MMTC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | MMTC | Market Cap | 9,717 Cr. | Current Price | 64.8 ₹ | High / Low | 88.2 ₹ |
| Stock P/E | 186 | Book Value | 10.9 ₹ | Dividend Yield | 0.00 % | ROCE | 8.33 % |
| ROE | 5.69 % | Face Value | 1.00 ₹ | DMA 50 | 61.6 ₹ | DMA 200 | 63.2 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.00 % | PAT Qtr | 10.5 Cr. | PAT Prev Qtr | 4.88 Cr. |
| RSI | 56.3 | MACD | 2.09 | Volume | 15,06,980 | Avg Vol 1Wk | 21,28,549 |
| Low price | 50.1 ₹ | High price | 88.2 ₹ | PEG Ratio | 6.41 | Debt to equity | 0.02 |
| 52w Index | 38.6 % | Qtr Profit Var | 2,005 % | EPS | 1.20 ₹ | Industry PE | 31.1 |
📈 Optimal Buy Price
Entry zone: ₹63.5–₹65.0, close to DMA 50 and DMA 200 support. Avoid chasing above ₹66.5 unless volume expands beyond weekly average.
🎯 Exit Levels
- Profit-taking: ₹67.5–₹69.0 if momentum sustains
- Stop-loss: Below ₹62.5 (weakness under DMA support)
⏳ Intraday Exit Guidance
If already holding, consider exiting if RSI dips below 54, price fails to hold above ₹63.5, or intraday volume momentum fades below 12 lakh with stagnant price action. Book profits near ₹67.5–₹69.0 if momentum slows.
✅ Positive
Quarterly PAT growth (₹4.88 Cr. → ₹10.5 Cr.) shows earnings recovery, EPS at ₹1.20 reflects improvement, MACD positive at 2.09, FII holdings increased (+0.11%), and virtually debt-free (Debt-to-equity 0.02).
⚠️ Limitation
Extremely high valuation (P/E 186 vs industry 31.1), weak ROE (5.69%) and ROCE (8.33%), negligible dividend yield (0.00%), and PEG ratio at 6.41 indicating poor valuation-to-growth alignment.
📉 Company Negative News
Intraday volume below weekly average, limiting momentum strength. Fundamentals remain weak despite earnings recovery.
📊 Company Positive News
Quarterly profit growth of 2,005%, stock trading above DMA 50 and DMA 200 support, and 52-week recovery at 38.6% reflecting investor interest.
🏭 Industry
Metals trading sector average P/E at 31.1, MMTC trades at a steep premium. Sector outlook supported by commodity demand but remains cyclical and volatile.
🔎 Conclusion
MMTC is a speculative intraday candidate with momentum-driven upside but weak fundamentals. Best suited for cautious trades near ₹63.5–₹65.0 with exits around ₹67.5–₹69.0. Maintain strict stop-loss discipline below ₹62.5 to protect against intraday reversals.