NATIONALUM - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | NATIONALUM | Market Cap | 75,155 Cr. | Current Price | 409 ₹ | High / Low | 445 ₹ |
| Stock P/E | 12.9 | Book Value | 119 ₹ | Dividend Yield | 2.57 % | ROCE | 39.2 % |
| ROE | 29.2 % | Face Value | 5.00 ₹ | DMA 50 | 400 ₹ | DMA 200 | 325 ₹ |
| Chg in FII Hold | 2.60 % | Chg in DII Hold | -1.60 % | PAT Qtr | 1,718 Cr. | PAT Prev Qtr | 1,601 Cr. |
| RSI | 51.1 | MACD | -1.18 | Volume | 49,13,020 | Avg Vol 1Wk | 65,43,927 |
| Low price | 176 ₹ | High price | 445 ₹ | PEG Ratio | 0.23 | Debt to equity | 0.00 |
| 52w Index | 86.6 % | Qtr Profit Var | -17.4 % | EPS | 31.7 ₹ | Industry PE | 18.0 |
📈 Chart & Trend: NATIONALUM is trading at 409 ₹, above its 50 DMA (400 ₹) and 200 DMA (325 ₹), confirming strong technical strength. Support lies at 400–405 ₹, with resistance around 430–440 ₹.
🔎 Momentum Signals: RSI at 51.1 indicates neutral momentum leaning bullish. MACD at -1.18 shows mild bearish crossover pressure, suggesting caution. Entry zone: 400–405 ₹. Exit zone: 430–440 ₹.
📊 Volume Trends: Current volume (49.1 Lakh) is below the 1-week average (65.4 Lakh), reflecting reduced participation and cautious sentiment.
📉 Bollinger Bands: Bands are moderately tight, pointing to consolidation with potential breakout attempts.
📌 Trend Status: The stock is consolidating near support levels with mild bullish bias but limited momentum strength.
Positive
- Strong ROCE (39.2%) and ROE (29.2%) highlight superior capital efficiency.
- Debt-free balance sheet (0.00 debt-to-equity) ensures financial stability.
- Dividend yield of 2.57% provides steady shareholder returns.
- EPS of 31.7 ₹ supports profitability.
- FII holdings increased (+2.60%), reflecting strong foreign investor confidence.
Limitation
- MACD shows mild bearish crossover, limiting short-term upside.
- Quarterly profit variation (-17.4%) highlights earnings pressure.
- Volume below average reflects weak investor conviction.
- DII holdings declined (-1.60%), showing reduced domestic institutional support.
Company Negative News
- Sequential profit decline raises concerns about earnings stability.
- Domestic institutional investors reduced exposure.
Company Positive News
- FII inflows (+2.60%) reflect strong foreign institutional confidence.
- Stock remains resilient above key moving averages despite earnings pressure.
Industry
- Industry PE at 18.0 suggests sector is moderately valued compared to NATIONALUM’s lower P/E (12.9), making it attractive on valuation.
- Metals and mining sector benefiting from infrastructure demand and commodity price recovery.
Conclusion
NATIONALUM is consolidating near support levels with neutral-to-bullish momentum. Strong fundamentals, debt-free status, and attractive valuation support long-term stability, though earnings pressure and weak volume limit immediate upside. Best suited for cautious entry near 400–405 ₹ with profit booking around 430–440 ₹.
NATIONALUM is in a consolidating phase with valuation appeal. To broaden the view, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight its position against metals and mining peers.