Manorama Indust. (MANORAMA) Share News & Alerts
Every article that mentions MANORAMA is analysed by our AI, which assigns a sentiment and tracks the actual price move after the alert fires.
Manorama Inds drops after Q4 PAT slumps 13% QoQ to Rs 59 cr
▼ Bearish +7.26%
The stock is reacting to a sequential decline in profitability, with standalone PAT dropping from ₹68.2 cr in Q3 to ₹59.5 cr in Q4. While the year-on-year and full-year FY26 performance remains exceptionally strong, the sequential 'slump' often triggers short-term profit booking by swing traders. Given the stock's premium valuation and the 12% intraday drop already observed, the positional outlook depends on whether the 200-day moving average near ₹1380 can act as a floor.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 7 May 2026
▲ Bullish -2.0%
The stock has cleared a long-term consolidation zone near 1500 with high volume, indicating a structural shift from sideways to a bullish phase. With the RSI showing strength and price above key EMAs, it offers a high-probability swing trade opportunity toward the 1715 target. Traders should watch for a 3-5 day momentum follow-through.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 6 May 2026
▲ Bullish -2.0%
The stock has cleared a multi-month consolidation zone near 1500 with significant volume expansion. This technical breakout suggests a shift from sideways action to a fresh bullish leg, likely targeting 1715 over a 1-2 week swing period.
Get real-time alerts for MANORAMA
Add MANORAMA to your portfolio and receive instant AI-powered news alerts on your phone.
Set up free alerts →Explore More
AI Technical Analysis Alert History Other Bullish Stocks Today’s Trending