TECHNOE - Swing Trade Analysis with AI Signals

Last Updated Time : 20 Dec 25, 07:02 am

Swing Trade Rating: 3.4

📊 TECHNOE currently trades at ₹1,098, below both its 50 DMA (₹1,215) and 200 DMA (₹1,306), indicating bearish momentum. RSI at 29.2 suggests the stock is oversold, which could present a rebound opportunity. The optimal entry price would be near ₹1,050–₹1,080, close to current support levels. If already holding, consider exiting around ₹1,200–₹1,250, where resistance is likely to appear.

✅ Positive

• 📈 Strong ROCE (16.6%) and ROE (12.9%) showing efficient capital use
• 💰 Very low debt-to-equity ratio (0.01), ensuring financial stability
• 📊 EPS at ₹41.6, reflecting consistent earnings
• 📉 Quarterly PAT improved from ₹98.2 Cr. to ₹123 Cr., a 36.6% growth

⚠️ Limitation

• 📉 Current price below both 50 DMA and 200 DMA, signaling weak technical trend
• 📊 P/E ratio (27.8) higher than industry average (18.8), suggesting overvaluation
• 📉 Dividend yield at 0.85%, relatively low compared to peers
• 📉 PEG ratio at 2.02, indicating expensive valuation relative to growth

🚨 Company Negative News

• 📉 DII holding decreased by -1.42%, showing reduced domestic institutional confidence
• 📉 Stock trading significantly below its 52-week high of ₹1,720, reflecting weak sentiment

🌟 Company Positive News

• 📈 FII holding increased slightly by 0.24%, showing foreign investor interest
• 📊 Strong quarterly profit growth (+36.6%) indicates improving fundamentals

🏭 Industry

• 📊 Industry P/E at 18.8 is lower than TECHNOE’s, suggesting peers may be more attractively priced
• 🌐 Sector outlook remains steady, but valuations are stretched compared to industry averages

📌 Conclusion

TECHNOE is a cautious swing trade candidate. Oversold RSI levels suggest potential for a short-term rebound, but weak technicals and higher-than-industry valuation limit upside. Entry is best near ₹1,050–₹1,080, while exit should be considered around ₹1,200–₹1,250. Traders should monitor volume and MACD trends before committing.

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