TMPV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.0
| Stock Code | TMPV | Market Cap | 1,26,948 Cr. | Current Price | 345 ₹ | High / Low | 449 ₹ |
| Stock P/E | 19.2 | Book Value | 66.7 ₹ | Dividend Yield | 1.74 % | ROCE | 20.3 % |
| ROE | 17.9 % | Face Value | 2.00 ₹ | DMA 50 | 359 ₹ | DMA 200 | 397 ₹ |
| Chg in FII Hold | 0.75 % | Chg in DII Hold | -1.95 % | PAT Qtr | -237 Cr. | PAT Prev Qtr | 3,855 Cr. |
| RSI | 43.4 | MACD | -4.05 | Volume | 89,30,099 | Avg Vol 1Wk | 1,16,63,143 |
| Low price | 324 ₹ | High price | 449 ₹ | PEG Ratio | 0.25 | Debt to equity | 0.12 |
| 52w Index | 16.7 % | Qtr Profit Var | -1,680 % | EPS | 245 ₹ | Industry PE | 30.8 |
📈 Chart Patterns & Trend: TMPV is trading at 345 ₹, below both the 50 DMA (359 ₹) and 200 DMA (397 ₹), indicating short-term and medium-term weakness. RSI at 43.4 suggests neutral momentum leaning toward oversold territory. MACD at -4.05 shows bearish crossover, signaling downward bias. Bollinger Bands place price near the lower-middle range, hinting at consolidation with bearish undertone.
📊 Volume Trends: Current volume (89.3 lakh) is lower than the 1-week average (116.6 lakh), reflecting reduced participation and cautious sentiment among traders.
🎯 Momentum Signals:
- Price below both 50 DMA and 200 DMA confirms bearish bias.
- RSI near oversold zone may trigger a technical bounce.
- MACD negative, reinforcing weak momentum.
💡 Entry Zone: 330–345 ₹ (near support).
🚪 Exit Zone: 390–400 ₹ (near 200 DMA resistance).
🔎 Overall Trend: The stock is reversing from highs and currently in a bearish phase. Sustained recovery requires crossing 359–397 ₹ with volume support.
Positive
- EPS of 245 ₹ supports strong long-term valuation.
- ROCE of 20.3% and ROE of 17.9% indicate efficient capital use.
- Dividend yield of 1.74% provides steady income for investors.
- FII holdings increased (+0.75%), showing foreign investor confidence.
Limitation
- Stock trading below both 50 DMA and 200 DMA, confirming weakness.
- Quarterly PAT turned negative (-237 Cr. vs 3,855 Cr.), showing earnings pressure.
- DII holdings decreased (-1.95%), reflecting reduced domestic institutional support.
- PEG ratio of 0.25 highlights valuation concerns despite growth potential.
Company Negative News
- Quarterly profit variation declined sharply (-1,680%).
- Stock price corrected from highs of 449 ₹ to 345 ₹.
- MACD bearish crossover indicates short-term weakness.
Company Positive News
- EPS remains strong at 245 ₹ despite quarterly loss.
- FII support increased, signaling global confidence.
- Dividend yield of 1.74% supports long-term investors.
Industry
- Industry PE at 30.8 is higher than TMPV’s PE of 19.2, suggesting undervaluation relative to peers.
- Automobile sector supported by rising demand and cyclical recovery.
- Sector consolidation favors established players like TMPV.
Conclusion
TMPV is in a bearish phase, trading below key moving averages with weak momentum signals. Entry near 330–345 ₹ offers limited risk, while resistance lies at 390–400 ₹. The stock needs stronger volume and a break above 359–397 ₹ to confirm reversal. Long-term fundamentals remain strong, but short-term traders should be cautious until profitability stabilizes.
I can also prepare a comparative snapshot of TMPV vs TVSMOTOR to highlight which one offers stronger near-term trading potential.