels:
- Profit-taking: ₹338–₹342 (near resistance/52-week high zone).
- Stop-loss: ₹320–₹322 (below intraday support).
⏱️ Intraday Exit Strategy:
If already holding, consider exiting when
- RSI dips below 66 intraday.
- Price fails to hold above ₹326 support.
- Volume remains weak (<20 lakh) with stagnating price action.
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### ✅ Positive
- EPS at ₹18 reflects earnings strength.
- ROE (11%) and ROCE (9.53%) show moderate efficiency.
- DII holdings increased (+1.81%), showing domestic support.
- Trading well above DMA 50 and DMA 200, confirming technical strength.
### ⚠️ Limitation
- High debt-to-equity ratio (3.21), leverage risk.
- Sequential PAT decline (₹381 Cr. → ₹376 Cr.).
- Intraday volume below weekly average.
- PEG ratio at 2.85, showing stretched valuation relative to growth.
### 📉 Company Negative News
- FII holdings decreased sharply (-5.55%).
- Profit contraction adds caution for momentum trades.
### 📈 Company Positive News
- Stock trading near 52-week high (₹334), showing resilience.
- Technical breakout above DMA levels.
- DII accumulation supports confidence.
### 🏭 Industry
- NBFC sector average P/E at 20.3, Manappuram trades at a discount (P/E 18.3).
- Sector outlook supported by rural credit demand, though leverage risks remain high.
### 📌 Conclusion
Manappuram Finance is a moderate intraday candidate with valuation comfort and technical strength but leverage risk. Best suited for cautious trades near ₹326–₹330 with exits around ₹338–₹342. Maintain strict stop-loss discipline below ₹322 to protect against intraday reversals.
This positions MANAPPURAM as a momentum-driven intraday trade with valuation comfort but leverage risk. Would you like me to extend this into a swing trade setup with medium-term entry/exit zones and sector overlays?