MANYAVAR - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | MANYAVAR | Market Cap | 8,882 Cr. | Current Price | 365 ₹ | High / Low | 850 ₹ |
| Stock P/E | 24.5 | Book Value | 70.8 ₹ | Dividend Yield | 2.19 % | ROCE | 25.9 % |
| ROE | 22.3 % | Face Value | 1.00 ₹ | DMA 50 | 443 ₹ | DMA 200 | 626 ₹ |
| Chg in FII Hold | -0.47 % | Chg in DII Hold | 1.05 % | PAT Qtr | 135 Cr. | PAT Prev Qtr | 56.1 Cr. |
| RSI | 35.8 | MACD | -31.7 | Volume | 13,20,664 | Avg Vol 1Wk | 9,35,930 |
| Low price | 329 ₹ | High price | 850 ₹ | PEG Ratio | 3.27 | Debt to equity | 0.27 |
| 52w Index | 6.87 % | Qtr Profit Var | -14.6 % | EPS | 14.9 ₹ | Industry PE | 26.7 |
📊 Analysis: MANYAVAR shows weak intraday potential. Current price (₹365) is well below both DMA50 (₹443) and DMA200 (₹626), reflecting strong technical weakness. RSI at 35.8 indicates the stock is nearing oversold territory, while MACD (-31.7) confirms bearish momentum. Volume today (13.2L) is higher than the 1-week average (9.3L), suggesting active participation but mostly on the selling side. Fundamentals are strong with high ROCE (25.9%) and ROE (22.3%), but valuation and recent price action remain unfavorable for intraday trades.
💡 Optimal Buy Price: ₹355–₹360 if price stabilizes near support.
🎯 Profit Exit Levels: ₹378 (first target), ₹390 (second target).
🛡️ Stop-Loss: ₹348 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹378 if momentum weakens. If price fails to hold above ₹360 with declining volume, exit early to avoid intraday losses.
✅ Positive
- Strong ROCE (25.9%) and ROE (22.3%) highlight efficient capital use.
- Dividend yield (2.19%) adds shareholder value.
- Quarterly PAT improved significantly (₹56.1 Cr. → ₹135 Cr.).
⚠️ Limitation
- High PEG ratio (3.27) signals expensive growth prospects.
- Price trading far below DMA50 & DMA200 shows strong technical weakness.
- Debt-to-equity (0.27) is higher compared to peers, adding leverage risk.
📉 Company Negative News
- FII holding reduced (-0.47%), showing cautious foreign sentiment.
- Quarterly profit variation (-14.6%) indicates earnings pressure despite PAT jump.
📈 Company Positive News
- DII holding increased (+1.05%), reflecting domestic institutional confidence.
- EPS (₹14.9) remains strong relative to book value.
🏭 Industry
- Industry P/E at 26.7 is slightly higher than company’s (24.5), suggesting fair valuation.
- Sector shows modest growth with 52-week index gain of 6.87%.
🔎 Conclusion
MANYAVAR is fundamentally strong but technically weak for intraday trades. The stock is oversold and may offer short-term bounce opportunities, but momentum remains bearish. Suitable only for cautious entries near support with strict stop-loss discipline. Momentum traders should wait for RSI recovery and MACD reversal before committing to larger intraday positions.
Would you like me to extend this into a peer benchmarking overlay for MANYAVAR against other apparel/retail sector stocks, so you can compare relative intraday strength and compounding potential?