JMFINANCIL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | JMFINANCIL | Market Cap | 11,636 Cr. | Current Price | 122 ₹ | High / Low | 200 ₹ |
| Stock P/E | 20.0 | Book Value | 48.0 ₹ | Dividend Yield | 2.22 % | ROCE | 12.8 % |
| ROE | 12.6 % | Face Value | 1.00 ₹ | DMA 50 | 141 ₹ | DMA 200 | 146 ₹ |
| Chg in FII Hold | -0.67 % | Chg in DII Hold | 0.15 % | PAT Qtr | 246 Cr. | PAT Prev Qtr | 133 Cr. |
| RSI | 30.1 | MACD | -5.09 | Volume | 16,63,932 | Avg Vol 1Wk | 25,19,103 |
| Low price | 78.0 ₹ | High price | 200 ₹ | PEG Ratio | 1.11 | Debt to equity | 0.01 |
| 52w Index | 35.8 % | Qtr Profit Var | -20.4 % | EPS | 6.11 ₹ | Industry PE | 18.2 |
📉 Chart & Trend Analysis: JMFINANCIL is trading at ₹122, below both its 50 DMA (₹141) and 200 DMA (₹146), signaling weak technical strength. RSI at 30.1 suggests the stock is oversold, indicating potential for a short-term bounce. MACD at -5.09 confirms bearish momentum. Bollinger Bands show price near the lower band, reflecting sustained selling pressure. Current volume (16.6L) is below the 1-week average (25.2L), showing reduced participation.
🔑 Momentum Signals: Short-term momentum is bearish with immediate support at ₹118 and major support at ₹110. Resistance lies at ₹140–₹146 (DMA zone). Optimal entry zone: ₹118–₹122 for risk-tolerant traders. Exit zone: ₹140–₹146 if recovery occurs. Trend status: Reversing downward.
Positive ✅
- Low debt-to-equity (0.01) ensures strong financial stability.
- Dividend yield of 2.22% adds investor appeal.
- EPS of ₹6.11 reflects consistent profitability base.
- Quarterly PAT improved to ₹246 Cr from ₹133 Cr, showing earnings momentum.
Limitation ⚠️
- Stock trading below both 50 DMA and 200 DMA, confirming weak technical strength.
- RSI near oversold zone but MACD remains negative, showing weak momentum.
- Volume trend weaker than average, indicating lack of strong buying support.
- Quarterly profit variation (-20.4%) highlights earnings volatility.
Company Negative News 📉
- FII holding decreased (-0.67%), showing reduced foreign investor confidence.
- Stock has fallen sharply from 52-week high of ₹200 to ₹122, eroding sentiment.
Company Positive News 📊
- DII holding increased (+0.15%), reflecting domestic institutional support.
- Strong PAT improvement quarter-on-quarter indicates operational resilience.
Industry 🌐
- Industry PE at 18.2 is slightly lower than JMFINANCIL’s PE of 20.0, suggesting modest premium valuation.
- Financial services sector outlook remains stable with demand-driven growth opportunities.
Conclusion 📝
JMFINANCIL is currently in a bearish reversal phase, trading below key moving averages with weak momentum indicators. While fundamentals show strong dividend yield and low debt, valuation and technical weakness remain concerns. Risk-tolerant traders may consider entries near ₹118–₹122 with exits around ₹140–₹146, while long-term investors should wait for confirmation of trend reversal above the 200 DMA.
Would you like me to also prepare a peer benchmarking overlay comparing JMFINANCIL with other NBFCs like L&T Finance, Edelweiss, and Motilal Oswal to highlight relative strength and valuation?