⚠ 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.
TBOTEK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | TBOTEK | Market Cap | 12,766 Cr. | Current Price | 1,173 ₹ | High / Low | 1,765 ₹ |
| Stock P/E | 267 | Book Value | 75.6 ₹ | Dividend Yield | 0.00 % | ROCE | 14.4 % |
| ROE | 10.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,358 ₹ | DMA 200 | 1,462 ₹ |
| Chg in FII Hold | 0.12 % | Chg in DII Hold | 0.11 % | PAT Qtr | 11.9 Cr. | PAT Prev Qtr | 9.88 Cr. |
| RSI | 33.0 | MACD | -67.5 | Volume | 85,277 | Avg Vol 1Wk | 1,29,116 |
| Low price | 986 ₹ | High price | 1,765 ₹ | PEG Ratio | 11.5 | Debt to equity | 0.12 |
| 52w Index | 24.1 % | Qtr Profit Var | 4.58 % | EPS | 4.24 ₹ | Industry PE | 40.3 |
📊 Technical Analysis
- Chart Patterns: Stock has corrected sharply from highs of ₹1,765, currently stabilizing near ₹1,173 with support at ₹1,150–₹1,170 and resistance around ₹1,350 (50 DMA).
- Moving Averages: Price (₹1,173) below both 50 DMA (₹1,358) and 200 DMA (₹1,462), confirming bearish trend.
- RSI: 33.0 — oversold zone, suggesting potential rebound.
- MACD: -67.5 — bearish crossover, momentum strongly negative.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (85K) below 1-week average (1.29 Lakh), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold signals hint at possible rebound.
- Entry Zone: ₹1,150–₹1,170 (support region).
- Exit Zone: ₹1,330–₹1,350 (resistance region).
- Trend Status: Reversing from uptrend to bearish consolidation.
✅ Positive
- Quarterly PAT growth (₹11.9 Cr vs ₹9.88 Cr, +4.58%).
- EPS at ₹4.24, showing profitability despite correction.
- Low debt-to-equity ratio (0.12), financially stable.
- Both FII (+0.12%) and DII (+0.11%) holdings increased.
⚠️ Limitation
- Extremely high P/E ratio (267) compared to industry average (40.3), indicating unsustainable valuation.
- PEG ratio at 11.5, showing stretched valuation relative to growth.
- Price below both 50 DMA and 200 DMA, confirming bearish trend.
- ROCE (14.4%) and ROE (10.3%) relatively weak.
📉 Company Negative News
- Stock has lost significant value from 52-week highs (₹1,765 to ₹1,173).
- Weak 52-week performance (24.1%), underperforming peers.
📈 Company Positive News
- Quarterly profit growth despite market correction.
- Institutional investors (FII & DII) increased holdings.
- Low leverage ensures financial stability.
🏭 Industry
- Tech & biotech sector PE at 40.3, showing moderate valuations compared to TBOTEK’s extremely high P/E.
- Industry supported by innovation demand but faces valuation pressures.
🔎 Conclusion
- TBOTEK is in a bearish phase, trading well below key moving averages.
- Oversold RSI and Bollinger Band signals suggest potential rebound near ₹1,150–₹1,170.
- Short-term traders can accumulate near support and exit around ₹1,330–₹1,350.
- Long-term investors should be cautious due to unsustainable valuations and weak efficiency metrics despite profitability growth.