TEJASNET - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 2.7
| Stock Code | TEJASNET | Market Cap | 7,478 Cr. | Current Price | 420 ₹ | High / Low | 762 ₹ |
| Book Value | 165 ₹ | Dividend Yield | 0.59 % | ROCE | -14.7 % | ROE | -27.0 % |
| Face Value | 10.0 ₹ | DMA 50 | 416 ₹ | DMA 200 | 509 ₹ | Chg in FII Hold | -0.66 % |
| Chg in DII Hold | -0.44 % | PAT Qtr | -218 Cr. | PAT Prev Qtr | -197 Cr. | RSI | 50.8 |
| MACD | -1.32 | Volume | 30,37,254 | Avg Vol 1Wk | 22,14,804 | Low price | 294 ₹ |
| High price | 762 ₹ | Debt to equity | 1.42 | 52w Index | 27.0 % | Qtr Profit Var | -252 % |
| EPS | -51.6 ₹ | Industry PE | 55.3 |
TEJASNET shows weak potential for swing trading at present. The current price of ₹420 is slightly above the 50 DMA (₹416) but well below the 200 DMA (₹509), indicating short-term support but long-term weakness. RSI at 50.8 is neutral, while MACD at -1.32 signals bearish momentum. Fundamentals are poor with negative EPS (-₹51.6), high debt-to-equity (1.42), and declining profitability. Despite decent trading volumes, the company’s losses and weak financial ratios limit upside potential.
💡 Optimal Entry Price: Around ₹410–₹420 near 50 DMA support.
💡 Exit Strategy (if already holding): Consider exiting near ₹500 resistance (200 DMA) if momentum improves, otherwise use strict stop-loss below ₹400.
✅ Positive
- Book value of ₹165 provides some asset backing.
- Dividend yield of 0.59% offers minimal investor return.
- Stock trading close to 50 DMA support zone.
⚠️ Limitation
- Negative ROCE (-14.7%) and ROE (-27.0%) reflect poor efficiency.
- High debt-to-equity ratio (1.42) increases financial risk.
- Stock trades below 200 DMA, showing long-term bearish trend.
📉 Company Negative News
- Consistent net losses (PAT -218 Cr. vs -197 Cr. previous quarter).
- Quarterly profit variation at -252% indicates worsening performance.
- FII (-0.66%) and DII (-0.44%) holdings declined, showing reduced investor confidence.
📈 Company Positive News
- Dividend yield of 0.59% provides minor investor incentive.
- Trading volumes remain strong, showing active market participation.
🏭 Industry
- Industry PE at 55.3 is high, reflecting sector optimism.
- TEJASNET lags peers significantly due to negative earnings and weak fundamentals.
🔎 Conclusion
TEJASNET is a weak candidate for swing trading due to poor fundamentals, high debt, and ongoing losses. While entry near ₹410–₹420 may offer short-term opportunities, exit should be considered near ₹500 resistance or with strict stop-loss below ₹400. Caution is advised as downside risk outweighs upside potential.