TEJASNET - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | TEJASNET | Market Cap | 6,219 Cr. | Current Price | 350 ₹ | High / Low | 914 ₹ |
| Book Value | 188 ₹ | Dividend Yield | 0.72 % | ROCE | 15.4 % | ROE | 12.6 % |
| Face Value | 10.0 ₹ | DMA 50 | 412 ₹ | DMA 200 | 585 ₹ | Chg in FII Hold | -0.29 % |
| Chg in DII Hold | -0.03 % | PAT Qtr | -197 Cr. | PAT Prev Qtr | -307 Cr. | RSI | 42.2 |
| MACD | -28.2 | Volume | 14,17,842 | Avg Vol 1Wk | 37,67,951 | Low price | 294 ₹ |
| High price | 914 ₹ | Debt to equity | 1.29 | 52w Index | 9.04 % | Qtr Profit Var | -219 % |
| EPS | -43.0 ₹ | Industry PE | 42.5 |
📊 Analysis: TEJASNET shows weak technical and fundamental signals for intraday trading. Current price (₹350) is well below both 50 DMA (₹412) and 200 DMA (₹585), indicating strong bearish sentiment. RSI at 42.2 is near oversold territory, while MACD (-28.2) confirms negative momentum. Volume (14.1L vs avg 37.6L) is significantly lower, suggesting reduced trader participation. High debt-to-equity (1.29) and negative EPS (-43.0 ₹) further weaken the outlook.
💰 Optimal Buy Price: Only consider entry near ₹345–350 if price stabilizes above support.
📈 Profit-Taking Levels: First exit near ₹360, extended target ₹370.
📉 Stop-Loss: ₹340 to limit downside risk.
⏱️ If Already Holding: Exit intraday if price fails to hold above ₹345 or momentum weakens near resistance zones (₹360–370). Watch RSI slipping below 40 or volume drying up as exit signals.
Positive
- Book value of ₹188 provides some asset backing.
- Dividend yield of 0.72% offers minor investor return.
- Quarterly losses reduced (PAT -197 Cr vs -307 Cr), showing improvement.
Limitation
- Negative EPS (-43.0 ₹) highlights poor profitability.
- High debt-to-equity (1.29) raises financial risk.
- Price trading far below both 50 DMA and 200 DMA indicates strong bearish trend.
- Volume significantly below average, limiting intraday momentum.
Company Negative News
- Consistent losses with negative PAT and EPS.
- Decline in FII (-0.29%) and DII (-0.03%) holdings shows reduced institutional confidence.
Company Positive News
- Quarterly losses narrowed compared to previous quarter.
- Stable dividend yield despite weak performance.
Industry
- Industry PE at 42.5 indicates sector is valued higher than TEJASNET’s fundamentals.
- Telecom and networking sector remains competitive with high capital intensity.
Conclusion
⚖️ TEJASNET is a weak candidate for intraday trading due to negative earnings, high debt, and bearish technical indicators. Entry near ₹345–350 may offer limited upside, but risk remains high. Conservative traders should avoid aggressive positions, while existing holders should exit if price fails to sustain above ₹345.