NMDC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | NMDC | Market Cap | 69,913 Cr. | Current Price | 79.5 ₹ | High / Low | 86.8 ₹ |
| Stock P/E | 10.1 | Book Value | 36.8 ₹ | Dividend Yield | 4.15 % | ROCE | 30.3 % |
| ROE | 24.4 % | Face Value | 1.00 ₹ | DMA 50 | 80.2 ₹ | DMA 200 | 76.6 ₹ |
| Chg in FII Hold | 0.44 % | Chg in DII Hold | -0.32 % | PAT Qtr | 1,738 Cr. | PAT Prev Qtr | 1,695 Cr. |
| RSI | 48.2 | MACD | -0.61 | Volume | 1,63,65,478 | Avg Vol 1Wk | 2,03,20,024 |
| Low price | 59.5 ₹ | High price | 86.8 ₹ | PEG Ratio | -0.94 | Debt to equity | 0.11 |
| 52w Index | 73.1 % | Qtr Profit Var | -10.6 % | EPS | 7.85 ₹ | Industry PE | 16.6 |
📊 Analysis: NMDC is trading at ₹79.5, slightly below its 50 DMA (₹80.2) but above its 200 DMA (₹76.6), reflecting mixed sentiment. RSI at 48.2 indicates neutral momentum, while MACD (-0.61) shows mild bearish bias. Intraday volume (1.63 crore) is lower than the 1-week average (2.03 crore), suggesting reduced participation. Fundamentals are strong with ROE 24.4%, ROCE 30.3%, and low debt-to-equity (0.11). Valuation looks attractive with P/E 10.1 vs industry 16.6, though quarterly profit variation (-10.6%) raises caution.
💰 Optimal Buy Price: Intraday entry may be considered near ₹78.5–79.0 if momentum stabilizes.
🎯 Exit Levels:
- Profit-taking: ₹81.0 – ₹82.0 (near-term resistance)
- Stop-loss: ₹77.5 (below intraday support)
⏱️ If Already Holding: Exit should be considered if price fails to hold above ₹78.5 or if MACD weakness deepens. Watch for volume spikes near ₹81–82 to book profits intraday.
Positive
- Strong ROCE (30.3%) and ROE (24.4%) indicate efficient capital use.
- Low debt-to-equity (0.11) ensures financial stability.
- Dividend yield at 4.15% provides attractive investor returns.
- FII holding increased (+0.44%), showing foreign investor confidence.
Limitation
- Trading below 50 DMA reflects short-term weakness.
- MACD (-0.61) shows mild bearish momentum.
- Volume below average indicates weaker intraday participation.
Company Negative News
- Quarterly profit variation (-10.6%) shows earnings pressure.
- DII holding decreased (-0.32%), showing reduced domestic institutional support.
Company Positive News
- PAT improved slightly from ₹1,695 Cr. to ₹1,738 Cr.
- EPS of ₹7.85 supports valuation strength.
- 52-week index return of 73.1% reflects strong investor confidence.
Industry
- Industry PE at 16.6 is higher, making NMDC relatively undervalued compared to peers.
- Metals and mining sector benefits from global commodity demand but is sensitive to price cycles.
Conclusion
⚖️ NMDC shows neutral-to-weak short-term momentum with MACD slightly negative and price below 50 DMA. Intraday traders may consider entries near ₹78.5–79.0 with profit targets around ₹81–82. A tight stop-loss at ₹77.5 is recommended. Conservative traders should wait for confirmation above ₹82 before fresh entries.
Would you like me to extend this into a peer benchmarking overlay comparing NMDC with SAIL, Tata Steel, and JSW Steel to highlight relative intraday strength and sector rotation opportunities within the metals sector?