⚠ 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.
TITAGARH - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | TITAGARH | Market Cap | 8,730 Cr. | Current Price | 649 ₹ | High / Low | 974 ₹ |
| Stock P/E | 36.8 | Book Value | 193 ₹ | Dividend Yield | 0.15 % | ROCE | 17.5 % |
| ROE | 12.8 % | Face Value | 2.00 ₹ | DMA 50 | 735 ₹ | DMA 200 | 831 ₹ |
| Chg in FII Hold | 1.10 % | Chg in DII Hold | -0.17 % | PAT Qtr | 62.3 Cr. | PAT Prev Qtr | 51.8 Cr. |
| RSI | 35.6 | MACD | -35.3 | Volume | 7,79,857 | Avg Vol 1Wk | 7,62,859 |
| Low price | 610 ₹ | High price | 974 ₹ | PEG Ratio | 0.50 | Debt to equity | 0.25 |
| 52w Index | 10.7 % | Qtr Profit Var | -9.69 % | EPS | 16.6 ₹ | Industry PE | 47.9 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (₹735) and 200 DMA (₹831), showing weakness. Support at ₹610, resistance around ₹735–₹831.
- Moving Averages: Current price (₹649) is below both averages, confirming bearish bias.
- RSI: 35.6 — oversold zone, suggesting potential short-term bounce.
- MACD: -35.3 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, indicating oversold conditions.
- Volume Trends: Current volume (7.79L) slightly above 1-week average (7.62L), showing steady participation despite weakness.
📈 Momentum & Signals
- Short-term Momentum: Weak, but oversold RSI hints at possible rebound.
- Entry Zone: ₹620–₹650 (near support, risk-managed).
- Exit Zone: ₹735–₹831 (first resistance), ₹900 (next resistance).
- Trend Status: Downtrend with consolidation attempts; reversal only above ₹735.
✅ Positive
- Book value at ₹193 provides valuation cushion.
- ROE at 12.8% and ROCE at 17.5% show efficient capital use.
- EPS at ₹16.6 reflects profitability.
- PEG ratio at 0.50 suggests attractive valuation relative to growth.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, bearish technical setup.
- Dividend yield at 0.15% is modest.
- Quarterly profit variation at -9.69% shows earnings volatility.
📰 Company Negative News
- Stock corrected sharply from 52-week high of ₹974 to current ₹649.
- Quarterly PAT growth slowed (₹62.3 Cr vs ₹51.8 Cr), reflecting margin pressure.
🌟 Company Positive News
- FII holdings increased by 1.10%, showing foreign investor confidence.
- Consistent profitability with EPS at ₹16.6.
- Strong fundamentals with moderate debt-to-equity ratio (0.25).
🏭 Industry
- Industry PE at 47.9, higher than company PE (36.8), indicating TITAGARH trades at a discount.
- Railway and engineering sector remains strong with government infrastructure push.
🔎 Conclusion
- TITAGARH is in a downtrend but oversold RSI suggests short-term bounce potential.
- Short-term traders may consider entry near ₹620–₹650 with exit around ₹735–₹831.
- Breakout above ₹735 could trigger reversal towards ₹900.
- Long-term investors may find value given discount PE and strong fundamentals, but should watch earnings consistency.