NAM-INDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | NAM-INDIA | Market Cap | 69,318 Cr. | Current Price | 1,086 ₹ | High / Low | 1,125 ₹ |
| Stock P/E | 46.3 | Book Value | 69.3 ₹ | Dividend Yield | 1.98 % | ROCE | 45.2 % |
| ROE | 35.5 % | Face Value | 10.0 ₹ | DMA 50 | 996 ₹ | DMA 200 | 890 ₹ |
| Chg in FII Hold | -0.55 % | Chg in DII Hold | 0.94 % | PAT Qtr | 383 Cr. | PAT Prev Qtr | 391 Cr. |
| RSI | 57.6 | MACD | 33.8 | Volume | 9,06,896 | Avg Vol 1Wk | 10,66,545 |
| Low price | 712 ₹ | High price | 1,125 ₹ | PEG Ratio | 1.66 | Debt to equity | 0.01 |
| 52w Index | 90.6 % | Qtr Profit Var | 29.4 % | EPS | 23.5 ₹ | Industry PE | 30.0 |
📊 Chart Analysis: NAM-INDIA is trading at ₹1,086, comfortably above its 50 DMA (₹996) and 200 DMA (₹890), confirming a strong bullish trend. RSI at 57.6 indicates neutral momentum, leaving room for further upside. MACD at 33.8 shows a positive crossover, reinforcing bullish sentiment. Bollinger Bands suggest moderate volatility, with price near the upper band. Current volume (9,06,896) is slightly below the 1-week average (10,66,545), hinting at mild consolidation.
📈 Momentum Signals: The stock shows short-term bullish momentum supported by moving averages and MACD. RSI is balanced, suggesting potential continuation without immediate overbought risk.
💹 Entry & Exit Zones:
- ✅ Optimal Entry: ₹1,050–₹1,070 (support near 50 DMA)
- 🚀 Target Exit: ₹1,120–₹1,140 (resistance near recent highs)
- ⚠️ Stop Loss: ₹1,020 (below short-term support)
🔎 Trend Status: The stock is trending upward with strong support from moving averages, though short-term consolidation may occur near resistance.
Positive
- 📌 Strong ROCE (45.2%) and ROE (35.5%) highlight efficient capital usage.
- 📌 Low debt-to-equity ratio (0.01) ensures financial resilience.
- 📌 EPS of ₹23.5 with quarterly profit variation of 29.4% shows earnings growth.
Limitation
- ⚠️ High P/E ratio (46.3) compared to industry average (30.0) suggests overvaluation.
- ⚠️ Quarterly PAT declined slightly (383 Cr vs 391 Cr).
- ⚠️ FII holdings decreased (-0.55%), showing reduced foreign investor interest.
Company Negative News
- 📉 Minor decline in quarterly profits raises growth concerns.
- 📉 Elevated valuation could limit near-term upside potential.
Company Positive News
- 📈 Dividend yield of 1.98% supports investor returns.
- 📈 Technical indicators confirm bullish momentum.
- 📈 DII holdings increased (+0.94%), reflecting domestic institutional confidence.
Industry
- 🏦 Industry P/E at 30.0 shows NAM-INDIA trades at a premium.
- 🏦 Asset management sector benefits from rising retail participation in equity markets.
Conclusion
✅ NAM-INDIA is in a strong uptrend, supported by moving averages, MACD, and institutional confidence. While high valuation and slight profit decline are cautionary, momentum remains positive. Traders may consider entry near ₹1,050–₹1,070 with exits around ₹1,120–₹1,140, while long-term investors should weigh valuation risks against strong ROE and ROCE.
If you’d like, I can prepare a peer comparison against other asset management companies or a sector outlook to put this performance in broader context.