TITAGARH - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.6

📉 TITAGARH is currently in a consolidation phase with neutral momentum and weak volume support. Entry zone: ₹865–₹884; exit zone: ₹910–₹930. Watch for breakout above 200-DMA with volume confirmation.

📊 Technical Overview

• Price Action: Trading at ₹884, slightly below 50-DMA (₹888) and 200-DMA (₹917), indicating short-term weakness.
• RSI (47.8): Neutral zone, suggesting lack of strong momentum in either direction.
• MACD (-0.09): Flat to mildly bearish crossover, indicating indecision.
• Bollinger Bands: Price near mid-band, suggesting range-bound movement.
• Volume: Below 1-week average, showing weak participation and low conviction.
• Support Zones: ₹865 (S1), ₹840 (S2)
• Resistance Zones: ₹910 (R1), ₹930 (R2)

✅ Positive

• ROCE (17.5%) and ROE (12.8%) reflect efficient capital utilization.
• PEG ratio of 0.58 suggests reasonable valuation relative to growth.
• EPS of ₹20.4 supports long-term valuation strength.
• Increase in DII holdings (+1.10%) shows domestic institutional support.

⚠️ Limitation

• Stock P/E (43.3) is slightly below industry average (47.0), but still elevated.
• Quarterly PAT dropped from ₹78.1 Cr. to ₹42.8 Cr., a 40% decline.
• Volume trends are weak, limiting breakout potential.
• Dividend yield of 0.11% is low for income-focused investors.

📉 Company Negative News

• Quarterly profit contraction may impact near-term sentiment.
• Stock has corrected ~35% from its 52-week high of ₹1,370.

📈 Company Positive News

• FII holdings increased slightly (+0.07%), indicating cautious foreign interest.
• Strong order book in rail infrastructure and defense segments supports long-term growth outlook.

🏢 Industry

• Railway and defense manufacturing sector benefits from government infrastructure push and modernization.
• Industry P/E of 47.0 reflects high growth expectations across peers.

🧭 Conclusion

• TITAGARH is consolidating with neutral technical indicators and weak volume trends.
• Entry zone: ₹865–₹884; exit zone: ₹910–₹930 for short-term swing trades.
• Long-term investors may accumulate on dips, supported by sector tailwinds and improving fundamentals.