3M India Ltd.
Share Price Target & Analysis

NSE:3MINDIA

28846.79

VWAP

28942.65

Open

28879.4

Close

29199.00

High

28650.00

Low

39876.10

52 Week High

28650.00
-229.40 (-0.79%)

3MINDIA

(DIVERSIFIED)
33.5% Momentum

Turnaround Potential

23001.00

52 Week Low

442.34

EPS

45.00

PE

16.57

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: 3MINDIA Share Price Financial Analysis & Valuation

3M India Ltd. (3MINDIA) is broadly categorized in DIVERSIFIED segment industry which deals in Diversified vertical. It is one of Mid Cap company with Market Capitalization of Rs 27092.5 (in Cr). Total number of free float shares are 1.1 (in Lacs). 3M India Ltd. is listed on NSE with Exchange ID - INE470A01017 and trading code is NSE:3MINDIA with short name 3M India.

In the past 1 year, 3M India Ltd. has declared an equity dividend of Rs 950 per share. At the current share price of 3MINDIA at Rs 28650.00, this results in a dividend yield of 3.32 %.

As per the Fundamental Analysis of NSE:3MINDIA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine 3MINDIA underlying value and future prospects. All of this data is available in 3MINDIA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:3MINDIA, it is clearly understood that 3MINDIA is Economical performer in terms of earnings and profit margins with an EPS of 442.34. NSE:3MINDIA book value per share as of today is 1729.10. The current price to book ratio for 3MINDIA as of May 15, 2024 is 16.57.

Valuation of the Stock: The current valuation of 3MINDIA stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of 3MINDIA whether to BUY this stock at current valuation. The delivery percentage of 3MINDIA is 70.91% is very crucial parameter which shows that 70.91% investors are anticipating that the price of 3MINDIA share should go up with VWAP at 28846.79.

Now, the main question is whether to BUY or SELL, NSE:3MINDIA at current valuation.
As per latest Analysis No. #572:-

STRONG BUY 3MINDIA if All Greens

BUY 3MINDIA (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD 3MINDIA (With Stop Loss) if only 1 Green

SELL 3MINDIA if NO Green Indicator

NSE: 3MINDIA Share Price Today (May 15, 2024)

(3M India Ltd. Daily Analysis on the basis of 3MINDIA Intraday Graph & Trend)

3M India Ltd. share price moved Down by -0.79% from its previous close of Rs 28879.4. 3MINDIA stock last traded price is 28650.00. 3MINDIA share price trend is Down with a total of 1347 stocks traded till now. It has touched an intraday high of Rs 29199.00 and an intraday low of Rs 28650.00. The 3MINDIA trading at 28650.00, Down by Rs. -229.40, or -0.79 percent which suggests that most of the Traders are anticipating that the price of 3MINDIA share should go Down.

NSE: 3MINDIA Share Price Tomorrow Prediction

(3M India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of 3MINDIA)

3M India Ltd. share price moved Down by -0.79%. 3MINDIA share price short term trend is Down. It suggests that 3MINDIA Share Price for Tomorrow remains the same with VWAP at 28846.79 will be treated as stop loss for intraday traders. 3M India Ltd. Long term investors can follow the 3MINDIA long term trend as mentiond in future forecast table.

NSE Code

NSE: 3MINDIA

3MINDIA Share Price Today

28650.00

3MINDIA Share Price Target Prediction for 2024 ^

24114.5 - 33382.8

3MINDIA Share Price Target Prediction for 2025*^

33382.8 - 42691.4

3MINDIA Share Price Target Prediction for 2026*^

42691.4 - 45679.8

3MINDIA Share Price Target Prediction for 2027*^

47964

3MINDIA Share Price Target Prediction for 2028*^

49334

3MINDIA Share Price Target Prediction for 2030*^

53774
3MINDIA Current Book Value 2023
1720.5

*3M India Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.

