MUTHOOTFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | MUTHOOTFIN | Market Cap | 1,32,394 Cr. | Current Price | 3,297 ₹ | High / Low | 4,150 ₹ |
| Stock P/E | 13.1 | Book Value | 940 ₹ | Dividend Yield | 0.91 % | ROCE | 16.0 % |
| ROE | 30.6 % | Face Value | 10.0 ₹ | DMA 50 | 3,439 ₹ | DMA 200 | 3,292 ₹ |
| Chg in FII Hold | 0.56 % | Chg in DII Hold | -0.70 % | PAT Qtr | 3,086 Cr. | PAT Prev Qtr | 2,656 Cr. |
| RSI | 42.3 | MACD | -43.6 | Volume | 3,74,954 | Avg Vol 1Wk | 7,48,172 |
| Low price | 2,058 ₹ | High price | 4,150 ₹ | PEG Ratio | 0.30 | Debt to equity | 3.67 |
| 52w Index | 59.2 % | Qtr Profit Var | 105 % | EPS | 252 ₹ | Industry PE | 18.7 |
📈 Chart & Trend: MUTHOOTFIN is trading at 3,297 ₹, below its 50 DMA (3,439 ₹) but near its 200 DMA (3,292 ₹), indicating short-term weakness with long-term support. Price action suggests consolidation near support at 3,250–3,270 ₹, with resistance around 3,400–3,450 ₹.
🔎 Momentum Signals: RSI at 42.3 reflects weak momentum. MACD at -43.6 shows bearish crossover pressure. Entry zone: 3,250–3,270 ₹. Exit zone: 3,400–3,450 ₹.
📊 Volume Trends: Current volume (3.75 Lakh) is significantly below the 1-week average (7.48 Lakh), indicating reduced participation and cautious sentiment.
📉 Bollinger Bands: Bands are moderately tight, suggesting limited volatility and range-bound trading.
📌 Trend Status: The stock is consolidating with weak short-term momentum but supported by strong fundamentals.
Positive
- Strong ROE (30.6%) and ROCE (16.0%) highlight efficient capital use.
- PEG ratio of 0.30 indicates attractive valuation relative to growth.
- Quarterly PAT surged to 3,086 Cr. vs 2,656 Cr., showing robust earnings growth.
- EPS of 252 ₹ reflects strong profitability.
Limitation
- High debt-to-equity ratio (3.67) indicates leveraged balance sheet.
- Stock trading below 50 DMA signals short-term weakness.
- RSI and MACD both point to bearish momentum.
- Volume below average reflects weak investor interest.
Company Negative News
- DII holdings declined (-0.70%), showing reduced domestic institutional support.
Company Positive News
- FII holdings increased (+0.56%), reflecting foreign investor confidence.
- Quarterly profit variation (+105%) highlights strong earnings momentum.
Industry
- Industry PE at 18.7 indicates sector is moderately valued compared to MUTHOOTFIN’s lower P/E (13.1), making it attractive on valuation.
- NBFC sector benefiting from rising credit demand and gold-backed lending growth.
Conclusion
MUTHOOTFIN is consolidating near support levels with weak momentum signals. Strong fundamentals, attractive valuation, and robust earnings growth support long-term stability, though high leverage and short-term weakness limit immediate upside. Best suited for cautious accumulation near 3,250–3,270 ₹ with profit booking around 3,400–3,450 ₹.
This positions MUTHOOTFIN in a consolidating phase with strong fundamentals but short-term weakness. For deeper insight, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight its relative strength against other NBFC peers.