TORNTPOWER - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | TORNTPOWER | Market Cap | 73,137 Cr. | Current Price | 1,451 ₹ | High / Low | 1,640 ₹ |
| Stock P/E | 22.6 | Book Value | 370 ₹ | Dividend Yield | 1.31 % | ROCE | 16.9 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 1,434 ₹ | DMA 200 | 1,381 ₹ |
| Chg in FII Hold | -0.50 % | Chg in DII Hold | 0.58 % | PAT Qtr | 712 Cr. | PAT Prev Qtr | 746 Cr. |
| RSI | 48.6 | MACD | 3.78 | Volume | 3,18,831 | Avg Vol 1Wk | 5,61,205 |
| Low price | 1,188 ₹ | High price | 1,640 ₹ | PEG Ratio | 0.42 | Debt to equity | 0.38 |
| 52w Index | 58.1 % | Qtr Profit Var | 93.2 % | EPS | 64.2 ₹ | Industry PE | 24.6 |
📊 Analysis: TORNTPOWER shows strong intraday potential today. RSI at 48.6 indicates neutral momentum, while MACD (3.78) is positive, confirming mild bullish bias. The stock is trading above both 50 DMA (1,434 ₹) and 200 DMA (1,381 ₹), reflecting short- and medium-term strength. Volume (3.18 lakh) is lower than the 1-week average (5.61 lakh), which slightly limits intraday participation, but fundamentals remain supportive.
💹 Optimal Buy Price: 1,440–1,455 ₹ (near current support zone).
🎯 Profit-Taking Levels: 1,480 ₹ (first resistance), 1,510–1,520 ₹ (next resistance zone).
🛑 Stop-Loss: 1,425 ₹ (protective support).
📈 If Already Holding: Exit intraday if price fails to sustain above 1,440 ₹ with weakening momentum or volume. Protective exit below 1,425 ₹. Book partial profits near 1,480–1,520 ₹ if momentum sustains.
Positive
- Strong fundamentals: EPS at 64.2 ₹, ROE 18.7%, ROCE 16.9%.
- MACD positive (3.78), confirming bullish bias.
- Stock trading above both 50 DMA and 200 DMA, showing technical strength.
- DII holdings increased (+0.58%), reflecting domestic institutional confidence.
- PEG ratio at 0.42 indicates undervaluation relative to growth.
Limitation
- Volume below average, limiting intraday momentum.
- High P/E (22.6) compared to industry PE (24.6) is slightly premium.
- Quarterly PAT declined marginally (712 Cr. vs 746 Cr.).
Company Negative News
- FII holdings decreased (-0.50%), showing reduced foreign investor confidence.
- Sequential PAT dropped slightly, raising short-term caution.
Company Positive News
- Strong EPS and consistent profitability.
- DII support increased, reflecting domestic confidence.
- Stock near 52-week high (1,640 ₹), showing strong investor sentiment.
Industry
- Industry PE at 24.6, while TORNTPOWER trades at 22.6, indicating fair valuation.
- Power sector remains resilient with steady demand and growth prospects.
Conclusion
⚖️ TORNTPOWER earns a strong intraday rating (4.0). Positive MACD, strong fundamentals, and support above DMA levels favor bullish bias. Best strategy: Buy near 1,440–1,455 ₹, target 1,480–1,520 ₹, and protect downside at 1,425 ₹. Intraday traders can consider quick profit booking near resistance levels while maintaining caution around volume weakness.
Selva, TORNTPOWER looks technically stronger than TITAN and NIACL, with bullish confirmation from MACD and solid fundamentals. Would you like me to prepare a basket overlay comparing TORNTPOWER with NTPC, Adani Power, and Tata Power to see if intraday capital rotation favors TORNTPOWER or its sector peers?