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NMDC - IntraDay Trade Analysis with Live Signals

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Rating: 4.1

Last Updated Time : 03 May 26, 08:58 am

IntraDay Trade Rating: 4.1

Stock Code NMDC Market Cap 79,452 Cr. Current Price 90.4 ₹ High / Low 92.8 ₹
Stock P/E 11.5 Book Value 36.8 ₹ Dividend Yield 3.65 % ROCE 30.3 %
ROE 24.4 % Face Value 1.00 ₹ DMA 50 83.7 ₹ DMA 200 78.5 ₹
Chg in FII Hold 0.12 % Chg in DII Hold -0.30 % PAT Qtr 1,738 Cr. PAT Prev Qtr 1,695 Cr.
RSI 65.2 MACD 2.77 Volume 2,50,90,141 Avg Vol 1Wk 3,06,86,817
Low price 61.6 ₹ High price 92.8 ₹ PEG Ratio -1.06 Debt to equity 0.11
52w Index 92.3 % Qtr Profit Var -10.6 % EPS 7.85 ₹ Industry PE 19.7

📊 Analysis: NMDC shows strong intraday potential. Current price (₹90.4) is above both DMA 50 (₹83.7) and DMA 200 (₹78.5), confirming bullish momentum. RSI at 65.2 indicates strength but nearing overbought territory, while MACD (2.77) supports continued upward bias. Volume (2.51 Cr) is below the 1-week average (3.06 Cr), suggesting slightly weaker participation. PAT improved marginally (₹1,695 Cr → ₹1,738 Cr), though quarterly profit variation (-10.6%) raises caution.

💹 Optimal Buy Price: ₹89.5–90.5 if sustained above VWAP with rising volume.

🎯 Profit Exit Levels: ₹91.5 (near resistance) and ₹92.8 (52-week high).

🛑 Stop-Loss: ₹88.5 (below intraday support).

⏱️ If Already Holding: Consider booking profits near ₹91.5–92.8 if RSI crosses 70 or momentum slows. Exit if price breaks below ₹88.5 with strong selling pressure.

Positive

  • Strong ROE (24.4%) and ROCE (30.3%) highlight efficiency.
  • Dividend yield of 3.65% provides investor stability.
  • Low debt-to-equity (0.11) ensures financial strength.
  • Trading well above DMA 50 and DMA 200 confirms bullish trend.

Limitation

  • Quarterly profit variation (-10.6%) raises earnings concerns.
  • Volume weaker than average, limiting intraday strength.
  • PEG ratio (-1.06) indicates poor growth-adjusted valuation.

Company Negative News

  • DII holding reduced (-0.30%), showing weaker domestic sentiment.

Company Positive News

  • FII holding increased (+0.12%), reflecting foreign investor confidence.
  • PAT improved slightly, supporting earnings stability.

Industry

  • Industry P/E at 19.7 is higher than NMDC’s 11.5, suggesting undervaluation.
  • Metals and mining sector remains cyclical but supported by global demand recovery.

Conclusion

⚖️ NMDC offers strong intraday trading potential with undervaluation, solid fundamentals, and bullish technicals. Suitable for trades above ₹89.5 with profit targets near ₹91.5–92.8 and strict stop-loss at ₹88.5. Traders should remain cautious of weaker volume and profit variation.

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