MRF - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | MRF | Market Cap | 56,816 Cr. | Current Price | 1,33,806 ₹ | High / Low | 1,63,600 ₹ |
| Stock P/E | 25.5 | Book Value | 45,019 ₹ | Dividend Yield | 0.18 % | ROCE | 13.8 % |
| ROE | 10.5 % | Face Value | 10.0 ₹ | DMA 50 | 1,41,960 ₹ | DMA 200 | 1,43,696 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | 0.12 % | PAT Qtr | 736 Cr. | PAT Prev Qtr | 512 Cr. |
| RSI | 40.4 | MACD | -2,787 | Volume | 5,710 | Avg Vol 1Wk | 6,190 |
| Low price | 1,07,389 ₹ | High price | 1,63,600 ₹ | PEG Ratio | 0.50 | Debt to equity | 0.11 |
| 52w Index | 47.0 % | Qtr Profit Var | 140 % | EPS | 5,123 ₹ | Industry PE | 24.8 |
📊 Analysis: MRF shows weak-to-neutral momentum for intraday trading today. RSI at 40.4 indicates oversold conditions, but MACD is sharply negative (-2,787), confirming bearish momentum. Current price (1,33,806 ₹) is trading well below both 50 DMA (1,41,960 ₹) and 200 DMA (1,43,696 ₹), showing short-term and medium-term weakness. Volume is slightly below the 1-week average, suggesting limited participation and weak conviction in price action.
💡 Optimal Buy Price: Around 1,33,500–1,34,000 ₹ if intraday support holds.
🎯 Profit Exit Levels: 1,35,000 ₹ (first target), 1,37,000 ₹ (second target if momentum improves).
⚠️ Stop-Loss: 1,32,500 ₹ to protect against downside risk.
📌 If Already Holding: Consider exiting near 1,35,000–1,37,000 ₹ if momentum indicators remain weak. If price falls below 1,32,500 ₹ with volume confirmation, exit to avoid deeper losses.
✅ Positive
- Quarterly PAT growth (736 Cr. vs 512 Cr.).
- EPS at 5,123 ₹ supports strong earnings visibility.
- ROCE (13.8%) and ROE (10.5%) indicate decent capital efficiency.
- PEG ratio at 0.50 suggests reasonable valuation relative to growth.
- Debt-to-equity ratio at 0.11, low leverage.
⚠️ Limitation
- Price trading well below both 50 DMA and 200 DMA, showing weakness.
- RSI and MACD indicate strong bearish momentum.
- Dividend yield at 0.18% is low, limiting income appeal.
- Volume below average, limiting intraday participation.
📉 Company Negative News
- FII holdings decreased (-0.09%), showing reduced foreign confidence.
- 52-week index at 47.0% shows underperformance relative to highs.
📈 Company Positive News
- Quarterly profit growth of 140% shows strong operational improvement.
- DII holdings increased (+0.12%), showing domestic investor support.
- Strong EPS growth supports valuation despite weak price action.
🏭 Industry
- Tyre and auto ancillary sector trading at PE ~24.8, MRF is fairly valued with P/E of 25.5.
- Sector demand remains cyclical, influenced by auto sales and raw material costs.
🔎 Conclusion
MRF is not an ideal intraday candidate today due to strong bearish momentum and weak technicals. A cautious buy near 1,33,500–1,34,000 ₹ with targets at 1,35,000 ₹ and 1,37,000 ₹ offers limited opportunity, but traders should maintain a strict stop-loss at 1,32,500 ₹. Better suited for swing trades if price sustains above 1,41,960 ₹ (50 DMA) with improving momentum.
Would you like me to prepare a peer benchmarking overlay with other tyre and auto ancillary stocks (like Apollo Tyres, JK Tyre, Balkrishna Industries) so you can compare MRF’s intraday strength against sector leaders?