TARIL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | TARIL | Market Cap | 9,340 Cr. | Current Price | 310 ₹ | High / Low | 579 ₹ |
| Stock P/E | 41.4 | Book Value | 48.0 ₹ | Dividend Yield | 0.06 % | ROCE | 20.8 % |
| ROE | 17.0 % | Face Value | 1.00 ₹ | DMA 50 | 304 ₹ | DMA 200 | 341 ₹ |
| Chg in FII Hold | 1.32 % | Chg in DII Hold | -2.41 % | PAT Qtr | 77.5 Cr. | PAT Prev Qtr | 71.0 Cr. |
| RSI | 51.2 | MACD | -0.45 | Volume | 21,95,841 | Avg Vol 1Wk | 26,64,811 |
| Low price | 224 ₹ | High price | 579 ₹ | PEG Ratio | 0.50 | Debt to equity | 0.29 |
| 52w Index | 24.3 % | Qtr Profit Var | 4.34 % | EPS | 7.51 ₹ | Industry PE | 35.3 |
📊 Chart Analysis: TARIL trades at ₹310, slightly above its 50 DMA (₹304) but below the 200 DMA (₹341), showing short-term strength but medium-term weakness. RSI at 51.2 indicates neutral momentum. MACD at -0.45 is mildly negative, suggesting weak bearish crossover. Bollinger Bands place the price near the midline, pointing to consolidation. Current volume (21.9L) is below the 1-week average (26.6L), reflecting reduced participation.
📈 Momentum Signals: Short-term momentum is neutral with mild bearish bias. A move above ₹320 could trigger upside, while a drop below ₹300 risks renewed weakness.
💡 Entry Zone: ₹295–₹310 (support near 50 DMA).
🚪 Exit Zone: ₹335–₹350 (resistance near 200 DMA and trendline).
🔎 Trend Status: The stock is consolidating after falling from its 52-week high of ₹579, with weak volume limiting breakout potential.
Positive
- 📌 EPS of ₹7.51 with consistent profitability.
- 📌 ROCE of 20.8% and ROE of 17.0% show healthy efficiency.
- 📌 PEG ratio of 0.50 suggests attractive valuation relative to growth.
- 📌 PAT improved from ₹71 Cr. to ₹77.5 Cr. (+4.34% variation).
Limitation
- ⚠️ Price below 200 DMA indicates medium-term weakness.
- ⚠️ DII holding decreased (-2.41%), reflecting reduced domestic institutional support.
- ⚠️ Weak trading volumes compared to average, limiting momentum strength.
Company Negative News
- ❌ Decline in institutional domestic support (DII).
- ❌ Stock still far below 52-week high of ₹579, showing long-term weakness.
Company Positive News
- ✅ FII holding increased (+1.32%), showing strong foreign investor confidence.
- ✅ Solid fundamentals with low debt-to-equity ratio (0.29).
Industry
- 🌐 Engineering and manufacturing sector remains in growth phase with strong demand.
- 🌐 Industry PE at 35.3 is lower than TARIL’s PE (41.4), suggesting premium valuation.
Conclusion
📌 TARIL is consolidating with neutral momentum supported by RSI but limited by weak volumes and negative MACD. Traders may consider entries near ₹295–₹310 and exits around ₹335–₹350. While fundamentals are solid with attractive PEG ratio and profitability, declining DII support and medium-term weakness warrant cautious optimism.
For deeper clarity, we could refine support and resistance mapping, expand on volume analysis to confirm momentum, or dive into RSI and MACD signals for short-term trading cues.