TORNTPOWER - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.1
| Stock Code | TORNTPOWER | Market Cap | 70,345 Cr. | Current Price | 1,396 ₹ | High / Low | 1,640 ₹ |
| Stock P/E | 24.3 | Book Value | 370 ₹ | Dividend Yield | 1.36 % | ROCE | 16.9 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 1,325 ₹ | DMA 200 | 1,346 ₹ |
| Chg in FII Hold | -0.50 % | Chg in DII Hold | 0.58 % | PAT Qtr | 746 Cr. | PAT Prev Qtr | 685 Cr. |
| RSI | 59.3 | MACD | 11.6 | Volume | 7,18,065 | Avg Vol 1Wk | 4,62,201 |
| Low price | 1,188 ₹ | High price | 1,640 ₹ | PEG Ratio | 0.46 | Debt to equity | 0.38 |
| 52w Index | 46.0 % | Qtr Profit Var | 60.8 % | EPS | 57.3 ₹ | Industry PE | 24.8 |
📊 TORNTPOWER shows strong fundamentals with healthy ROE, ROCE, and consistent profit growth. The stock trades close to its moving averages with bullish technical indicators, making it a good candidate for swing trading. Valuation is reasonable compared to industry PE, though FII outflows and moderate debt levels warrant caution.
✅ Optimal Entry Price: Around 1,360–1,380 ₹ (near support above 50 DMA)
🚪 Exit Strategy: If already holding, consider exiting near 1,500–1,520 ₹ (resistance zone before 52-week high of 1,640 ₹).
Positive
- ROE (18.7%) and ROCE (16.9%) reflect strong efficiency.
- EPS of 57.3 ₹ indicates solid earnings power.
- Quarterly PAT improved (746 Cr vs 685 Cr), showing growth momentum.
- PEG ratio of 0.46 suggests undervaluation relative to growth.
- DII holdings increased (+0.58%), showing domestic institutional confidence.
- MACD positive (11.6) signals bullish momentum.
Limitation
- FII holdings declined (-0.50%), showing reduced foreign investor confidence.
- Debt-to-equity ratio of 0.38 is moderate, adding some financial risk.
- Dividend yield of 1.36% is modest, offering limited investor return.
- RSI at 59.3 is approaching overbought territory.
Company Negative News
- Decline in FII holdings reflects cautious sentiment from foreign investors.
- Stock trading below 52-week high of 1,640 ₹ may limit immediate upside.
Company Positive News
- Quarterly profit variation of 60.8% highlights strong growth.
- DII holdings increased, reflecting domestic support.
- Stock trading above both 50 DMA (1,325 ₹) and 200 DMA (1,346 ₹), showing technical strength.
Industry
- Industry PE at 24.8 is close to TORNTPOWER’s P/E (24.3), suggesting fair valuation.
- Power sector remains resilient with steady demand and infrastructure expansion.
Conclusion
⚖️ TORNTPOWER offers strong swing trading potential with entry near 1,360–1,380 ₹ and exit near 1,500–1,520 ₹. Fundamentals are solid and technicals show bullish momentum, though FII outflows and moderate debt warrant cautious optimism. Best suited for short-term momentum traders looking to capitalize on near-term gains.