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MANAPPURAM - Swing Trade Analysis with AI Signals

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Rating: 3.5

Last Updated Time : 19 Jun 26, 11:28 am

Here’s the structured swing trade analysis for Manappuram Finance (MANAPPURAM) based on the provided parameters

Swing Trade Rating: 3.5

Stock Code MANAPPURAM Market Cap 30,171 Cr. Current Price 321 ₹ High / Low 334 ₹
Stock P/E 19.8 Book Value 170 ₹ Dividend Yield 1.09 % ROCE 9.53 %
ROE 11.0 % Face Value 2.00 ₹ DMA 50 303 ₹ DMA 200 284 ₹
Chg in FII Hold -5.55 % Chg in DII Hold 1.81 % PAT Qtr 376 Cr. PAT Prev Qtr 381 Cr.
RSI 58.4 MACD 2.75 Volume 14,92,946 Avg Vol 1Wk 22,57,811
Low price 245 ₹ High price 334 ₹ PEG Ratio 3.09 Debt to equity 3.21
52w Index 85.8 % Qtr Profit Var -9.37 % EPS 16.2 ₹ Industry PE 22.4

📊 Manappuram is trading at ₹321, above both 50 DMA (₹303) and 200 DMA (₹284), showing short-term strength. RSI at 58.4 indicates neutral-to-positive momentum, while MACD (2.75) confirms mild bullish bias. Volumes (14.9L) are below weekly averages (22.5L), suggesting reduced participation. Valuations are fair (P/E 19.8 vs industry 22.4), supported by EPS of ₹16.2. However, quarterly PAT declined slightly (₹381 Cr → ₹376 Cr), and high debt-to-equity (3.21) raises caution. Dividend yield at 1.09% adds investor appeal.

💡 Optimal Entry: ₹310–₹315 (near 50 DMA support zone)

🚪 Exit if Holding: Profit-taking zone around ₹330–₹335; Stop-loss below ₹305

✅ Positive

  • Trading above both 50 DMA and 200 DMA
  • Fair valuation (P/E 19.8 vs industry 22.4)
  • DII holdings increased (+1.81%)
  • EPS of ₹16.2 supports earnings visibility

⚠️ Limitation

  • High debt-to-equity ratio (3.21)
  • Quarterly PAT decline (₹381 Cr → ₹376 Cr)
  • Volumes below weekly average
  • FII holdings decreased (-5.55%)
  • PEG ratio at 3.09 suggests expensive growth valuation

📉 Company Negative News

  • Profitability decline quarter-on-quarter
  • Reduced foreign institutional participation

📈 Company Positive News

  • Domestic institutional inflows (+1.81%)
  • Strong technical positioning above DMA levels

🏭 Industry

  • NBFC sector average P/E at 22.4, Manappuram trades at a discount
  • Sector outlook remains cyclical, tied to credit demand and interest rates

🔎 Conclusion

Manappuram is a cautious candidate for swing trading. While valuations are fair and domestic inflows provide support, weak profitability trends and high leverage limit upside. Entry near ₹310–₹315 offers controlled risk, while exits should be considered around ₹330–₹335. Suitable for short-term trades with strict monitoring of debt and institutional flows.

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