TIINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | TIINDIA | Market Cap | 58,402 Cr. | Current Price | 3,017 ₹ | High / Low | 3,420 ₹ |
| Stock P/E | 69.1 | Book Value | 309 ₹ | Dividend Yield | 0.12 % | ROCE | 19.5 % |
| ROE | 15.1 % | Face Value | 1.00 ₹ | DMA 50 | 2,817 ₹ | DMA 200 | 2,811 ₹ |
| Chg in FII Hold | -1.73 % | Chg in DII Hold | 2.07 % | PAT Qtr | 290 Cr. | PAT Prev Qtr | 200 Cr. |
| RSI | 59.3 | MACD | 42.3 | Volume | 2,54,849 | Avg Vol 1Wk | 3,91,334 |
| Low price | 2,165 ₹ | High price | 3,420 ₹ | PEG Ratio | 10.9 | Debt to equity | 0.01 |
| 52w Index | 67.9 % | Qtr Profit Var | -65.0 % | EPS | 42.8 ₹ | Industry PE | 27.0 |
📊 Chart Analysis: TIINDIA trades at ₹3,017, above both its 50 DMA (₹2,817) and 200 DMA (₹2,811), signaling strong bullish momentum. RSI at 59.3 indicates neutral-to-slightly bullish conditions. MACD at 42.3 is positive, confirming bullish crossover. Bollinger Bands place the price near the upper band, suggesting upward momentum with caution for short-term pullback. Current volume (2.5L) is below the 1-week average (3.9L), reflecting weaker participation despite price strength.
📈 Momentum Signals: Short-term momentum is bullish. Sustained trade above ₹3,050 could trigger further upside, while support lies near ₹2,950.
💡 Entry Zone: ₹2,950–₹3,000 (support near DMA levels).
🚪 Exit Zone: ₹3,100–₹3,200 (resistance near recent highs and trendline).
🔎 Trend Status: The stock is trending upward with strong bullish signals, though volume weakness suggests cautious optimism.
Positive
- 📌 EPS of ₹42.8 with consistent profitability.
- 📌 ROCE of 19.5% and ROE of 15.1% show healthy efficiency.
- 📌 Debt-free balance sheet (0.01 debt-to-equity).
- 📌 PAT improved from ₹200 Cr. to ₹290 Cr.
Limitation
- ⚠️ High P/E of 69.1 compared to industry PE (27.0), suggesting overvaluation.
- ⚠️ PEG ratio of 10.9 highlights expensive growth outlook.
- ⚠️ Weak trading volumes compared to average, limiting momentum strength.
Company Negative News
- ❌ FII holding decreased (-1.73%), reflecting reduced foreign investor confidence.
- ❌ Quarterly profit variation at -65% shows margin pressure.
Company Positive News
- ✅ DII holding increased (+2.07%), showing strong domestic institutional support.
- ✅ Strong 52-week index performance at 67.9% highlights robust momentum.
Industry
- 🌐 Engineering and manufacturing sector remains resilient with steady demand.
- 🌐 Industry PE at 27.0 is lower than TIINDIA’s PE, suggesting premium valuation.
Conclusion
📌 TIINDIA is trending upward with bullish signals supported by MACD, RSI, and moving averages. Traders may consider entries near ₹2,950–₹3,000 and exits around ₹3,100–₹3,200. While fundamentals are solid with profitability and debt-free balance sheet, high valuation, weak volumes, and declining foreign support warrant cautious optimism for medium-term investors.
For deeper clarity, we could refine support and resistance mapping, expand on volume analysis to confirm sustainability, or dive into RSI and MACD signals for short-term trading cues.