⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
TATAPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | TATAPOWER | Market Cap | 1,27,734 Cr. | Current Price | 400 ₹ | High / Low | 417 ₹ |
| Stock P/E | 106 | Book Value | 59.0 ₹ | Dividend Yield | 0.56 % | ROCE | 14.8 % |
| ROE | 18.1 % | Face Value | 1.00 ₹ | DMA 50 | 379 ₹ | DMA 200 | 383 ₹ |
| Chg in FII Hold | -0.19 % | Chg in DII Hold | 0.86 % | PAT Qtr | -160 Cr. | PAT Prev Qtr | 431 Cr. |
| RSI | 62.9 | MACD | 6.71 | Volume | 76,41,291 | Avg Vol 1Wk | 1,33,55,468 |
| Low price | 332 ₹ | High price | 417 ₹ | PEG Ratio | 6.95 | Debt to equity | 1.24 |
| 52w Index | 79.8 % | Qtr Profit Var | -116 % | EPS | 3.76 ₹ | Industry PE | 24.6 |
📊 Technical Analysis
- Chart Patterns: Stock has moved close to its 52-week high of ₹417, currently near ₹400 with support at ₹380–₹390 and resistance around ₹410–₹417.
- Moving Averages: Price (₹400) above both 50 DMA (₹379) and 200 DMA (₹383), showing bullish strength.
- RSI: 62.9 — moderately strong, nearing overbought zone.
- MACD: 6.71 — bullish crossover, momentum positive.
- Bollinger Bands: Price near upper band, suggesting strong momentum but risk of short-term pullback.
- Volume Trends: Current volume (76.4 Lakh) below 1-week average (133.5 Lakh), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Strong, with bullish bias but nearing overbought levels.
- Entry Zone: ₹380–₹400 (support region).
- Exit Zone: ₹410–₹417 (resistance region).
- Trend Status: Trending upward with caution near highs.
✅ Positive
- Price trading above both 50 DMA and 200 DMA, showing bullish strength.
- Strong ROE (18.1%) and ROCE (14.8%).
- DII holdings increased (+0.86%).
- Dividend yield at 0.56%, providing steady returns.
⚠️ Limitation
- Extremely high P/E ratio (106) compared to industry average (24.6), indicating expensive valuation.
- PEG ratio at 6.95, showing stretched valuation relative to growth.
- Debt-to-equity ratio at 1.24, relatively high leverage.
- Volume below weekly average, showing reduced participation.
📉 Company Negative News
- Sequential PAT decline (₹-160 Cr vs ₹431 Cr).
- Quarterly profit variation (-116%) highlights sharp deterioration.
- FII holdings decreased (-0.19%).
📈 Company Positive News
- Stock trading near 52-week highs, showing strong momentum.
- DII participation increased, showing domestic institutional confidence.
- Dividend yield provides consistent returns.
⚡ Industry
- Power & utilities sector PE at 24.6, showing moderate valuations compared to Tata Power’s premium pricing.
- Industry supported by renewable energy expansion and infrastructure growth.
🔎 Conclusion
- TATAPOWER is trending upward, trading above key moving averages.
- RSI and Bollinger Band signals suggest strong momentum but caution near overbought levels.
- Short-term traders can accumulate near ₹380–₹400 and exit around ₹410–₹417.
- Long-term investors should be cautious due to high valuations and recent profit decline despite strong sectoral outlook.