TORNTPOWER - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | TORNTPOWER | Market Cap | 72,945 Cr. | Current Price | 1,447 ₹ | High / Low | 1,640 ₹ |
| Stock P/E | 22.6 | Book Value | 370 ₹ | Dividend Yield | 1.31 % | ROCE | 16.9 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 1,434 ₹ | DMA 200 | 1,381 ₹ |
| Chg in FII Hold | -0.50 % | Chg in DII Hold | 0.58 % | PAT Qtr | 712 Cr. | PAT Prev Qtr | 746 Cr. |
| RSI | 47.5 | MACD | 1.76 | Volume | 4,22,420 | Avg Vol 1Wk | 4,53,596 |
| Low price | 1,188 ₹ | High price | 1,640 ₹ | PEG Ratio | 0.42 | Debt to equity | 0.38 |
| 52w Index | 57.3 % | Qtr Profit Var | 93.2 % | EPS | 64.2 ₹ | Industry PE | 24.3 |
📊 TORNTPOWER shows good potential for swing trading. The fundamentals are strong with EPS (64.2 ₹), ROE (18.7%), and ROCE (16.9%). Debt-to-equity is low at 0.38, reflecting financial stability. Technical indicators are supportive: RSI at 47.5 suggests neutral momentum, while MACD (1.76) indicates a mild bullish crossover. The current price (1,447 ₹) is above both the 50 DMA (1,434 ₹) and 200 DMA (1,381 ₹), showing strength. Valuation is reasonable with a P/E of 22.6 compared to the industry PE of 24.3, and PEG ratio of 0.42 suggests undervaluation relative to growth.
✅ Optimal Entry Price: Around 1,430–1,450 ₹ (near 50 DMA support).
🚪 Exit Strategy: If already holding, consider exiting near 1,580–1,600 ₹ (short-term resistance) unless strong breakout occurs.
🌟 Positive
- EPS of 64.2 ₹ indicates strong profitability.
- ROE (18.7%) and ROCE (16.9%) reflect efficient capital use.
- Low debt-to-equity ratio (0.38) shows financial strength.
- PEG ratio of 0.42 suggests undervaluation relative to growth.
⚠️ Limitation
- Quarterly PAT declined slightly from 746 Cr. to 712 Cr.
- RSI indicates neutral momentum, not strong bullishness.
- Dividend yield is modest at 1.31%, not highly attractive for income investors.
📰 Company Negative News
- Quarterly PAT dropped marginally, raising concerns about earnings consistency.
- FII holdings decreased by -0.50%, showing reduced foreign investor confidence.
📈 Company Positive News
- DII holdings increased by 0.58%, reflecting domestic institutional support.
- Quarterly profit variation improved significantly (+93.2% YoY).
- Strong 52-week performance (+57.3%).
🏭 Industry
- Industry PE is 24.3, close to TORNTPOWER’s 22.6, suggesting fair valuation.
- Power sector outlook remains positive, supported by demand growth and renewable energy integration.
🔎 Conclusion
TORNTPOWER is a strong candidate for swing trading. Fundamentals are healthy, and technical indicators show stability with mild bullish momentum. Traders may enter near 1,430–1,450 ₹ with a short-term target of 1,580–1,600 ₹. Risk management is advised due to slight earnings decline, but strong sector outlook and undervaluation relative to growth provide confidence for potential upside.