MANAPPURAM - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 4.0

📊 Analysis: Manappuram Finance is trading at ₹292, near its 52-week high (₹298), showing strong momentum. Price is above DMA 50 (₹280) and DMA 200 (₹259), confirming bullish undertone. RSI at 57.2 indicates healthy strength without being overbought, while MACD positive (1.67) supports upward momentum. Volume (44.9L) is significantly higher than 1-week average (28.8L), suggesting strong intraday participation. Fundamentals are decent with ROE 16.0% and P/E 15.1 (below industry average 21.2), though quarterly PAT declined (-20.9%) and debt-to-equity is high (2.51), which is a cautionary factor.

💡 Optimal Buy Price: ₹290–₹293 (near breakout zone).

🎯 Profit-Taking Levels: ₹296 (first target), ₹298 (second target — 52-week high).

🛡️ Stop-Loss: ₹285 (below intraday support).

⏱️ If Already Holding: Exit near ₹296–₹298 if momentum slows or RSI approaches 65+. Cut position below ₹285 with rising volume, as reversal risk increases near resistance.

Positive

• 📈 ROE 16.0% and ROCE 13.1% show decent efficiency
• 💹 P/E 15.1 below industry average (21.2), indicating undervaluation
• 📊 Price above DMA 50 & DMA 200, confirming bullish trend
• 📉 High trading volume supports intraday momentum
• 📊 Dividend yield 1.21% adds investor confidence

Limitation

• 📉 Quarterly PAT dropped from ₹392 Cr. to ₹376 Cr. (-20.9%)
• 📊 High debt-to-equity (2.51) increases financial risk
• 📉 PEG ratio 1.42 suggests moderate overvaluation relative to growth

Company Negative News

• ⚠️ Profit decline (-20.9%) impacting sentiment
• ⚠️ High leverage may limit flexibility

Company Positive News

• ✅ FII holding increased (+0.45%), showing foreign investor confidence
• ✅ DII holding increased (+0.56%), showing domestic support

Industry

• 🏦 Industry PE at 21.2, Manappuram at 15.1 — undervalued
• 📊 NBFC sector supported by strong credit demand

Conclusion

🔎 Manappuram Finance is a strong intraday candidate with bullish technicals and undervaluation versus peers. Buy zone is ₹290–₹293 with targets at ₹296 and ₹298. Maintain stop-loss at ₹285. If already holding, exit near targets or on weakness below support with volume confirmation.

Would you like me to extend this into a peer benchmarking overlay with other NBFCs like Muthoot Finance or a sector rotation basket scan to validate intraday opportunities?