M&MFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | M&MFIN | Market Cap | 49,824 Cr. | Current Price | 359 ₹ | High / Low | 412 ₹ |
| Stock P/E | 19.4 | Book Value | 166 ₹ | Dividend Yield | 1.81 % | ROCE | 9.02 % |
| ROE | 12.3 % | Face Value | 2.00 ₹ | DMA 50 | 357 ₹ | DMA 200 | 312 ₹ |
| Chg in FII Hold | -0.48 % | Chg in DII Hold | 0.05 % | PAT Qtr | 899 Cr. | PAT Prev Qtr | 569 Cr. |
| RSI | 46.6 | MACD | 0.22 | Volume | 16,30,921 | Avg Vol 1Wk | 27,57,183 |
| Low price | 232 ₹ | High price | 412 ₹ | PEG Ratio | 0.58 | Debt to equity | 4.99 |
| 52w Index | 70.3 % | Qtr Profit Var | -0.02 % | EPS | 17.8 ₹ | Industry PE | 18.9 |
📊 Chart Patterns & Trend: M&MFIN is trading at 359 ₹, slightly above its 50 DMA (357 ₹) and well above its 200 DMA (312 ₹). This indicates a consolidation phase with mild bullish bias. The stock is closer to its 52-week high (412 ₹) than its low (232 ₹), reflecting stable sentiment.
📈 RSI: At 46.6, RSI is neutral, suggesting balanced momentum without strong overbought or oversold signals.
📉 MACD: Positive at 0.22, showing mild bullish crossover but not a strong trend confirmation.
📊 Bollinger Bands: Price is near the mid-band, indicating consolidation with limited volatility expansion.
📊 Volume Trends: Current volume (16,30,921) is lower than average weekly volume (27,57,183), showing reduced participation and lack of strong conviction in recent moves.
🎯 Entry Zone: 345–355 ₹ (near 50 DMA support).
🎯 Exit Zone: 400–410 ₹ (near resistance and 52-week high).
Positive
- Market cap of 49,824 Cr. reflects strong presence in NBFC sector.
- Stock P/E of 19.4 is aligned with industry PE of 18.9, showing fair valuation.
- Dividend yield of 1.81% provides income return.
- EPS at 17.8 ₹ supports earnings visibility.
- Quarterly PAT improved to 899 Cr. from 569 Cr., showing sequential growth.
- DII holdings increased slightly (+0.05%), showing domestic institutional support.
Limitation
- ROCE (9.02%) and ROE (12.3%) are modest, limiting long-term compounding potential.
- Debt-to-equity ratio at 4.99 is high, reflecting leveraged balance sheet.
- Quarterly profit variance (-0.02%) indicates flat year-on-year growth.
- FII holdings decreased (-0.48%), showing reduced foreign investor confidence.
- Trading volumes are lower than average, reducing conviction in price action.
Company Negative News
- Flat quarterly profit variance (-0.02%) highlights limited growth momentum.
- FII stake reduction shows declining foreign investor confidence.
- High debt-to-equity ratio raises concerns about leverage risk.
Company Positive News
- Sequential PAT growth (899 Cr. vs 569 Cr.) indicates operational improvement.
- DII stake increase reflects domestic investor confidence.
- Dividend yield of 1.81% provides attractive returns for income-focused investors.
Industry
- NBFC sector trading at industry PE of 18.9, making M&MFIN fairly valued at P/E of 19.4.
- Sector outlook remains positive with rising demand for retail and rural financing.
Conclusion
⚖️ M&MFIN is in a consolidation phase with neutral RSI and mildly positive MACD. Entry near 345–355 ₹ offers margin of safety, while exits around 400–410 ₹ provide profit-taking opportunities. Long-term investors should be cautious due to high leverage and modest ROE/ROCE, while short-term traders may exploit consolidation breakouts for swing trades.
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