MINDACORP - IntraDay Trade Analysis with Live Signals

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

IntraDay Trade Rating: 3.4

📊 Analysis: Minda Corp is trading at ₹595, above DMA 50 (₹580) and DMA 200 (₹544), indicating medium-term bullish undertone. RSI at 46.4 shows neutral momentum, while MACD positive (1.09) suggests mild bullishness. Volume (2.82L) is below 1-week average (5.96L), reflecting weaker intraday participation. Fundamentals are mixed — ROCE 11.8% and ROE 11.2% are modest, while P/E 78.8 vs industry 30.0 signals overvaluation. PAT improved sequentially (₹47 Cr. vs ₹41.8 Cr.), but quarterly variation (-25%) shows inconsistency. Intraday trades may be possible with cautious positioning near support.

💡 Optimal Buy Price: ₹590–₹600 (near support zone).

🎯 Profit-Taking Levels: ₹610 (first target), ₹625 (second target).

🛡️ Stop-Loss: ₹582 (below intraday support).

⏱️ If Already Holding: Exit near ₹610–₹625 if momentum slows or RSI approaches 55+. Cut position below ₹582 with rising volume, as weakness may extend further.

Positive

• 📈 Price above DMA 50 & DMA 200, confirming medium-term bullish trend
• 💹 DII holding increased (+0.35%), showing domestic institutional support
• 📊 PAT improved sequentially from ₹41.8 Cr. to ₹47 Cr.
• 📉 EPS ₹7.55 reflects earnings growth

Limitation

• 📉 P/E 78.8 much higher than industry average (30.0)
• 📊 PEG ratio 9.46 indicates overvaluation relative to growth
• 📉 Quarterly profit variation (-25%) shows inconsistency
• 📊 Volume below average, limiting intraday momentum
• 📉 Debt-to-equity 0.75 indicates moderate leverage risk

Company Negative News

• ⚠️ Quarterly profit decline (-25%) impacting sentiment
• ⚠️ FII holding decreased (-0.11%), showing reduced foreign confidence

Company Positive News

• ✅ DII holding increased (+0.35%), showing domestic support
• ✅ Sequential PAT improvement boosts sentiment

Industry

• 🏭 Industry PE at 30.0, Minda Corp at 78.8 — highly overvalued
• 📊 Auto ancillary sector supported by cyclical demand but faces margin pressures

Conclusion

🔎 Minda Corp is a moderate intraday candidate with mixed fundamentals and stretched valuations. Buy zone is ₹590–₹600 with targets at ₹610 and ₹625. Maintain strict stop-loss at ₹582. If already holding, exit near targets or cut losses below support with volume confirmation.

Would you like me to extend this into a peer benchmarking overlay with other auto ancillary stocks like Bosch, Motherson, and Endurance Tech or a sector rotation basket scan to validate intraday opportunities?