NAM-INDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | NAM-INDIA | Market Cap | 56,066 Cr. | Current Price | 879 ₹ | High / Low | 1,009 ₹ |
| Stock P/E | 39.7 | Book Value | 65.4 ₹ | Dividend Yield | 2.04 % | ROCE | 41.6 % |
| ROE | 32.0 % | Face Value | 10.0 ₹ | DMA 50 | 888 ₹ | DMA 200 | 837 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | 0.88 % | PAT Qtr | 391 Cr. | PAT Prev Qtr | 338 Cr. |
| RSI | 50.0 | MACD | -17.2 | Volume | 7,04,652 | Avg Vol 1Wk | 4,74,470 |
| Low price | 456 ₹ | High price | 1,009 ₹ | PEG Ratio | 1.92 | Debt to equity | 0.02 |
| 52w Index | 76.5 % | Qtr Profit Var | 32.2 % | EPS | 22.2 ₹ | Industry PE | 27.5 |
📉 Chart & Trend: NAM-INDIA is trading at ₹879, slightly below the 50 DMA (₹888) but above the 200 DMA (₹837), indicating consolidation with mild weakness. RSI at 50.0 shows neutral momentum, while MACD at -17.2 reflects negative crossover. Bollinger Bands suggest price is mid-range, showing sideways movement with limited volatility.
📊 Volume: Current volume (7.0 L) is higher than the 1-week average (4.7 L), showing strong participation and active trading interest.
📈 Momentum Signals: Short-term momentum is neutral-to-weak. Support levels are seen at ₹860–₹870 and strong support at ₹837 (200 DMA). Resistance lies at ₹888–₹900 (50 DMA zone) and ₹1,009 (recent high).
🎯 Entry Zone: ₹860–₹870 (risk-managed entry zone).
🚪 Exit Zone: ₹888–₹900 (profit-taking zone near resistance).
🔎 Trend Status: Consolidation. The stock is consolidating between support and resistance levels, with neutral RSI and weak MACD signaling caution.
Positive
- Strong ROCE (41.6%) and ROE (32.0%) show excellent capital efficiency.
- Dividend yield of 2.04% adds investor appeal.
- EPS at ₹22.2 reflects consistent earnings power.
- FII holding increased by 0.25% and DII holding by 0.88%, showing institutional confidence.
Limitation
- High P/E (39.7) compared to industry average (27.5) indicates overvaluation.
- PEG ratio of 1.92 suggests moderately expensive growth prospects.
- Price trading below 50 DMA reflects short-term technical weakness.
Company Negative News
- MACD at -17.2 shows bearish crossover, limiting near-term upside.
- Valuation stretched compared to industry peers.
Company Positive News
- PAT improved to ₹391 Cr from ₹338 Cr, showing earnings growth.
- Quarterly profit variation at 32.2% highlights sequential improvement.
- Strong institutional inflows (FII and DII) reflect confidence in fundamentals.
Industry
- Industry PE at 27.5 is lower than NAM-INDIA’s P/E of 39.7, suggesting relative overvaluation.
- Asset management sector benefits from rising retail participation and long-term savings growth but faces cyclical risks tied to market volatility.
Conclusion
⚠️ NAM-INDIA is in a consolidation phase, trading below the 50 DMA but above the 200 DMA, with neutral RSI and weak MACD. Fundamentals show strong efficiency, dividend yield, and institutional support, but stretched valuations and short-term technical weakness limit upside. Short-term traders may consider entries near ₹860–₹870 with exits around ₹888–₹900, while long-term investors should wait for valuation correction and stronger momentum before fresh accumulation.
Would you like me to extend this into a peer benchmarking overlay against other asset management companies like HDFC AMC, UTI AMC, and Aditya Birla AMC? That would highlight whether NAM-INDIA’s consolidation is sector-driven or company-specific.