TEJASNET - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.8
| Stock Code | TEJASNET | Market Cap | 7,678 Cr. | Current Price | 432 ₹ | High / Low | 914 ₹ |
| Book Value | 188 ₹ | Dividend Yield | 0.58 % | ROCE | 15.4 % | ROE | 12.6 % |
| Face Value | 10.0 ₹ | DMA 50 | 409 ₹ | DMA 200 | 536 ₹ | Chg in FII Hold | -0.29 % |
| Chg in DII Hold | -0.03 % | PAT Qtr | -197 Cr. | PAT Prev Qtr | -307 Cr. | RSI | 53.9 |
| MACD | 21.6 | Volume | 46,94,557 | Avg Vol 1Wk | 1,14,73,255 | Low price | 294 ₹ |
| High price | 914 ₹ | Debt to equity | 1.29 | 52w Index | 22.3 % | Qtr Profit Var | -219 % |
| EPS | -43.0 ₹ | Industry PE | 48.3 |
📊 TEJASNET shows weak fundamentals for swing trading despite some technical recovery signals. The company has negative EPS (-43 ₹), high debt-to-equity (1.29), and continues to post losses (PAT -197 Cr. vs -307 Cr. previous quarter). Technical indicators are slightly positive with RSI at 53.9 (neutral to mildly bullish) and MACD at 21.6 (bullish crossover). The current price (432 ₹) is above the 50 DMA (409 ₹) but still below the 200 DMA (536 ₹), suggesting short-term strength but medium-term weakness.
✅ Optimal Entry Price: Around 420–430 ₹ (near 50 DMA support).
🚪 Exit Strategy: If already holding, consider exiting near 530–540 ₹ (200 DMA resistance) unless strong breakout occurs.
🌟 Positive
- Book value of 188 ₹ provides some cushion against downside risk.
- Quarterly losses have narrowed (PAT improved from -307 Cr. to -197 Cr.).
- Technical indicators (MACD, RSI) show short-term bullish momentum.
- Strong trading volume indicates liquidity for swing trades.
⚠️ Limitation
- Negative EPS (-43 ₹) highlights poor profitability.
- High debt-to-equity ratio (1.29) increases financial risk.
- Stock trades below 200 DMA, signaling medium-term weakness.
- Dividend yield is low at 0.58%, not attractive for long-term investors.
📰 Company Negative News
- Consistent losses despite industry growth opportunities.
- FII holdings decreased by -0.29% and DII holdings by -0.03%, showing reduced institutional confidence.
- Stock has corrected sharply from its high of 914 ₹.
📈 Company Positive News
- Quarterly losses have narrowed, showing some operational improvement.
- MACD and RSI indicate potential short-term recovery momentum.
🏭 Industry
- Industry PE is 48.3, but TEJASNET has no meaningful P/E due to negative earnings.
- Telecom and networking sector remains competitive with high capex requirements.
🔎 Conclusion
TEJASNET is a weak candidate for swing trading due to poor fundamentals and high debt. Short-term traders may attempt entries near 420–430 ₹ with strict stop-losses, targeting 530–540 ₹. However, risk remains elevated, and sustained recovery is uncertain without stronger financial performance.