TARIL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | TARIL | Market Cap | 7,115 Cr. | Current Price | 237 ₹ | High / Low | 595 ₹ |
| Stock P/E | 32.0 | Book Value | 42.8 ₹ | Dividend Yield | 0.08 % | ROCE | 24.6 % |
| ROE | 20.0 % | Face Value | 1.00 ₹ | DMA 50 | 289 ₹ | DMA 200 | 388 ₹ |
| Chg in FII Hold | -4.20 % | Chg in DII Hold | -1.77 % | PAT Qtr | 71.0 Cr. | PAT Prev Qtr | 16.8 Cr. |
| RSI | 36.9 | MACD | -16.3 | Volume | 21,55,082 | Avg Vol 1Wk | 32,04,609 |
| Low price | 226 ₹ | High price | 595 ₹ | PEG Ratio | 0.23 | Debt to equity | 0.27 |
| 52w Index | 2.92 % | Qtr Profit Var | 40.6 % | EPS | 7.48 ₹ | Industry PE | 35.4 |
📊 Chart Patterns: TARIL is trading at 237 ₹, significantly below both 50 DMA (289 ₹) and 200 DMA (388 ₹). The price has corrected sharply from its 52-week high (595 ₹) and is hovering near its 52-week low (226 ₹), reflecting a prolonged downtrend.
📈 Moving Averages: Current price is under both short-term and long-term averages, confirming bearish sentiment. The 50 DMA is also below the 200 DMA, reinforcing weakness.
📉 RSI: At 36.9, RSI indicates the stock is approaching oversold territory, suggesting potential short-term support but no strong reversal yet.
📉 MACD: Negative at -16.3, showing bearish divergence and lack of buying strength.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term bounce.
📊 Volume Trends: Current volume (21.5 lakh) is lower than average weekly volume (32 lakh), suggesting reduced participation and weak investor interest.
📌 Momentum Signals: Short-term momentum remains bearish. Support lies around 226–230 ₹, while resistance is near 285–290 ₹.
🎯 Entry Zone: 230–240 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 285–290 ₹ (near 50 DMA resistance).
🔎 Trend Status: The stock is consolidating with bearish bias, not yet showing reversal signals.
Positive
- EPS of 7.48 ₹ indicates profitability.
- ROCE (24.6%) and ROE (20.0%) reflect efficient capital usage.
- Quarterly PAT improved significantly from 16.8 Cr. to 71.0 Cr. (40.6% growth).
- PEG ratio of 0.23 suggests attractive valuation relative to growth.
Limitation
- Stock trading below both 50 DMA and 200 DMA shows weak technical strength.
- Sharp correction from 595 ₹ high to current levels reflects investor caution.
- Dividend yield of 0.08% is very low.
- 52-week performance index at 2.92% indicates severe underperformance.
Company Negative News
- FII holdings decreased by -4.20% and DII holdings by -1.77%, showing reduced institutional confidence.
- Stock price has corrected sharply, nearing 52-week lows.
Company Positive News
- Quarterly PAT growth signals improving operational efficiency.
- Strong ROCE and ROE highlight effective capital deployment.
Industry
- Industry PE at 35.4 suggests sector trades at higher valuations compared to TARIL’s P/E of 32.0.
- Sector outlook remains stable with long-term growth potential.
Conclusion
⚠️ TARIL is consolidating with a bearish bias, trading below key moving averages and showing weak momentum. Short-term traders may consider entry near 230–240 ₹ with strict stop-loss, targeting 285–290 ₹ resistance. Long-term investors should wait for a clear reversal above 289 ₹ (50 DMA) with sustained volume before fresh positions.