MSUMI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | MSUMI | Market Cap | 26,315 Cr. | Current Price | 39.7 ₹ | High / Low | 53.6 ₹ |
| Stock P/E | 42.1 | Book Value | 3.26 ₹ | Dividend Yield | 1.43 % | ROCE | 38.9 % |
| ROE | 32.4 % | Face Value | 1.00 ₹ | DMA 50 | 40.4 ₹ | DMA 200 | 42.1 ₹ |
| Chg in FII Hold | -0.40 % | Chg in DII Hold | 0.24 % | PAT Qtr | 167 Cr. | PAT Prev Qtr | 149 Cr. |
| RSI | 46.8 | MACD | -0.06 | Volume | 30,94,930 | Avg Vol 1Wk | 48,54,620 |
| Low price | 35.7 ₹ | High price | 53.6 ₹ | PEG Ratio | 4.83 | Debt to equity | 0.11 |
| 52w Index | 22.6 % | Qtr Profit Var | 1.44 % | EPS | 0.94 ₹ | Industry PE | 27.0 |
📈 Chart & Trend: MSUMI is trading at 39.7 ₹, below its 50 DMA (40.4 ₹) and 200 DMA (42.1 ₹), showing mild weakness. The price is hovering near support at 38–39 ₹, with resistance around 42–44 ₹.
🔎 Momentum Signals: RSI at 46.8 indicates neutral momentum leaning bearish. MACD at -0.06 reflects a weak bearish crossover. Entry zone: 38–39 ₹. Exit zone: 42–44 ₹.
📊 Volume Trends: Current volume (30.9 Lakh) is below the 1-week average (48.5 Lakh), suggesting reduced participation and consolidation.
📉 Bollinger Bands: Bands are moderately tight, pointing to range-bound movement with limited volatility expansion.
📌 Trend Status: The stock is consolidating near support levels with weak short-term momentum.
Positive
- Strong ROCE (38.9%) and ROE (32.4%) highlight efficient capital use.
- Low debt-to-equity (0.11) ensures financial stability.
- Quarterly PAT growth (167 Cr. vs 149 Cr.) shows earnings improvement.
- Dividend yield of 1.43% provides steady shareholder returns.
Limitation
- High P/E (42.1) compared to industry average (27.0) indicates overvaluation.
- PEG ratio of 4.83 suggests limited growth relative to valuation.
- Weak RSI and negative MACD signal short-term bearishness.
- Volume below average indicates lack of strong buying interest.
- EPS at 0.94 ₹ remains modest compared to valuation multiples.
Company Negative News
- Decline in FII holding (-0.40%) reflects reduced foreign investor confidence.
Company Positive News
- Improved quarterly profits with 1.44% variation.
- DII holdings increased (+0.24%), showing domestic institutional support.
Industry
- Industry PE at 27.0 indicates sector is moderately valued compared to MSUMI’s premium valuation.
- Automobile component sector showing steady demand recovery.
Conclusion
MSUMI is consolidating near support levels with weak momentum signals. Strong fundamentals support long-term stability, but overvaluation and low volume trends limit upside potential. Best suited for cautious entry near 38–39 ₹ with profit booking around 42–44 ₹.
This places MSUMI in a consolidating phase with weak momentum. To deepen the perspective, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight relative strength against competitors.