TBOTEK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | TBOTEK | Market Cap | 13,632 Cr. | Current Price | 1,255 ₹ | High / Low | 1,765 ₹ |
| Stock P/E | 285 | Book Value | 75.6 ₹ | Dividend Yield | 0.00 % | ROCE | 14.4 % |
| ROE | 10.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,253 ₹ | DMA 200 | 1,396 ₹ |
| Chg in FII Hold | -1.14 % | Chg in DII Hold | 1.33 % | PAT Qtr | 11.9 Cr. | PAT Prev Qtr | 9.88 Cr. |
| RSI | 55.4 | MACD | 21.4 | Volume | 46,416 | Avg Vol 1Wk | 61,035 |
| Low price | 1,004 ₹ | High price | 1,765 ₹ | PEG Ratio | 12.3 | Debt to equity | 0.12 |
| 52w Index | 33.0 % | Qtr Profit Var | 4.58 % | EPS | 4.24 ₹ | Industry PE | 44.2 |
📈 Chart Patterns & Trend: TBOTEK is trading near its 50 DMA (₹1,253) but below its 200 DMA (₹1,396), with current price at ₹1,255. The stock is consolidating after a sharp decline from its high (₹1,765). Trend bias is neutral-to-bearish with limited momentum.
📊 Indicators: RSI at 55.4 suggests neutral momentum. MACD positive at 21.4 indicates mild bullish crossover, but strength is limited. Bollinger Bands show price near mid-band, reflecting sideways consolidation.
🔎 Volume: Current volume (46K) is below average weekly volume (61K), showing weak participation and lack of conviction.
🎯 Entry Zone: ₹1,230–₹1,250 (near 50 DMA support)
🚪 Exit Zone: ₹1,300–₹1,320 (resistance zone, short-term target)
Positive
- Quarterly PAT growth of 4.58% (₹11.9 Cr. vs ₹9.88 Cr.).
- EPS of ₹4.24 supports earnings visibility.
- DII holdings increased by 1.33%, showing domestic confidence.
- Stock trading near 50 DMA support zone offers tactical opportunity.
Limitation
- Extremely high P/E of 285 compared to industry average (44.2).
- PEG ratio of 12.3 indicates stretched valuation relative to growth.
- ROCE (14.4%) and ROE (10.3%) remain modest.
- FII holdings decreased by 1.14%, showing reduced foreign interest.
- Stock trading below 200 DMA reflects weak medium-term strength.
Company Negative News
- No major negative news reported, but extreme valuation and weak participation remain concerns.
Company Positive News
- Sequential profit growth supports near-term momentum.
- Domestic institutional investors increased stake, reflecting confidence.
Industry
- Industry PE at 44.2 is far lower than TBOTEK’s 285, highlighting extreme premium valuation.
- Tech sector outlook remains positive with digital adoption, but valuations are stretched.
Conclusion
TBOTEK is consolidating near support with mild bullish signals from MACD and RSI. Entry near ₹1,230–₹1,250 offers tactical opportunity, with exit around ₹1,300–₹1,320. Fundamentals show growth, but extreme valuations and weak participation limit upside potential. Short-term bias remains cautious.
Would you like me to also prepare a risk-managed intraday setup for TBOTEK, with tighter stop-loss levels and momentum triggers, alongside this swing/investment view?