MANKIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.5
| Stock Code | MANKIND | Market Cap | 1,00,832 Cr. | Current Price | 2,437 ₹ | High / Low | 2,727 ₹ |
| Stock P/E | 47.5 | Book Value | 397 ₹ | Dividend Yield | 0.04 % | ROCE | 13.6 % |
| ROE | 13.7 % | Face Value | 1.00 ₹ | DMA 50 | 2,298 ₹ | DMA 200 | 2,276 ₹ |
| Chg in FII Hold | -1.10 % | Chg in DII Hold | 1.20 % | PAT Qtr | 732 Cr. | PAT Prev Qtr | 512 Cr. |
| RSI | 55.3 | MACD | 68.2 | Volume | 4,31,464 | Avg Vol 1Wk | 11,12,134 |
| Low price | 1,910 ₹ | High price | 2,727 ₹ | PEG Ratio | 2.34 | Debt to equity | 0.34 |
| 52w Index | 64.5 % | Qtr Profit Var | 207 % | EPS | 49.4 ₹ | Industry PE | 31.6 |
📈 Chart & Momentum Analysis
- Current price (₹2,437) is above DMA 50 (₹2,298) and DMA 200 (₹2,276), showing strong bullish momentum.
- RSI at 55.3 indicates neutral-to-positive momentum, leaving room for upside.
- MACD at 68.2 is strongly positive, confirming bullish bias.
- Bollinger Bands: Price near upper band, signaling continuation but also volatility risk.
- Volume (4.31L) is below average weekly volume (11.1L), showing reduced participation despite price strength.
🎯 Entry & Exit Zones
- Optimal entry: ₹2,380–₹2,420 (support near DMA 50).
- Exit/Profit zone: ₹2,650–₹2,700 (resistance near 52-week high).
- Stop-loss: ₹2,350 (support zone).
📊 Trend Status
- The stock is trending upward strongly, supported by moving averages and MACD, but volume weakness suggests cautious optimism.
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Positive
✔ Price trading above DMA 50 & DMA 200.
✔ MACD strongly positive, supporting bullish continuation.
✔ PAT growth (+207%) quarter-on-quarter.
✔ EPS at ₹49.4 reflects profitability.
Limitation
⚠ Volume below average, limiting momentum strength.
⚠ PEG ratio at 2.34 indicates stretched growth valuation.
⚠ Dividend yield at 0.04% is negligible.
Company Negative News
📉 FII holding reduced (-1.10%).
📉 Valuation premium vs industry PE (47.5 vs 31.6).
Company Positive News
📈 PAT growth from ₹512 Cr. to ₹732 Cr. (+207%).
📈 DII holding increased (+1.20%).
📈 EPS strength supports valuation.
Industry
🏭 Pharma sector PE at 31.6, MANKIND trades at a premium (PE 47.5).
🏭 Sector outlook remains strong with demand drivers intact.
Conclusion
🔎 MANKIND is trending upward with strong fundamentals and bullish signals. Best strategy is accumulation near ₹2,380–₹2,420 and profit booking around ₹2,650–₹2,700. A breakout above ₹2,700 would confirm continuation toward ₹2,750+.
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