^3MINDIA share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

3MINDIA Technical Analysis

Candlestick Pattern: @30024.1

3MINDIA Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 30001.3 BUY 29968.4 BUY
MA_12 29795.6 BUY 29941.9 BUY
MA_20 30014.1 BUY 30019.1 BUY
MA_32 30117 SELL 30270.4 SELL
MA_50 30395.6 SELL 30563.9 SELL
MA_100 31851.6 SELL 30909.7 SELL
MA_200 30962.1 SELL 30146.9 SELL

3MINDIA Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 30014.1 Uptrend
MACD 72.58 BUY
ADX 13.92 NO or Weak Trend
DMI (+/-) 19.08 / 18.62 Uptrend

3MINDIA Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 48.49 Neutral
STOCHASTIC_K (Fast) 43.01 Neutral
STOCHASTIC_D (Slow) 50.46 Neutral
CCI 33.94 Neutral
PSAR 29169.2 BUY
TRUE RANGE 724.4 BUY
ATR 726.58 BUY
WILLIAMS R -37.7 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 55.64 Neutral
STOCHASTIC RSI D 51.47 Neutral
MOMENTUM -463.1 SELL

3MINDIA Last 1 Year Trend

Duration Value
1 Year 34.66%
3 Months -11.25%
1 Month -1.52%
1 Week 0.64%

3MINDIA Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 40%
NEUTRAL / HOLD 30%
SELL 30%

Most popular Questions & Answers about 3MINDIA


3M India Ltd. stock last traded price is 28650.00. 3MINDIA share price moved Down by -0.79% from its previous close of Rs 28879.4.

3M India Ltd. share price trend is Down with a total of 1347 stocks traded till now. It has touched an intraday high of Rs 40274.861 and an intraday low of Rs 28650.00. The 3MINDIA trading at 28650.00, Down by Rs. -229.40, or -0.79 percent which suggests that most of the Traders are anticipating that the price of 3MINDIA share should go Down and the Stop Loss will be around 28846.79.

The market cap of 3M India Ltd. is ₹27092.5 (in Cr) as of May 14, 2024.

The current price to earning ratio for 3M India Ltd. as of May 14, 2024 is 45.00.

The current price to book ratio for 3M India Ltd. as of May 14, 2024 is 16.57.

The highest price of 3M India Ltd. stock is ₹39876.10 in the last 52-week.

The lowest price of 3M India Ltd. stock is ₹23001.00 in the last 52-week.

3M India Ltd. share trading at ₹28650.00, Down by Rs. -229.40, or -0.79 percent which suggests that most of the traders are anticipating that the price of 3MINDIA share should go Down.

In 2023, Stock price target for 3M India Ltd. (3MINDIA) are ₹24114.5 on downside and ₹33382.8 on upside. 3M India Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for 3M India Ltd. (3MINDIA) are ₹33382.8 on downside and ₹42691.4 on upside. 3M India Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for 3M India Ltd. (3MINDIA) are ₹42691.4 on downside and ₹45679.8 on upside. 3M India Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for 3M India Ltd. (3MINDIA) will be around ₹49334 3M India Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of 3MINDIA.

As per the fundamental analysis of 3M India Ltd. (3MINDIA), it is of Economical quality in terms of earnings and profit margins with an EPS of 442.34. 3M India Ltd. book value per share as of today is 1729.10. The current price to book ratio for 3MINDIA as of May 15, 2024 is 16.57.


NSE:3MINDIA News & Other Useful Information about 3MINDIA Share Price


Peer Comparison of NSE: 3MINDIA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Diversified

Company Price EPS BV
ITC 429.00 16.41 54.15
GRASIM 2400.75 22.29 765.03
DCMSRIND 978.75 27.33 421.72
SRF 2300.15 46.35 354.65
VOLTAS 1310.05 18.26 226.62
STARHEALTH 540.00 14.44 107.5
DIL 8.05 0 11.38
3MINDIA 28650.00 442.34 1729.1
GICRE 332.20 36.59 239.27
IEX 146.85 3.69 8.8
Updated at: 15 May 2024 09:31

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