NAM-INDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

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Technical Rating: 3.9

Technical Analysis Summary

• Trend: Consolidating with mild bullish bias
• Moving Averages: Price (₹876) is above DMA 50 (₹864) and DMA 200 (₹764), indicating medium-term strength
• RSI (46.9): Neutral zone, suggesting indecision in momentum
• MACD (12.3): Mild bullish crossover, hinting at potential upside
• Bollinger Bands: Price near mid-band, indicating range-bound movement
• Volume: Below average (15.7L vs 23.8L), showing reduced participation

Entry & Exit Zones

• Support: ₹850 – ₹865 (near DMA 50 and recent base)
• Resistance: ₹900 – ₹920 (recent swing highs)
• Optimal Entry: ₹860 – ₹875 on pullback with MACD support
• Exit Zone: ₹900 – ₹920 if price stalls near resistance

Positive

• Strong ROCE (41.6%) and ROE (32.0%) indicate excellent capital efficiency
• EPS of ₹20.7 and healthy dividend yield of 1.96%
• Price up 79.0% over 52 weeks
• Low debt-to-equity ratio (0.02) supports financial stability

Limitation

• High P/E of 42.4 vs industry average of 30.7 suggests premium valuation
• PEG ratio of 2.04 indicates moderate overvaluation relative to growth
• Quarterly PAT decline from ₹385 Cr. to ₹338 Cr. (-1.54%)
• Negative DII sentiment (-0.50%) and below-average volume

Company Negative News

• Concerns over slowing AUM growth and competitive pressure in asset management space

Company Positive News

• Strong brand presence and consistent profitability in mutual fund business
• Positive FII sentiment (+0.06%) and strategic digital initiatives

Industry

• NAM-INDIA operates in the asset management and financial services sector
• Peers include HDFC AMC, UTI AMC, and Nippon Life India

Conclusion

NAM-INDIA is currently consolidating with mild bullish signals supported by strong fundamentals. While valuation appears stretched and volume is subdued, technical indicators suggest potential for upside. Traders may consider entry near ₹865 with targets around ₹920, watching RSI and MACD for confirmation of momentum.