TECHNOE - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.9
| Stock Code | TECHNOE | Market Cap | 12,464 Cr. | Current Price | 1,072 ₹ | High / Low | 1,655 ₹ |
| Stock P/E | 24.1 | Book Value | 362 ₹ | Dividend Yield | 0.84 % | ROCE | 16.0 % |
| ROE | 13.0 % | Face Value | 2.00 ₹ | DMA 50 | 1,126 ₹ | DMA 200 | 1,174 ₹ |
| Chg in FII Hold | 0.12 % | Chg in DII Hold | -0.33 % | PAT Qtr | 143 Cr. | PAT Prev Qtr | 152 Cr. |
| RSI | 45.2 | MACD | -34.6 | Volume | 1,74,374 | Avg Vol 1Wk | 3,49,714 |
| Low price | 870 ₹ | High price | 1,655 ₹ | PEG Ratio | 0.72 | Debt to equity | 0.01 |
| 52w Index | 25.8 % | Qtr Profit Var | 8.03 % | EPS | 46.6 ₹ | Industry PE | 17.4 |
📈 Optimal Entry Price: 1,050–1,080 ₹ (near support and oversold RSI)
📉 Exit Strategy: If already holding, consider exiting near 1,170–1,200 ₹ (DMA resistance zone) or earlier if momentum fades.
Positive
- 📊 EPS at 46.6 ₹ supports valuation strength.
- 📈 ROCE (16.0%) and ROE (13.0%) show solid profitability.
- 💰 PEG ratio at 0.72 indicates attractive valuation relative to growth.
- 📉 Debt-to-equity extremely low (0.01), reflecting financial stability.
Limitation
- ⚠️ Current price below both 50 DMA (1,126 ₹) and 200 DMA (1,174 ₹), showing medium-term weakness.
- 📉 MACD negative (-34.6), signaling bearish momentum.
- 📊 DII holdings decreased (-0.33%), showing reduced domestic institutional support.
- 📉 Quarterly PAT declined slightly (152 Cr. → 143 Cr.), indicating earnings pressure.
Company Negative News
- ❌ Quarterly profit declined marginally (-8.03%).
- ⚠️ Domestic institutional investors trimming positions.
Company Positive News
- ✅ FII holdings increased (+0.12%), showing foreign investor confidence.
- 📈 Strong EPS and low debt profile support fundamentals.
- 📊 RSI at 45.2 indicates oversold conditions, suggesting possible rebound.
Industry
- 🌐 Industry PE at 17.4 is lower than TECHNOE’s PE (24.1), suggesting relative premium valuation.
- 📊 Engineering and technology sector remains in growth phase, offering swing opportunities.
Conclusion
⚖️ TECHNOE is a promising swing trade candidate with oversold RSI, strong EPS, and solid fundamentals. Entry near 1,050–1,080 ₹ offers favorable risk-reward, with upside potential toward 1,170–1,200 ₹. Caution advised due to recent profit decline and reduced DII support. Stop-loss should be maintained near 1,030 ₹.
This structured report positions TECHNOE as a moderate swing candidate with strong fundamentals but short-term technical weakness. Would you like me to expand this into a peer benchmarking overlay with sector comparisons, or refine it into an intraday momentum setup for sharper trade execution?