⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
3MINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | 3MINDIA | Market Cap | 38,870 Cr. | Current Price | 34,490 ₹ | High / Low | 37,385 ₹ |
| Stock P/E | 70.1 | Book Value | 1,430 ₹ | Dividend Yield | 0.46 % | ROCE | 38.2 % |
| ROE | 23.8 % | Face Value | 10.0 ₹ | DMA 50 | 34,297 ₹ | DMA 200 | 32,339 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.27 % | PAT Qtr | 191 Cr. | PAT Prev Qtr | 178 Cr. |
| RSI | 50.5 | MACD | -210 | Volume | 1,378 | Avg Vol 1Wk | 3,117 |
| Low price | 25,714 ₹ | High price | 37,385 ₹ | PEG Ratio | 3.25 | Debt to equity | 0.06 |
| 52w Index | 75.2 % | Qtr Profit Var | 43.0 % | EPS | 492 ₹ | Industry PE | 22.7 |
📊 Technical Analysis
- Chart Patterns: Price is comfortably above both 50 DMA (34,297 ₹) and 200 DMA (32,339 ₹), confirming a strong uptrend.
- RSI (50.5): Neutral zone, suggesting balanced momentum without overbought or oversold signals.
- MACD (-210): Negative crossover indicates short-term weakness despite long-term bullish structure.
- Bollinger Bands: Price near mid-band, showing consolidation within range.
- Volume Trends: Current volume (1,378) is below 1-week average (3,117), reflecting weak participation and muted momentum.
📈 Momentum & Signals
- Trend: Strong uptrend with short-term consolidation.
- Support Zones: 34,000 ₹ (near 50 DMA), 32,300 ₹ (200 DMA), 25,700 ₹ (major support).
- Resistance Zones: 35,500 ₹ (recent swing), 37,385 ₹ (52-week high).
- Entry Zone: 34,000–34,500 ₹ if MACD stabilizes and volume improves.
- Exit Zone: 36,500–37,000 ₹ unless breakout above 37,385 ₹ occurs.
✅ Positive
- Strong ROCE (38.2%) and ROE (23.8%) highlight efficient capital use.
- Low debt-to-equity ratio (0.06) indicates financial stability.
- Quarterly PAT improved to 191 Cr. from 178 Cr., showing consistent growth.
⚠️ Limitation
- High P/E (70.1) compared to industry average (22.7), suggesting overvaluation.
- Dividend yield is low (0.46%), limiting income appeal.
- MACD negative crossover signals short-term weakness.
📉 Company Negative News
- Stock trades at premium valuations relative to peers.
- Low trading volumes reduce short-term momentum and liquidity.
📈 Company Positive News
- Consistent profit growth with strong quarterly performance.
- FII (+0.07%) and DII (+0.27%) holdings increased, showing investor confidence.
- Stock remains well above long-term averages, confirming bullish structure.
🏭 Industry
- Industry P/E at 22.7 is much lower, highlighting premium valuation for 3M India.