NATIONALUM - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | NATIONALUM | Market Cap | 73,337 Cr. | Current Price | 399 ₹ | High / Low | 445 ₹ |
| Stock P/E | 12.6 | Book Value | 119 ₹ | Dividend Yield | 2.63 % | ROCE | 39.2 % |
| ROE | 29.2 % | Face Value | 5.00 ₹ | DMA 50 | 396 ₹ | DMA 200 | 312 ₹ |
| Chg in FII Hold | 2.60 % | Chg in DII Hold | -1.60 % | PAT Qtr | 1,718 Cr. | PAT Prev Qtr | 1,601 Cr. |
| RSI | 44.1 | MACD | 11.3 | Volume | 1,80,94,680 | Avg Vol 1Wk | 1,02,22,488 |
| Low price | 149 ₹ | High price | 445 ₹ | PEG Ratio | 0.23 | Debt to equity | 0.00 |
| 52w Index | 84.5 % | Qtr Profit Var | -17.4 % | EPS | 31.7 ₹ | Industry PE | 20.1 |
📈 Chart & Trend: NATIONALUM is trading above its 50 DMA (396 ₹) and well above its 200 DMA (312 ₹), confirming strong bullish momentum. RSI at 44.1 indicates neutral-to-oversold recovery zone, while MACD at 11.3 shows a positive crossover supporting upward momentum. Bollinger Bands are moderately tight, suggesting consolidation with potential breakout.
🔎 Momentum Signals: Short-term momentum is positive with price stabilizing near support. Strong support lies at 390–395 ₹, while resistance is seen at 410–420 ₹. Entry zone: 390–395 ₹. Exit zone: 410–420 ₹.
📊 Volume Trends: Current volume (1.80 Cr.) is significantly higher than the 1-week average (1.02 Cr.), indicating strong participation and accumulation interest.
Positive
- Strong ROCE (39.2%) and ROE (29.2%) highlight excellent operational efficiency.
- Low P/E (12.6) compared to industry average (20.1) makes valuation attractive.
- Dividend yield of 2.63% provides steady shareholder returns.
- Debt-free balance sheet ensures financial stability.
- FII holdings increased (+2.60%), reflecting strong foreign investor confidence.
Limitation
- Quarterly profit variation (−17.4%) indicates earnings pressure.
- DII holdings declined (−1.60%), showing weaker domestic institutional sentiment.
- Price near 52-week high (84.5% index) may limit immediate upside potential.
Company Negative News
- Sequential PAT growth slowed (1,718 Cr. vs 1,601 Cr.), raising concerns about sustainability.
- DII outflows highlight cautious domestic sentiment.
Company Positive News
- EPS of 31.7 ₹ supports valuation comfort.
- Strong FII inflows (+2.60%) highlight foreign confidence in fundamentals.
Industry
- Industry PE at 20.1 highlights NATIONALUM trades at a discount (P/E 12.6).
- Metals and mining sector benefiting from global demand recovery and infrastructure growth.
Conclusion
⚖️ NATIONALUM is trending upward with strong technical signals supported by price above averages, attractive valuation, and foreign inflows. Entry near 390–395 ₹ offers favorable risk-reward, while resistance lies at 410–420 ₹. Despite earnings pressure and DII outflows, fundamentals remain strong, making it suitable for accumulation with profit booking near resistance levels.