MAPMYINDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.2

📈 Technical Analysis

• Chart Patterns: Stock is trading far below its 52-week high (2,167 ₹), showing weakness and correction from peak levels.
• Moving Averages: Current price (1,667 ₹) is below both 50 DMA (1,699 ₹) and 200 DMA (1,754 ₹), confirming bearish bias.
• RSI: At 46.5, RSI is neutral to weak, suggesting limited buying strength.
• MACD: Negative (-22.3), showing bearish momentum and trend continuation.
• Bollinger Bands: Price is near the lower band, signaling weakness and possible short-term consolidation.
• Volume Trends: Current volume (48,896) is slightly above 1-week average (42,924), indicating modest participation but not strong conviction.

🎯 Momentum & Trade Zones

• Support Levels: 1,640 ₹ (near-term support), 1,540 ₹ (52-week low).
• Resistance Levels: 1,699 ₹ (50 DMA), 1,754 ₹ (200 DMA), 1,850 ₹ (psychological resistance).
• Entry Zone: 1,640–1,670 ₹ (near support, favorable risk-reward).
• Exit Zone: 1,700–1,750 ₹ (near resistance/top band).
• Trend Status: Reversing downward, currently weak with bearish signals.

✅ Positive

• Strong ROCE (27.6%) and ROE (19.8%) indicate efficient capital use.
• EPS of 27.6 ₹ supports earnings visibility.
• DII holdings increased (+1.01%), showing domestic institutional confidence.
• Low debt-to-equity ratio (0.01) ensures financial stability.

⚠️ Limitation

• High P/E ratio (60.7) compared to industry average (39.9), suggesting premium valuation.
• Quarterly PAT declined sharply (18.5 Cr. vs 50.4 Cr.), showing earnings pressure.
• PEG ratio of 1.99 indicates expensive valuation relative to growth.
• Stock trading at only 20.3% of its 52-week range, reflecting underperformance.

📉 Company Negative News

• FII holdings decreased (-0.73%), showing reduced foreign investor confidence.
• Quarterly profit fell by -40.9%, reflecting operational challenges.

📊 Company Positive News

• DII stake increased significantly, boosting investor sentiment.
• EPS of 27.6 ₹ highlights profitability despite recent earnings decline.
• Company maintains strong balance sheet with negligible debt.

🏭 Industry

• Industry P/E at 39.9, lower than MapmyIndia’s valuation, suggesting premium pricing.
• Digital mapping and geospatial services sector benefiting from rising demand in logistics, navigation, and smart mobility.

📝 Conclusion

• MapmyIndia is in a bearish trend, trading below key moving averages with weak momentum.
• Fundamentals show strong efficiency metrics, but valuations are stretched and earnings have weakened.
• Optimal strategy: Accumulate cautiously near support (1,640–1,670 ₹) and book profits near resistance (1,700–1,750 ₹).
• Short-term outlook: Weak with possible consolidation; long-term outlook depends on earnings recovery and sector demand.