TRIVENI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | TRIVENI | Market Cap | 9,024 Cr. | Current Price | 412 ₹ | High / Low | 468 ₹ |
| Stock P/E | 28.5 | Book Value | 141 ₹ | Dividend Yield | 0.61 % | ROCE | 9.01 % |
| ROE | 8.32 % | Face Value | 1.00 ₹ | DMA 50 | 387 ₹ | DMA 200 | 376 ₹ |
| Chg in FII Hold | 0.48 % | Chg in DII Hold | -0.30 % | PAT Qtr | 109 Cr. | PAT Prev Qtr | 31.9 Cr. |
| RSI | 61.1 | MACD | 9.73 | Volume | 7,90,706 | Avg Vol 1Wk | 4,32,934 |
| Low price | 318 ₹ | High price | 468 ₹ | PEG Ratio | -2.07 | Debt to equity | 0.17 |
| 52w Index | 62.9 % | Qtr Profit Var | 92.0 % | EPS | 13.7 ₹ | Industry PE | 14.0 |
📈 Chart & Trend: TRIVENI is trading above both its 50 DMA (387 ₹) and 200 DMA (376 ₹), confirming short-term bullish momentum. RSI at 61.1 indicates healthy buying interest, while MACD at 9.73 shows positive crossover. Bollinger Bands are moderately wide, suggesting volatility expansion with potential continuation of the uptrend.
🔑 Momentum Signals: Current price (412 ₹) is holding above support at 405–410 ₹. Resistance levels are seen at 430 ₹ and 450 ₹. Volume (7.9L) is well above the 1-week average (4.3L), showing strong participation and confirming momentum.
🎯 Entry Zone: 405–410 ₹ near support.
💰 Exit Zone: 430 ₹ (partial profit) and 450 ₹ (full exit).
📊 Trend Status: Consolidating with bullish bias.
Positive
- EPS at 13.7 ₹ supports valuation strength.
- Quarterly PAT surged (109 Cr. vs 31.9 Cr.), +92% variation.
- Price trading above both 50 DMA and 200 DMA confirms bullish structure.
- Low debt-to-equity ratio (0.17) ensures financial stability.
- FII holdings increased (+0.48%), showing foreign investor confidence.
Limitation
- Weak ROCE (9.01%) and ROE (8.32%) highlight modest efficiency.
- PEG ratio at -2.07 indicates poor growth outlook relative to valuation.
- Industry PE (14.0) is much lower than TRIVENI’s P/E (28.5), suggesting overvaluation.
- DII holdings reduced (-0.30%), showing weaker domestic support.
Company Negative News
- Efficiency metrics remain weak despite profit growth.
- DII holdings declined (-0.30%).
Company Positive News
- Quarterly profit growth of +92% shows strong operational improvement.
- FII inflows (+0.48%) reflect institutional confidence.
- Strong 52-week performance (62.9% index level).
Industry
- Industry PE at 14.0 indicates sector trading at lower valuations compared to TRIVENI’s premium.
- Engineering and industrial sector benefiting from infrastructure demand but facing margin pressures.
Conclusion
TRIVENI is consolidating with bullish bias supported by MACD, RSI, and strong volume. Entry near 405–410 ₹ is favorable with exits at 430–450 ₹. While fundamentals show profit recovery and low debt, weak efficiency metrics and overvaluation limit conviction. Best suited for swing trades with cautious monitoring of resistance levels.