TEJASNET - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.2
| Stock Code | TEJASNET | Market Cap | 7,379 Cr. | Current Price | 415 ₹ | High / Low | 762 ₹ |
| Book Value | 165 ₹ | Dividend Yield | 0.60 % | ROCE | -14.7 % | ROE | -27.0 % |
| Face Value | 10.0 ₹ | DMA 50 | 416 ₹ | DMA 200 | 510 ₹ | Chg in FII Hold | -0.66 % |
| Chg in DII Hold | -0.44 % | PAT Qtr | -218 Cr. | PAT Prev Qtr | -197 Cr. | RSI | 48.6 |
| MACD | -1.73 | Volume | 19,48,335 | Avg Vol 1Wk | 17,23,042 | Low price | 294 ₹ |
| High price | 762 ₹ | Debt to equity | 1.42 | 52w Index | 25.9 % | Qtr Profit Var | -252 % |
| EPS | -51.6 ₹ | Industry PE | 53.8 |
📈 Optimal Buy Price: 412 – 416 ₹ (near 50 DMA support)
💰 Profit Exit Levels: 425 – 430 ₹ (short-term resistance)
⚠️ Stop-Loss: 405 ₹ (below support zone)
⏳ Intraday Exit Guidance: If already holding, consider exiting near 425–430 ₹ if momentum weakens. Exit immediately if RSI falls below 47 or price slips under 412 ₹ with declining volume.
Positive
- Book value at 165 ₹ provides some asset backing.
- Dividend yield of 0.60% offers minor investor return.
- Current price close to 50 DMA, allowing speculative support-based trades.
- Volume (19.5 Lakh) slightly above 1-week average (17.2 Lakh), showing active participation.
Limitation
- Negative ROCE (-14.7%) and ROE (-27.0%) reflect poor operational efficiency.
- EPS at -51.6 ₹ highlights consistent losses.
- Debt-to-equity ratio at 1.42 indicates high leverage risk.
- Price below 200 DMA (510 ₹), limiting medium-term strength.
- MACD negative (-1.73), suggesting bearish bias.
Company Negative News
- PAT worsened (-218 Cr. vs -197 Cr.), showing widening losses.
- FII holding decreased (-0.66%) and DII holding also declined (-0.44%).
- Quarterly profit variation at -252% reflects deteriorating performance.
Company Positive News
- Stock rebounded from 52-week low (294 ₹), showing resilience despite weak fundamentals.
- Intraday volume slightly above average, supporting speculative trades.
Industry
- Industry PE at 53.8 indicates high sector valuations, but TEJASNET lags due to negative earnings.
- Telecom/Networking sector remains competitive with heavy capex requirements, impacting profitability.
Conclusion
⚖️ TEJASNET is a weak intraday candidate with poor fundamentals, negative earnings, and high leverage. While speculative opportunities exist near 412–416 ₹ support, upside is limited to 425–430 ₹. Risk management is critical, and exposure should be kept minimal with strict stop-loss at 405 ₹.
Would you like me to build a peer benchmarking overlay comparing TEJASNET against telecom/networking peers (like HFCL, Sterlite Tech) to highlight relative intraday strength and sector rotation signals?