TECHM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | TECHM | Market Cap | 1,42,559 Cr. | Current Price | 1,455 ₹ | High / Low | 1,854 ₹ |
| Stock P/E | 35.3 | Book Value | 222 ₹ | Dividend Yield | 3.50 % | ROCE | 24.3 % |
| ROE | 18.3 % | Face Value | 5.00 ₹ | DMA 50 | 1,441 ₹ | DMA 200 | 1,491 ₹ |
| Chg in FII Hold | 0.65 % | Chg in DII Hold | -0.45 % | PAT Qtr | 541 Cr. | PAT Prev Qtr | 1,139 Cr. |
| RSI | 53.7 | MACD | 1.27 | Volume | 18,65,664 | Avg Vol 1Wk | 13,07,942 |
| Low price | 1,304 ₹ | High price | 1,854 ₹ | PEG Ratio | 15.6 | Debt to equity | 0.07 |
| 52w Index | 27.4 % | Qtr Profit Var | -23.8 % | EPS | 39.4 ₹ | Industry PE | 21.0 |
📊 Current Price: 1,455 ₹
🛒 Optimal Buy Price: 1,445 – 1,460 ₹ (near 50 DMA support)
🎯 Profit Exit Levels: 1,495 ₹ / 1,510 ₹ (200 DMA zone)
🛑 Stop-Loss: 1,440 ₹
⏳ If already holding: Exit near 1,495–1,510 ₹ if momentum slows; tighten stop-loss if RSI dips below 52 or price falls under 1,445 ₹ with declining volume.
Positive
✔️ Strong ROCE at 24.3% and ROE at 18.3% show healthy fundamentals.
✔️ Dividend yield of 3.50% adds investor confidence.
✔️ Price trading above 50 DMA, supported by positive MACD (1.27).
✔️ Volume higher than weekly average, indicating strong participation.
✔️ Low debt-to-equity ratio (0.07) reflects financial stability.
Limitation
⚠️ Quarterly PAT dropped sharply (541 Cr. vs 1,139 Cr.), showing earnings pressure.
⚠️ Stock P/E at 35.3 is above industry PE (21.0), indicating valuation premium.
⚠️ PEG ratio at 15.6 suggests limited growth relative to valuation.
⚠️ 200 DMA (1,491 ₹) acting as resistance zone.
⚠️ Quarterly profit variation at -23.8% highlights earnings volatility.
Company Negative News
❌ Quarterly profit declined by -23.8%.
❌ DII holdings reduced (-0.45%), showing weaker domestic institutional support.
❌ Valuation premium compared to peers.
Company Positive News
✅ FII holdings increased (+0.65%), reflecting foreign investor confidence.
✅ Stable dividend payout with attractive yield.
✅ Strong balance sheet with low debt.
Industry
🌐 Industry PE at 21.0 indicates sector is moderately valued compared to TECHM’s premium.
💻 IT services sector remains resilient but faces margin pressures from global demand cycles.
Conclusion
⚖️ TECHM shows strong intraday potential with healthy fundamentals, positive MACD, and strong volume.
📉 Earnings decline and valuation premium limit upside.
🎯 Best suited for intraday trades targeting 1,495–1,510 ₹ with strict stop-loss at 1,440 ₹.
Would you like me to also prepare a sector overlay with peer benchmarking (Infosys, TCS, Wipro) so you can compare TECHM’s intraday strength against its industry peers?