TRITURBINE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | TRITURBINE | Market Cap | 18,223 Cr. | Current Price | 573 ₹ | High / Low | 675 ₹ |
| Stock P/E | 50.3 | Book Value | 35.1 ₹ | Dividend Yield | 0.70 % | ROCE | 47.6 % |
| ROE | 36.5 % | Face Value | 1.00 ₹ | DMA 50 | 506 ₹ | DMA 200 | 524 ₹ |
| Chg in FII Hold | -1.57 % | Chg in DII Hold | 1.92 % | PAT Qtr | 106 Cr. | PAT Prev Qtr | 95.5 Cr. |
| RSI | 71.1 | MACD | 30.4 | Volume | 5,46,624 | Avg Vol 1Wk | 9,50,050 |
| Low price | 428 ₹ | High price | 675 ₹ | PEG Ratio | 1.04 | Debt to equity | 0.00 |
| 52w Index | 58.6 % | Qtr Profit Var | 14.4 % | EPS | 11.0 ₹ | Industry PE | 37.9 |
📈 Chart & Trend: TRITURBINE is trading well above both its 50 DMA (506 ₹) and 200 DMA (524 ₹), confirming strong bullish momentum. RSI at 71.1 indicates overbought territory, while MACD at 30.4 shows strong bullish crossover. Bollinger Bands are widening, suggesting volatility expansion and continuation of the uptrend.
🔑 Momentum Signals: Current price (573 ₹) is holding above support at 560–565 ₹. Resistance levels are seen at 590 ₹ and 610 ₹. Volume (5.46L) is below the 1-week average (9.50L), showing reduced participation but still supportive of trend continuation.
🎯 Entry Zone: 560–565 ₹ near support.
💰 Exit Zone: 590 ₹ (partial profit) and 610 ₹ (full exit).
📊 Trend Status: Strong bullish trend with momentum intact.
Positive
- Exceptional ROCE (47.6%) and ROE (36.5%) highlight strong efficiency.
- EPS at 11.0 ₹ supports valuation strength.
- PEG ratio at 1.04 indicates balanced growth-adjusted valuation.
- Debt-free structure ensures financial stability.
- DII holdings increased (+1.92%), showing strong domestic support.
Limitation
- RSI at 71.1 indicates overbought levels, limiting immediate upside.
- Volume below average, reducing breakout conviction.
- High P/E (50.3) vs industry PE (37.9) suggests premium valuation.
- FII holdings reduced (-1.57%), showing weaker foreign confidence.
Company Negative News
- FII outflows (-1.57%) reflect cautious sentiment.
- Valuation concerns due to premium multiples.
Company Positive News
- Quarterly PAT improved (106 Cr. vs 95.5 Cr.), +14.4% variation.
- DII inflows (+1.92%) reflect strong institutional confidence.
- Stock trading near 52-week highs (675 ₹).
Industry
- Industry PE at 37.9 suggests sector trading at moderate valuations compared to TRITURBINE’s premium.
- Power and engineering sector benefiting from infrastructure and renewable energy demand.
Conclusion
TRITURBINE is in a strong bullish trend supported by MACD, RSI, and price action above key moving averages. Entry near 560–565 ₹ is favorable with exits at 590–610 ₹. While fundamentals remain robust with high efficiency and debt-free balance sheet, stretched valuations and reduced volume participation warrant cautious optimism. Best suited for swing trades with potential medium-term continuation.