MMTC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | MMTC | Market Cap | 9,630 Cr. | Current Price | 64.1 ₹ | High / Low | 88.2 ₹ |
| Stock P/E | 233 | Book Value | 10.9 ₹ | Dividend Yield | 0.00 % | ROCE | 8.33 % |
| ROE | 5.69 % | Face Value | 1.00 ₹ | DMA 50 | 64.1 ₹ | DMA 200 | 65.2 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | -0.07 % | PAT Qtr | 4.88 Cr. | PAT Prev Qtr | 36.7 Cr. |
| RSI | 48.5 | MACD | 0.33 | Volume | 29,27,405 | Avg Vol 1Wk | 86,69,681 |
| Low price | 42.6 ₹ | High price | 88.2 ₹ | PEG Ratio | 8.05 | Debt to equity | 0.02 |
| 52w Index | 47.2 % | Qtr Profit Var | -56.7 % | EPS | 1.13 ₹ | Industry PE | 32.3 |
📊 Analysis: MMTC is trading at 64.1 ₹, exactly at its 50 DMA and slightly below the 200 DMA (65.2 ₹), showing neutral technical positioning. RSI at 48.5 indicates balanced momentum, while MACD (0.33) is flat, suggesting no strong trend. Intraday volume (29.3 lakh) is significantly lower than the weekly average (86.7 lakh), reflecting weak participation. Fundamentals are weak with high P/E (233 vs industry 32.3), low ROE (5.69%), and sharp decline in quarterly profits, making it a risky intraday candidate.
💰 Optimal Buy Price (Intraday): 63.5–64.0 ₹ (near support zone).
📈 Profit-Taking Levels: 65.5 ₹ (first resistance), 67.0 ₹ (secondary resistance).
⚠️ Stop-Loss / Loss Protection: 62.5 ₹ (below intraday support).
⏱️ If Already Holding: Exit if price fails to sustain above 65.5 ₹ with volume confirmation or if RSI dips below 46 intraday. Hold for extended gains only if momentum sustains above 67 ₹ with strong volume recovery.
Positive
- 📉 Debt-to-equity at 0.02, almost debt-free.
- 📊 Trading near DMA levels, offering technical support zones.
Limitation
- ⚠️ Extremely high P/E (233) vs industry average (32.3).
- 📉 Weak ROE (5.69%) and ROCE (8.33%).
- 📊 Intraday volume far below weekly average.
Company Negative News
- 📉 PAT dropped sharply (36.7 Cr. → 4.88 Cr.).
- ⚠️ FII holdings decreased (-0.07%) and DII holdings decreased (-0.07%).
Company Positive News
- 📊 Debt-free balance sheet supports financial stability.
Industry
- 🏭 Trading sector PE at 32.3, MMTC trades at a steep premium.
- 📈 Sector demand linked to commodity cycles and government trade policies.
Conclusion
⚖️ MMTC is a weak intraday candidate. Buy near 63.5–64.0 ₹ with stop-loss at 62.5 ₹. Profit booking can be considered at 65.5–67.0 ₹. Momentum indicators are neutral, but weak fundamentals and low volumes suggest caution. Traders should rely on volume confirmation before holding beyond 67 ₹.
Would you like me to also prepare a workflow-ready peer benchmarking overlay comparing MMTC with other trading/commodity peers like STC, Hindustan Copper, and NMDC to highlight relative intraday strength?