MFSL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | MFSL | Market Cap | 54,725 Cr. | Current Price | 1,586 ₹ | High / Low | 1,892 ₹ |
| Book Value | 195 ₹ | Dividend Yield | 0.00 % | ROCE | -0.13 % | ROE | -0.14 % |
| Face Value | 2.00 ₹ | DMA 50 | 1,643 ₹ | DMA 200 | 1,597 ₹ | Chg in FII Hold | 2.75 % |
| Chg in DII Hold | -2.61 % | PAT Qtr | 1.65 Cr. | PAT Prev Qtr | -3.40 Cr. | RSI | 43.3 |
| MACD | -10.1 | Volume | 4,32,339 | Avg Vol 1Wk | 4,35,074 | Low price | 1,247 ₹ |
| High price | 1,892 ₹ | Debt to equity | 0.00 | 52w Index | 52.5 % | Qtr Profit Var | 205 % |
| EPS | -0.20 ₹ | Industry PE | 70.0 |
📊 Max Financial Services (MFSL) is trading below both its 50 DMA (₹1,643) and 200 DMA (₹1,597), reflecting short-term and medium-term weakness. RSI at 43.3 indicates bearish momentum, while MACD (-10.1) confirms negative divergence. Bollinger Bands suggest price near the lower band, signaling oversold conditions. Current volume (4.32 lakh) is in line with the 1-week average (4.35 lakh), showing steady but weak participation.
💡 Optimal Entry: ₹1,550–₹1,570 (near support zone)
🚪 Exit if Holding: Profit-taking zone around ₹1,620–₹1,650; Stop-loss below ₹1,540
📈 Trend Status: Reversing downward with bearish undertone
✅ Positive
- PAT turned positive (₹-3.40 Cr → ₹1.65 Cr)
- Debt-free balance sheet (Debt-to-equity 0.00)
- FII holdings increased (+2.75%)
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA
- Negative ROE (-0.14%) and ROCE (-0.13%)
- EPS negative (-₹0.20), reflecting weak profitability
- No dividend yield (0.00%)
- MACD negative, signaling weak momentum
📉 Company Negative News
- DII holdings decreased (-2.61%)
- Profitability metrics remain weak despite PAT improvement
📈 Company Positive News
- PAT turned positive after losses in the previous quarter
- FII holdings increased, reflecting foreign investor confidence
🏭 Industry
- Industry PE at 70.0, MFSL trades at a discount but with weak fundamentals
- Financial services sector supported by insurance demand, but profitability remains key
🔎 Conclusion
MFSL is reversing downward with weak fundamentals and limited upside. While PAT recovery and FII interest are positives, negative ROE/ROCE and EPS reflect poor profitability. Entry near ₹1,550–₹1,570 offers a cautious setup, while exits around ₹1,620–₹1,650 are advisable. Suitable only for short-term swing trades; long-term investors should avoid fresh entry until earnings stabilize.