GMDCLTD - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | GMDCLTD | Market Cap | 22,233 Cr. | Current Price | 699 ₹ | High / Low | 772 ₹ |
| Stock P/E | 37.5 | Book Value | 222 ₹ | Dividend Yield | 1.44 % | ROCE | 11.3 % |
| ROE | 8.82 % | Face Value | 2.00 ₹ | DMA 50 | 646 ₹ | DMA 200 | 562 ₹ |
| Chg in FII Hold | 1.46 % | Chg in DII Hold | 0.08 % | PAT Qtr | 197 Cr. | PAT Prev Qtr | 122 Cr. |
| RSI | 60.2 | MACD | 4.50 | Volume | 37,73,433 | Avg Vol 1Wk | 36,23,705 |
| Low price | 351 ₹ | High price | 772 ₹ | PEG Ratio | -1.79 | Debt to equity | 0.04 |
| 52w Index | 82.7 % | Qtr Profit Var | -12.7 % | EPS | 31.2 ₹ | Industry PE | 19.8 |
📊 GMDCLTD is trading at 699 ₹, above its 50 DMA (646 ₹) and 200 DMA (562 ₹), confirming strong bullish momentum. RSI at 60.2 indicates moderate strength, while MACD at 4.50 is positive, supporting bullish bias. Bollinger Bands show price moving toward the upper band, suggesting upside momentum but also risk of consolidation. Current volume (37,73,433) is slightly above the 1-week average (36,23,705), confirming healthy participation.
- 💰 Optimal Buy Price: 680 – 700 ₹ (support near 50 DMA)
- 📈 Profit-Taking Exit Levels: 730 ₹ (first resistance), 760 – 772 ₹ (52-week high resistance)
- 📉 Stop-Loss / Loss Protection: 660 ₹ (below support)
- ⏱️ Trend Status: Trending upward with bullish bias; consolidation possible near 760 – 772 ₹.
Positive
✅ Price trading above both 50 DMA and 200 DMA confirms bullish structure.
✅ Quarterly PAT growth (197 Cr. vs 122 Cr.) shows strong earnings momentum.
✅ EPS at 31.2 ₹ supports valuation strength.
✅ FII holdings increased (+1.46%), showing foreign investor confidence.
✅ Debt-to-equity at 0.04 indicates low leverage.
Limitation
⚠️ RSI above 60 indicates moderate overbought conditions.
⚠️ PEG ratio of -1.79 highlights weak growth prospects.
⚠️ ROCE (11.3%) and ROE (8.82%) are modest compared to peers.
⚠️ Dividend yield at 1.44% is modest.
⚠️ Sequential profit variation (-12.7%) shows earnings pressure.
Company Negative News
🚫 Sequential earnings decline adds caution.
🚫 Valuation concerns with P/E (37.5) above industry average (19.8).
Company Positive News
🌟 PAT growth highlights operational improvement.
🌟 Technical indicators confirm bullish bias above DMA levels.
🌟 Institutional inflows provide support.
Industry
🏭 Industry P/E at 19.8 is lower than GMDCLTD’s 37.5, showing relative overvaluation.
🏭 Mining and minerals sector outlook remains positive with commodity demand recovery.
Conclusion
📌 GMDCLTD is trending upward with bullish bias, supported by PAT growth and foreign inflows. Entry near 680 – 700 ₹ offers favorable positioning, while exits at 730 – 772 ₹ should be monitored. Stop-loss protection at 660 ₹ is advised. Despite strong technicals, modest fundamentals and valuation risks warrant cautious accumulation.
Would you like me to extend this into a swing trade overlay for 1–2 week holding logic, or keep the focus strictly on this intraday technical view?