MMTC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | MMTC | Market Cap | 9,461 Cr. | Current Price | 63.1 ₹ | High / Low | 88.2 ₹ |
| Stock P/E | 181 | Book Value | 10.9 ₹ | Dividend Yield | 0.00 % | ROCE | 8.33 % |
| ROE | 5.69 % | Face Value | 1.00 ₹ | DMA 50 | 60.7 ₹ | DMA 200 | 63.9 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | -0.07 % | PAT Qtr | 10.5 Cr. | PAT Prev Qtr | 4.88 Cr. |
| RSI | 58.2 | MACD | -2.00 | Volume | 12,92,29,035 | Avg Vol 1Wk | 2,69,01,365 |
| Low price | 42.6 ₹ | High price | 88.2 ₹ | PEG Ratio | 6.24 | Debt to equity | 0.02 |
| 52w Index | 45.0 % | Qtr Profit Var | 2,005 % | EPS | 1.20 ₹ | Industry PE | 29.9 |
📊 Analysis: MMTC shows weak-to-neutral momentum for intraday trading today. RSI at 58.2 indicates moderate bullishness, but MACD is negative (-2.00), suggesting short-term weakness. Current price (63.1 ₹) is slightly above the 50 DMA (60.7 ₹) but below the 200 DMA (63.9 ₹), showing mixed signals. Volume is extremely high compared to the 1-week average, indicating heavy speculative activity, which can cause sharp intraday swings.
💡 Optimal Buy Price: Around 62.5–63.0 ₹ if intraday support holds.
🎯 Profit Exit Levels: 65 ₹ (first target), 67 ₹ (second target if momentum improves).
⚠️ Stop-Loss: 61 ₹ to protect against downside risk.
📌 If Already Holding: Consider exiting near 65–67 ₹ if momentum indicators remain weak. If price falls below 61 ₹ with volume confirmation, exit to avoid deeper losses.
✅ Positive
- Quarterly PAT growth (10.5 Cr. vs 4.88 Cr.).
- EPS at 1.20 ₹ shows earnings improvement.
- ROCE (8.33%) and ROE (5.69%) show modest capital efficiency.
- Debt-to-equity ratio at 0.02, nearly debt-free.
⚠️ Limitation
- Extremely high P/E (181) compared to industry average (29.9).
- PEG ratio at 6.24 indicates overvaluation relative to growth.
- Price below 200 DMA, showing medium-term weakness.
📉 Company Negative News
- FII holdings decreased (-0.07%), showing reduced foreign confidence.
- DII holdings decreased (-0.07%), showing reduced domestic support.
📈 Company Positive News
- Quarterly profit growth of 2,005% shows strong operational turnaround.
- High trading volume indicates strong market interest.
🏭 Industry
- Trading and metals sector PE ~29.9, MMTC is significantly overvalued with P/E of 181.
- Sector demand remains cyclical, influenced by commodity prices and global trade flows.
🔎 Conclusion
MMTC is not an ideal intraday candidate today due to valuation risk and mixed momentum indicators. A cautious buy near 62.5–63.0 ₹ with targets at 65 ₹ and 67 ₹ offers opportunity, but traders should maintain a strict stop-loss at 61 ₹ due to volatility risk. Best suited for speculative intraday trades rather than stable setups.
Would you like me to prepare a basket overlay with peer trading and metals companies (like NMDC, Hindustan Copper, SAIL) so you can benchmark MMTC’s intraday strength against sector leaders?