TECHNOE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | TECHNOE | Market Cap | 14,924 Cr. | Current Price | 1,283 ₹ | High / Low | 1,655 ₹ |
| Stock P/E | 29.5 | Book Value | 336 ₹ | Dividend Yield | 0.70 % | ROCE | 16.6 % |
| ROE | 12.9 % | Face Value | 2.00 ₹ | DMA 50 | 1,147 ₹ | DMA 200 | 1,186 ₹ |
| Chg in FII Hold | 0.12 % | Chg in DII Hold | -0.33 % | PAT Qtr | 152 Cr. | PAT Prev Qtr | 123 Cr. |
| RSI | 65.6 | MACD | 52.5 | Volume | 2,99,768 | Avg Vol 1Wk | 3,66,179 |
| Low price | 870 ₹ | High price | 1,655 ₹ | PEG Ratio | 2.14 | Debt to equity | 0.01 |
| 52w Index | 52.7 % | Qtr Profit Var | 45.2 % | EPS | 45.7 ₹ | Industry PE | 18.5 |
📈 Optimal Buy Price: 1,270 – 1,280 ₹ (near support and 50 DMA)
💰 Profit Exit Levels: 1,300 ₹ (first resistance), 1,320 – 1,330 ₹ (momentum breakout)
⚠️ Stop-Loss: 1,255 ₹ (below support zone)
⏳ Intraday Exit Guidance: If already holding, consider booking profits near 1,300–1,330 ₹ if RSI approaches 70 or volume weakens. Exit immediately if price slips below 1,270 ₹ with declining intraday momentum.
Positive
- ROCE at 16.6% and ROE at 12.9% show consistent profitability.
- EPS of 45.7 ₹ indicates strong earnings power relative to price.
- Current price (1,283 ₹) above both 50 DMA (1,147 ₹) and 200 DMA (1,186 ₹), confirming technical strength.
- RSI at 65.6 suggests momentum is active but not yet extreme.
- MACD positive at 52.5, supporting bullish intraday bias.
- Debt-to-equity ratio at 0.01 reflects minimal leverage risk.
Limitation
- Valuation premium: Stock P/E at 29.5 vs industry P/E at 18.5.
- DII holding decreased (-0.33%), showing reduced domestic institutional confidence.
- Volume (2.99 Lakh) below 1-week average (3.66 Lakh), indicating weaker intraday participation.
- PEG ratio at 2.14 suggests growth is priced expensively.
Company Negative News
- Decline in DII holdings signals cautious sentiment from domestic investors.
- Valuation stretched compared to industry peers.
Company Positive News
- PAT improved (152 Cr. vs 123 Cr.), showing earnings momentum.
- FII holding increased (+0.12%), reflecting foreign institutional support.
- Quarterly profit variation at 45.2% highlights strong growth trajectory.
Industry
- Industry P/E at 18.5 indicates moderate valuations, making TECHNOE relatively expensive.
- Sector outlook remains stable with demand for engineering and technology services.
Conclusion
⚖️ TECHNOE shows strong intraday potential with improving fundamentals, bullish technical indicators, and foreign investor support. However, stretched valuations and weaker domestic participation require disciplined risk management. Best suited for intraday trades targeting 1,300–1,330 ₹ with a strict stop-loss at 1,255 ₹.
Would you like me to extend this into a peer benchmarking overlay (e.g., comparing TECHNOE against Siemens, KEC, and Kaynes Tech) so you can see relative intraday strength within the engineering/technology sector?