MINDACORP - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | MINDACORP | Market Cap | 12,086 Cr. | Current Price | 505 ₹ | High / Low | 644 ₹ |
| Stock P/E | 59.2 | Book Value | 87.2 ₹ | Dividend Yield | 0.28 % | ROCE | 11.8 % |
| ROE | 11.2 % | Face Value | 2.00 ₹ | DMA 50 | 548 ₹ | DMA 200 | 550 ₹ |
| Chg in FII Hold | 0.37 % | Chg in DII Hold | -0.09 % | PAT Qtr | 81.6 Cr. | PAT Prev Qtr | 47.0 Cr. |
| RSI | 38.9 | MACD | -23.1 | Volume | 1,95,345 | Avg Vol 1Wk | 2,64,388 |
| Low price | 445 ₹ | High price | 644 ₹ | PEG Ratio | 7.10 | Debt to equity | 0.75 |
| 52w Index | 30.1 % | Qtr Profit Var | 41.1 % | EPS | 8.45 ₹ | Industry PE | 25.0 |
📊 Analysis: Minda Corp shows weak-to-moderate momentum for intraday trading today. RSI at 38.9 indicates oversold conditions, while MACD is negative (-23.1), confirming bearish momentum. Current price (505 ₹) is trading well below both 50 DMA (548 ₹) and 200 DMA (550 ₹), showing short-term and medium-term weakness. Volume is lower than the 1-week average, suggesting reduced participation and limited conviction in price action.
💡 Optimal Buy Price: Around 500–510 ₹ if intraday support holds.
🎯 Profit Exit Levels: 520 ₹ (first target), 535 ₹ (second target if momentum improves).
⚠️ Stop-Loss: 490 ₹ to protect against downside risk.
📌 If Already Holding: Consider exiting near 520–535 ₹ if momentum indicators remain weak. If price falls below 490 ₹ with volume confirmation, exit to avoid deeper losses.
✅ Positive
- Quarterly PAT growth (81.6 Cr. vs 47.0 Cr.).
- EPS at 8.45 ₹ supports earnings visibility.
- ROCE (11.8%) and ROE (11.2%) indicate moderate capital efficiency.
- FII holdings increased (+0.37%), showing foreign investor confidence.
⚠️ Limitation
- Price trading below both 50 DMA and 200 DMA, showing weakness.
- RSI and MACD indicate bearish momentum.
- PEG ratio at 7.10 indicates overvaluation relative to growth.
- Dividend yield at 0.28% is low, limiting income appeal.
- Debt-to-equity ratio at 0.75, showing moderate leverage risk.
📉 Company Negative News
- DII holdings decreased (-0.09%), showing reduced domestic confidence.
- 52-week index at 30.1% shows underperformance relative to highs.
📈 Company Positive News
- Quarterly profit growth of 41.1% shows operational improvement.
- FII holdings increased (+0.37%), showing foreign investor confidence.
🏭 Industry
- Auto ancillary sector trading at PE ~25.0, Minda Corp is overvalued with P/E of 59.2.
- Sector demand remains cyclical, influenced by auto sales and supply chain dynamics.
🔎 Conclusion
Minda Corp is a weak intraday candidate today due to bearish technicals and overvaluation. A cautious buy near 500–510 ₹ with targets at 520 ₹ and 535 ₹ offers limited opportunity, but traders should maintain a strict stop-loss at 490 ₹. Better suited for swing trades if price sustains above 548–550 ₹ (DMA levels) with improving momentum.
Would you like me to prepare a peer benchmarking overlay with other auto ancillary companies (like Motherson Sumi, Bosch, Endurance Tech) so you can compare Minda Corp’s intraday strength against sector peers?