TORNTPOWER - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | TORNTPOWER | Market Cap | 70,345 Cr. | Current Price | 1,396 ₹ | High / Low | 1,640 ₹ |
| Stock P/E | 24.3 | Book Value | 370 ₹ | Dividend Yield | 1.36 % | ROCE | 16.9 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 1,325 ₹ | DMA 200 | 1,346 ₹ |
| Chg in FII Hold | -0.50 % | Chg in DII Hold | 0.58 % | PAT Qtr | 746 Cr. | PAT Prev Qtr | 685 Cr. |
| RSI | 59.3 | MACD | 11.6 | Volume | 7,18,065 | Avg Vol 1Wk | 4,62,201 |
| Low price | 1,188 ₹ | High price | 1,640 ₹ | PEG Ratio | 0.46 | Debt to equity | 0.38 |
| 52w Index | 46.0 % | Qtr Profit Var | 60.8 % | EPS | 57.3 ₹ | Industry PE | 24.8 |
📊 Analysis: TORNTPOWER shows strong potential for intraday trading. Current price (₹1,396) is above both 50 DMA (₹1,325) and 200 DMA (₹1,346), reflecting bullish momentum. RSI at 59.3 is moderately strong but not overbought, while MACD (11.6) indicates positive momentum. Volume (7.18L vs avg 4.62L) is higher than average, suggesting strong trader participation. Valuation is fair with P/E at 24.3, close to industry PE (24.8), while fundamentals remain solid with strong profit growth.
💰 Optimal Buy Price: ₹1,390–1,400 if price sustains above support.
📈 Profit-Taking Levels: First exit near ₹1,420, extended target ₹1,440.
📉 Stop-Loss: ₹1,370 to protect against downside risk.
⏱️ If Already Holding: Exit intraday if price fails to hold above ₹1,390 or momentum weakens near resistance zones (₹1,420–1,440). Watch RSI crossing above 65–70 (overbought) or volume tapering off as exit signals.
Positive
- EPS at ₹57.3 reflects strong profitability.
- ROE (18.7%) and ROCE (16.9%) highlight efficiency.
- Quarterly PAT improved (₹746 Cr vs ₹685 Cr), showing earnings growth.
- PEG ratio of 0.46 suggests undervaluation relative to growth.
- DII holdings increased (+0.58%), reflecting domestic institutional support.
Limitation
- Debt-to-equity ratio at 0.38 is moderate, adding some financial risk.
- FII holdings decreased (-0.50%), showing reduced foreign investor confidence.
- Stock trading below 52-week high (₹1,640), indicating resistance ahead.
Company Negative News
- Decline in FII holdings suggests cautious sentiment among foreign investors.
Company Positive News
- Quarterly profit growth of 60.8% highlights strong performance.
- Stock trading above both 50 DMA and 200 DMA signals bullish trend.
Industry
- Industry PE at 24.8 is in line with TORNTPOWER’s valuation, suggesting fair pricing relative to peers.
- Power sector remains resilient with consistent demand outlook.
Conclusion
⚖️ TORNTPOWER is a strong candidate for intraday trading. Entry near ₹1,390–1,400 with exit around ₹1,420–1,440 offers a favorable risk-reward setup. Traders should remain cautious of resistance near the 52-week high, but strong fundamentals, higher volume, and bullish technicals provide momentum-driven upside.