NAM-INDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | NAM-INDIA | Market Cap | 64,447 Cr. | Current Price | 1,010 ₹ | High / Low | 1,065 ₹ |
| Stock P/E | 43.0 | Book Value | 69.3 ₹ | Dividend Yield | 1.78 % | ROCE | 45.2 % |
| ROE | 35.5 % | Face Value | 10.0 ₹ | DMA 50 | 928 ₹ | DMA 200 | 860 ₹ |
| Chg in FII Hold | -0.55 % | Chg in DII Hold | 0.94 % | PAT Qtr | 383 Cr. | PAT Prev Qtr | 391 Cr. |
| RSI | 57.8 | MACD | 38.4 | Volume | 20,28,794 | Avg Vol 1Wk | 20,48,932 |
| Low price | 613 ₹ | High price | 1,065 ₹ | PEG Ratio | 1.54 | Debt to equity | 0.01 |
| 52w Index | 87.8 % | Qtr Profit Var | 29.4 % | EPS | 23.5 ₹ | Industry PE | 31.6 |
📈 Chart & Trend: NAM-INDIA is trading well above its 50 DMA (928 ₹) and 200 DMA (860 ₹), confirming strong bullish momentum. RSI at 57.8 indicates healthy momentum without being overbought, while MACD at 38.4 shows a strong bullish crossover. Bollinger Bands are moderately expanded, suggesting active volatility with potential continuation of trend. The stock is trending upward with stable signals.
🔎 Momentum Signals: Entry zone is favorable near 995–1,000 ₹ support. Resistance lies at 1,050–1,065 ₹. A breakout above 1,065 ₹ could extend toward 1,080–1,100 ₹, while a breakdown below 980 ₹ risks pullback toward 950–960 ₹.
📊 Volume Trends: Current volume (20.2 lakh) is in line with the 1-week average (20.4 lakh), indicating steady participation and balanced momentum.
Positive
- Strong ROCE (45.2%) and ROE (35.5%) highlight excellent efficiency.
- EPS of 23.5 ₹ supports valuation comfort.
- Dividend yield of 1.78% provides shareholder returns.
- DII holdings increased (+0.94%), showing domestic institutional support.
- Stock trading near 52-week high (87.8% index), confirming strong momentum.
Limitation
- High P/E (43.0) compared to industry average (31.6) suggests overvaluation.
- Quarterly PAT declined slightly (383 Cr. vs 391 Cr.), raising earnings concerns.
- FII holdings reduced (−0.55%), showing weaker foreign sentiment.
Company Negative News
- Sequential PAT decline highlights earnings pressure.
- Foreign investor outflows (−0.55%) reduce confidence.
Company Positive News
- DII inflows (+0.94%) reflect strong domestic confidence.
- Quarterly profit variation (+29.4%) highlights operational resilience.
Industry
- Industry PE at 31.6 highlights NAM-INDIA trades at a premium.
- Financial services sector outlook remains positive, supported by rising retail participation and asset management growth.
Conclusion
⚖️ NAM-INDIA is trending upward with strong technical signals supported by price above averages, robust fundamentals, and domestic inflows. Entry near 995–1,000 ₹ offers favorable risk-reward, while resistance lies at 1,050–1,065 ₹. Overvaluation and weak foreign sentiment are key risks. Suitable for accumulation with profit booking near resistance levels.