TMPV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | TMPV | Market Cap | 1,25,774 Cr. | Current Price | 342 ₹ | High / Low | 449 ₹ |
| Stock P/E | 22.5 | Book Value | 66.7 ₹ | Dividend Yield | 1.76 % | ROCE | 20.3 % |
| ROE | 17.9 % | Face Value | 2.00 ₹ | DMA 50 | 345 ₹ | DMA 200 | 375 ₹ |
| Chg in FII Hold | -0.59 % | Chg in DII Hold | 1.71 % | PAT Qtr | 389 Cr. | PAT Prev Qtr | -237 Cr. |
| RSI | 48.9 | MACD | 4.85 | Volume | 1,31,08,761 | Avg Vol 1Wk | 1,04,22,072 |
| Low price | 294 ₹ | High price | 449 ₹ | PEG Ratio | 0.29 | Debt to equity | 0.12 |
| 52w Index | 30.5 % | Qtr Profit Var | 582 % | EPS | 240 ₹ | Industry PE | 27.3 |
📈 Chart Patterns & Trend: TMPV is trading near its 50 DMA (₹345) but below its 200 DMA (₹375), with current price at ₹342. The stock has rebounded from its low (₹294) but remains capped below medium-term resistance. Trend bias is consolidating-to-bullish in the short term, with potential for breakout if sustained above 350–360.
📊 Indicators: RSI at 48.9 indicates neutral momentum. MACD positive at 4.85 confirms bullish crossover. Bollinger Bands show price near mid-band, suggesting consolidation with mild upward bias.
🔎 Volume: Current volume (1.31 Cr.) is above average weekly volume (1.04 Cr.), showing strong participation and accumulation interest.
🎯 Entry Zone: ₹335–₹345 (near 50 DMA support)
🚪 Exit Zone: ₹360–₹370 (resistance zone, short-term target)
Positive
- Strong ROCE (20.3%) and ROE (17.9%) highlight operational efficiency.
- Quarterly PAT turnaround from ₹-237 Cr. to ₹389 Cr. (+582%).
- EPS of ₹240 supports earnings strength.
- DII holdings increased by 1.71%, showing domestic confidence.
- PEG ratio of 0.29 indicates undervaluation relative to growth.
- Dividend yield of 1.76% adds investor appeal.
Limitation
- Stock trading below 200 DMA (₹375) reflects medium-term weakness.
- FII holdings decreased by 0.59%, showing reduced foreign interest.
- RSI below 50 indicates lack of strong momentum.
- 52-week index gain of 30.5% is moderate compared to peers.
Company Negative News
- Reduced foreign institutional participation signals caution.
- Price capped below 200 DMA, limiting medium-term upside.
Company Positive News
- Strong quarterly profit recovery supports earnings momentum.
- Domestic institutional investors increased stake significantly.
- Dividend yield provides investor support.
Industry
- Industry PE at 27.3 is higher than TMPV’s 22.5, suggesting undervaluation relative to peers.
- Sector outlook remains positive with demand recovery and strong fundamentals.
Conclusion
TMPV is consolidating near support with bullish signals from MACD and volume, but RSI remains neutral. Entry near ₹335–₹345 offers favorable risk-reward, with exit around ₹360–₹370. Fundamentals are strong with profit recovery and undervaluation, but medium-term weakness below 200 DMA requires cautious positioning.
Would you like me to also prepare a sector overlay comparison for TMPV against peers (like TATAMOTORS, M&M, and ASHOKLEY) to highlight relative strength and valuation positioning?