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TARIL - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.9

Last Updated Time : 19 Mar 26, 09:02 pm

Technical Rating: 3.9

Stock Code TARIL Market Cap 8,571 Cr. Current Price 286 ₹ High / Low 595 ₹
Stock P/E 38.6 Book Value 42.8 ₹ Dividend Yield 0.07 % ROCE 24.6 %
ROE 20.0 % Face Value 1.00 ₹ DMA 50 287 ₹ DMA 200 360 ₹
Chg in FII Hold -4.20 % Chg in DII Hold -1.77 % PAT Qtr 71.0 Cr. PAT Prev Qtr 16.8 Cr.
RSI 51.7 MACD 0.89 Volume 48,74,559 Avg Vol 1Wk 50,03,575
Low price 224 ₹ High price 595 ₹ PEG Ratio 0.28 Debt to equity 0.27
52w Index 16.7 % Qtr Profit Var 40.6 % EPS 7.48 ₹ Industry PE 33.0

📊 Technical Analysis

  • Chart Patterns: Stock is trading near 50 DMA (₹287) but below 200 DMA (₹360), showing mixed signals. Support at ₹270–₹287, resistance around ₹360–₹400.
  • Moving Averages: Current price (₹286) is aligned with 50 DMA but below 200 DMA, suggesting consolidation with bearish undertone.
  • RSI: 51.7 — neutral, indicating balanced momentum.
  • MACD: 0.89 — slightly bullish crossover, momentum stabilizing.
  • Bollinger Bands: Price near mid-band, suggesting consolidation with potential upside.
  • Volume Trends: Current volume (48.7L) slightly below 1-week average (50.0L), showing steady participation but no breakout activity.

📈 Momentum & Signals

  • Short-term Momentum: Neutral to mildly bullish with MACD positive and RSI stable.
  • Entry Zone: ₹270–₹290 (near support).
  • Exit Zone: ₹360–₹400 (first resistance), ₹450 (next resistance).
  • Trend Status: Consolidation with early signs of reversal; breakout above ₹360 would confirm bullish trend.

✅ Positive

  • Strong ROE at 20% and ROCE at 24.6% show efficient capital use.
  • Quarterly PAT improved significantly (₹71 Cr vs ₹16.8 Cr), showing earnings recovery.
  • PEG ratio at 0.28 suggests attractive valuation relative to growth.

⚠️ Limitation

  • Stock trading below 200 DMA, limiting long-term bullish confirmation.
  • Dividend yield at 0.07% is very modest.
  • FII holdings decreased by -4.20% and DII holdings by -1.77%, showing reduced institutional confidence.

📰 Company Negative News

  • Stock corrected sharply from 52-week high of ₹595 to current ₹286.
  • Institutional investors reduced holdings, indicating cautious sentiment.

🌟 Company Positive News

  • Quarterly profit variation at 40.6% shows strong operational improvement.
  • EPS at ₹7.48 reflects profitability despite recent corrections.
  • Low debt-to-equity ratio (0.27) indicates financial stability.

🏭 Industry

  • Industry PE at 33.0, slightly lower than company PE (38.6), indicating TARIL trades at a premium.
  • Sector outlook remains strong with infrastructure and industrial demand driving growth.

🔎 Conclusion

  • TARIL is consolidating with early bullish signals but weak institutional sentiment.
  • Short-term traders may consider entry near ₹270–₹290 with exit around ₹360–₹400.
  • Breakout above ₹360 could trigger reversal towards ₹450.
  • Long-term investors may find value given strong fundamentals and attractive PEG ratio, but should monitor institutional activity closely.

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