3MINDIA - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | 3MINDIA | Market Cap | 39,845 Cr. | Current Price | 35,350 ₹ | High / Low | 37,385 ₹ |
| Stock P/E | 71.9 | Book Value | 1,430 ₹ | Dividend Yield | 0.46 % | ROCE | 38.2 % |
| ROE | 23.8 % | Face Value | 10.0 ₹ | DMA 50 | 34,389 ₹ | DMA 200 | 32,420 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.27 % | PAT Qtr | 191 Cr. | PAT Prev Qtr | 178 Cr. |
| RSI | 60.1 | MACD | 12.9 | Volume | 5,274 | Avg Vol 1Wk | 3,483 |
| Low price | 25,714 ₹ | High price | 37,385 ₹ | PEG Ratio | 3.33 | Debt to equity | 0.06 |
| 52w Index | 82.6 % | Qtr Profit Var | 43.0 % | EPS | 492 ₹ | Industry PE | 22.9 |
📊 The stock 3MINDIA shows strong fundamentals and technical positioning for swing trading. It is trading above both 50 DMA and 200 DMA, supported by positive momentum indicators (RSI 60.1, MACD 12.9). Earnings growth is healthy with quarterly profit up 43%. However, the valuation is stretched with a P/E of 71.9 compared to industry PE of 22.9, which limits upside potential. Overall, it is a moderately good candidate for swing trading.
💡 Optimal Entry Price: Around 34,300–34,500 ₹ (near 50 DMA support).
🚪 Exit Strategy (if already holding): Consider exiting near 37,200–37,400 ₹ resistance levels or if price falls below 32,400 ₹ (200 DMA support).
✅ Positive
- Strong ROCE (38.2%) and ROE (23.8%) indicate efficient capital use.
- Quarterly PAT improved from 178 Cr. to 191 Cr. (+43% YoY growth).
- Stock trading above both 50 DMA (34,389 ₹) and 200 DMA (32,420 ₹), showing medium-term strength.
- Low debt-to-equity ratio (0.06), reflecting financial stability.
⚠️ Limitation
- High P/E ratio (71.9) compared to industry PE (22.9), suggesting overvaluation.
- Dividend yield is low (0.46%), offering limited income support.
- PEG ratio (3.33) indicates expensive valuation relative to growth.
📉 Company Negative News
- Valuation remains significantly higher than peers, which may cap upside.
- Trading volume is relatively low (5,274 vs avg 3,483), limiting liquidity for swing trades.
📈 Company Positive News
- Quarterly profit growth (+43%) shows strong operational performance.
- Both FII (+0.07%) and DII (+0.27%) holdings increased, reflecting institutional confidence.
- Stock trading near 52-week high zone (82.6% of range), showing resilience.
🏭 Industry
- Industry PE is 22.9, much lower than the company’s 71.9, highlighting premium valuation.
- Sector outlook remains stable with consistent demand, but valuations are stretched.
🔎 Conclusion
3MINDIA is fundamentally strong with healthy profitability and momentum indicators favoring swing trading. Entry near 34,300–34,500 ₹ is attractive, but strict stop-loss below 32,400 ₹ is essential. For holders, exit near 37,200–37,400 ₹ resistance is advisable unless earnings growth continues to justify premium valuations.