TEJASNET - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.4
| Stock Code | TEJASNET | Market Cap | 6,219 Cr. | Current Price | 350 ₹ | High / Low | 914 ₹ |
| Book Value | 188 ₹ | Dividend Yield | 0.72 % | ROCE | 15.4 % | ROE | 12.6 % |
| Face Value | 10.0 ₹ | DMA 50 | 412 ₹ | DMA 200 | 585 ₹ | Chg in FII Hold | -0.29 % |
| Chg in DII Hold | -0.03 % | PAT Qtr | -197 Cr. | PAT Prev Qtr | -307 Cr. | RSI | 42.2 |
| MACD | -28.2 | Volume | 14,17,842 | Avg Vol 1Wk | 37,67,951 | Low price | 294 ₹ |
| High price | 914 ₹ | Debt to equity | 1.29 | 52w Index | 9.04 % | Qtr Profit Var | -219 % |
| EPS | -43.0 ₹ | Industry PE | 42.5 |
📊 TEJASNET shows weak fundamentals with negative earnings, high debt, and declining institutional interest. Although losses have narrowed compared to the previous quarter, technical indicators remain bearish. The stock is a risky candidate for swing trading, suitable only for speculative short-term moves.
✅ Optimal Entry Price: Around 310–330 ₹ (near support, close to 52-week low of 294 ₹)
🚪 Exit Strategy: If already holding, consider exiting near 380–400 ₹ (short-term resistance close to 50 DMA).
Positive
- Book value of 188 ₹ provides some valuation support.
- Dividend yield of 0.72% adds minor investor appeal.
- ROCE (15.4%) and ROE (12.6%) show moderate efficiency despite losses.
- Quarterly losses reduced (PAT -197 Cr vs -307 Cr), indicating improvement.
Limitation
- Negative EPS (-43.0 ₹) highlights poor profitability.
- High debt-to-equity ratio (1.29) increases financial risk.
- Price below both 50 DMA (412 ₹) and 200 DMA (585 ₹), showing strong downtrend.
- MACD negative (-28.2) and RSI at 42.2 indicate bearish momentum.
- Trading volume lower than weekly average, reflecting reduced participation.
Company Negative News
- Consistent losses and negative quarterly profit variation (-219%).
- Decline in both FII (-0.29%) and DII (-0.03%) holdings shows lack of institutional confidence.
Company Positive News
- Quarterly losses have narrowed compared to previous quarter.
- Dividend yield provides minor support for long-term investors.
Industry
- Industry PE at 42.5 is high, suggesting sector trades at premium valuations.
- Telecom and networking sector remains competitive with high capital requirements.
Conclusion
⚖️ TEJASNET is not a fundamentally strong candidate for swing trading due to persistent losses, high debt, and weak technical indicators. Entry near 310–330 ₹ may provide limited upside, with exit near 380–400 ₹. Risk remains high, and traders should exercise caution with speculative positions.