NMDC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | NMDC | Market Cap | 81,060 Cr. | Current Price | 92.3 ₹ | High / Low | 94.2 ₹ |
| Stock P/E | 11.8 | Book Value | 36.8 ₹ | Dividend Yield | 3.58 % | ROCE | 30.3 % |
| ROE | 24.4 % | Face Value | 1.00 ₹ | DMA 50 | 86.8 ₹ | DMA 200 | 80.3 ₹ |
| Chg in FII Hold | 0.12 % | Chg in DII Hold | -0.30 % | PAT Qtr | 1,738 Cr. | PAT Prev Qtr | 1,695 Cr. |
| RSI | 61.2 | MACD | 1.11 | Volume | 2,59,07,773 | Avg Vol 1Wk | 1,75,53,835 |
| Low price | 66.8 ₹ | High price | 94.2 ₹ | PEG Ratio | -1.09 | Debt to equity | 0.11 |
| 52w Index | 92.8 % | Qtr Profit Var | -10.6 % | EPS | 7.85 ₹ | Industry PE | 19.8 |
📊 Analysis: NMDC shows strong intraday potential. Current price (₹92.3) is above DMA 50 (₹86.8) and DMA 200 (₹80.3), reflecting bullish momentum. RSI at 61.2 indicates healthy strength, while MACD (1.11) confirms positive bias. Volume (2.59 Cr) is significantly higher than the 1-week average (1.75 Cr), supporting strong liquidity. Fundamentals remain attractive with low P/E (11.8 vs industry 19.8), high ROE/ROCE, and dividend yield of 3.58%, though quarterly profit variation (-10.6%) raises caution.
💹 Optimal Buy Price: ₹91.5–92.5 if sustained above VWAP with strong volume.
🎯 Profit Exit Levels: ₹94.0 (recent high) and ₹95.5–96.0 (breakout zone).
🛑 Stop-Loss: ₹90.0 (below intraday support).
⏱️ If Already Holding: Exit near ₹94.0–96.0 if RSI approaches 65–68 or momentum slows. Cut positions if price breaks below ₹90.0 with rising volume pressure.
Positive
- Low P/E (11.8) compared to industry average (19.8), indicating undervaluation.
- Strong ROE (24.4%) and ROCE (30.3%) highlight robust fundamentals.
- Dividend yield of 3.58% adds investor support.
- Price trading above DMA 50 and DMA 200, confirming bullish bias.
- FII holding increased (+0.12%), showing foreign investor confidence.
Limitation
- Quarterly profit variation (-10.6%) raises earnings concerns.
- DII holding reduced (-0.30%), showing weaker domestic sentiment.
- PEG ratio (-1.09) suggests poor growth alignment.
Company Negative News
- Decline in quarterly profits raises caution for traders.
- DII outflows highlight weaker domestic institutional sentiment.
Company Positive News
- Strong fundamentals with high ROE and ROCE.
- FII inflows highlight foreign confidence in the company.
- Dividend yield supports investor sentiment.
Industry
- Industry P/E at 19.8, higher than NMDC’s 11.8, suggesting undervaluation relative to peers.
- Mining sector remains cyclical but benefits from commodity demand and infrastructure growth.
Conclusion
⚖️ NMDC offers strong intraday trading potential with undervaluation, robust fundamentals, and strong liquidity. Suitable for trades above ₹91.5 with profit targets near ₹94.0–96.0 and strict stop-loss at ₹90.0. Momentum indicators suggest cautious optimism as RSI approaches overbought territory.
Would you like me to extend this into a swing trade analysis with 1–2 week holding logic, or keep it strictly intraday-focused?