MAPMYINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | MAPMYINDIA | Market Cap | 4,815 Cr. | Current Price | 881 ₹ | High / Low | 2,167 ₹ |
| Stock P/E | 34.4 | Book Value | 157 ₹ | Dividend Yield | 0.40 % | ROCE | 27.6 % |
| ROE | 19.8 % | Face Value | 2.00 ₹ | DMA 50 | 1,194 ₹ | DMA 200 | 1,531 ₹ |
| Chg in FII Hold | -0.73 % | Chg in DII Hold | 0.88 % | PAT Qtr | 22.5 Cr. | PAT Prev Qtr | 18.5 Cr. |
| RSI | 16.6 | MACD | -96.6 | Volume | 7,04,701 | Avg Vol 1Wk | 3,15,878 |
| Low price | 865 ₹ | High price | 2,167 ₹ | PEG Ratio | 1.13 | Debt to equity | 0.01 |
| 52w Index | 1.22 % | Qtr Profit Var | -31.0 % | EPS | 25.7 ₹ | Industry PE | 36.5 |
📊 Chart & Trend Analysis: MAPMYINDIA is trading at ₹881, well below its 50 DMA (₹1,194) and 200 DMA (₹1,531), indicating strong short-term weakness. RSI at 16.6 suggests extreme oversold conditions, while MACD at -96.6 confirms strong bearish momentum. Bollinger Bands show price near the lower band, signaling heavy pressure but potential for a technical rebound.
📈 Momentum Signals: Volume (7.04L) is higher than 1-week average (3.15L), showing strong participation despite weak price action. RSI and MACD together highlight bearish momentum, though oversold levels may trigger a short-term bounce.
💹 Entry Zone: Strong support lies around ₹865–₹880. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹1,194 (50 DMA) and ₹1,531 (200 DMA). A breakout above ₹1,531 would confirm reversal and open upside toward ₹1,700–₹1,900.
🔎 Trend Status: The stock is reversing downward and currently oversold. Sustained move above ₹1,194–₹1,531 backed by volume is required to regain bullish momentum.
Positive
- Strong ROCE (27.6%) and ROE (19.8%) highlight efficient capital use.
- EPS at ₹25.7 provides earnings strength.
- Low debt-to-equity ratio (0.01) ensures financial stability.
- Quarterly PAT growth (₹22.5 Cr vs ₹18.5 Cr) shows sequential improvement.
Limitation
- Stock trading well below both 50 DMA and 200 DMA indicates weak technicals.
- Extremely low RSI (16.6) highlights oversold conditions but also strong bearish sentiment.
- PEG ratio (1.13) suggests moderate valuation comfort but limited growth visibility.
Company Negative News
- FII holding decreased (-0.73%), showing reduced foreign investor confidence.
- Quarterly profit variation (-31.0%) highlights earnings volatility.
Company Positive News
- DII holding increased (+0.88%), showing strong domestic confidence.
- Sequential PAT growth reflects operational improvement despite YoY decline.
Industry
- Digital mapping and geospatial services sector benefits from rising demand in logistics, navigation, and smart mobility.
- Industry P/E at 36.5 indicates MAPMYINDIA trades at a slight discount (P/E 34.4).
Conclusion
⚖️ MAPMYINDIA is fundamentally strong with high ROCE/ROE and low debt, but technically weak and oversold in the short term. Entry near ₹865–₹880 offers favorable risk-reward, while breakout above ₹1,531 is needed for bullish confirmation. Long-term investors may accumulate cautiously, while traders should wait for volume-backed reversal signals.
Would you like me to extend this into a peer benchmarking overlay with Info Edge, Zomato, and Delhivery so you can compare MAPMYINDIA’s momentum against the broader tech-enabled services sector rotation?