TRITURBINE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.8

📈 TRITURBINE is currently in a consolidation phase with mild bullish momentum and technical support near its 50-DMA. Entry zone: ₹520–₹534; exit zone: ₹560–₹575. Watch for breakout above 200-DMA with volume confirmation.

📊 Technical Overview

• Price Action: Trading at ₹534, slightly above 50-DMA (₹533) but below 200-DMA (₹571), indicating short-term strength but medium-term resistance.
• RSI (57.2): Mildly bullish, suggesting upward momentum without being overbought.
• MACD (0.46): Bullish crossover, confirming positive momentum.
• Bollinger Bands: Price near mid-band, indicating range-bound movement with breakout potential.
• Volume: Above 1-week average, showing rising interest and accumulation.
• Support Zones: ₹520 (S1), ₹505 (S2)
• Resistance Zones: ₹560 (R1), ₹575 (R2)

✅ Positive

• Exceptional ROCE (47.6%) and ROE (36.5%) reflect strong operational and financial efficiency.
• Low debt-to-equity ratio (0.02) ensures financial stability.
• EPS of ₹11.7 supports valuation and earnings visibility.
• Volume above average indicates growing investor interest.

⚠️ Limitation

• Stock P/E (49.4) is slightly below industry average (51.3), but still high.
• Quarterly PAT declined from ₹93.7 Cr. to ₹67.0 Cr., a 3.49% contraction.
• Price below 200-DMA may act as resistance in the near term.
• PEG ratio of 1.02 suggests fair valuation but not undervalued.

📉 Company Negative News

• Decline in FII holdings (-1.85%) reflects reduced foreign investor confidence.
• Quarterly profit contraction may impact short-term sentiment.

📈 Company Positive News

• DII holdings increased (+1.73%), showing strong domestic institutional support.
• Strong order book and export growth in turbine segment support long-term outlook.

🏢 Industry

• Capital goods and engineering sector benefits from infrastructure and energy investments.
• Industry P/E of 51.3 reflects high growth expectations across peers.

🧭 Conclusion

• TRITURBINE is consolidating with mild bullish indicators and technical support near 50-DMA.
• Entry zone: ₹520–₹534; exit zone: ₹560–₹575 for short-term swing trades.
• Long-term investors may accumulate on dips, supported by strong fundamentals and sector tailwinds.