Tasty Bite Eatables Ltd.
Share Price Target & Analysis
NSE:TASTYBITE
VWAP
Open
Close
High
Low
52 Week High
-83.60 (-0.77%)
TASTYBITE
(CONSUMER GOODS)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: TASTYBITE Share Price Financial Analysis & Valuation
Tasty Bite Eatables Ltd. (TASTYBITE) is broadly categorized in CONSUMER GOODS segment industry which deals in Food Processing vertical.
It is one of Small Cap company with Market Capitalization of Rs 3297.8 (in Cr). Total number of free float shares are 0.3 (in Lacs).
Tasty Bite Eatables Ltd. is listed on NSE with Exchange ID - INE488B01017 and trading code is NSE:TASTYBITE with short name Tasty Bite.
In the past 1 year, Tasty Bite Eatables Ltd. has declared an equity dividend of Rs 1 per share. At the current share price of TASTYBITE at Rs 10735.90, this results in a dividend yield of 0.01 %.
As per the Fundamental Analysis of NSE:TASTYBITE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TASTYBITE underlying value and future prospects. All of this data is available in TASTYBITE financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:TASTYBITE, it is clearly understood that TASTYBITE is Economical performer in terms of earnings and profit margins with an EPS of 59.14. NSE:TASTYBITE book value per share as of today is 1116.81. The current price to book ratio for TASTYBITE as of Nov 23, 2024 is 9.61.
Valuation of the Stock: The current valuation of TASTYBITE stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of TASTYBITE whether to BUY this stock at current valuation. The delivery percentage of TASTYBITE is 37.69% is very crucial parameter which shows that 37.69% investors are anticipating that the price of TASTYBITE share should go up with VWAP at 10837.7.
Now, the main question is whether to BUY or SELL, NSE:TASTYBITE at current valuation.
As per latest Analysis No. #758:-
⇑ STRONG BUY TASTYBITE if All Greens
⇗ BUY TASTYBITE (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD TASTYBITE (With Stop Loss) if only 1 Green
⇘ SELL TASTYBITE if NO Green Indicator
NSE: TASTYBITE Share Price Today (Nov 23, 2024)
(Tasty Bite Eatables Ltd. Daily Analysis on the basis of TASTYBITE Intraday Graph & Trend)
Tasty Bite Eatables Ltd. share price moved Down by -0.77% from its previous close of Rs 10819.5. TASTYBITE stock last traded price is 10735.90. TASTYBITE share price trend is Down with a total of 2367 stocks traded till now. It has touched an intraday high of Rs 11010 and an intraday low of Rs 10605. The TASTYBITE trading at 10735.90, Down by Rs. -83.60, or -0.77 percent which suggests that most of the Traders are anticipating that the price of TASTYBITE share should go Down.
NSE: TASTYBITE Share Price Tomorrow Prediction
(Tasty Bite Eatables Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TASTYBITE)
Tasty Bite Eatables Ltd. share price moved Down by -0.77%. TASTYBITE share price short term trend is Down. It suggests that TASTYBITE Share Price for Tomorrow remains the same with VWAP at 10837.7 will be treated as stop loss for intraday traders. Tasty Bite Eatables Ltd. Long term investors can follow the TASTYBITE long term trend as mentiond in future forecast table.
NSE Code |
NSE: TASTYBITE |
TASTYBITE Share Price Today |
10735.90 |
TASTYBITE Share Price Target Prediction for 2024 ^ |
9540.5 - 13389.7 |
TASTYBITE Share Price Target Prediction for 2025*^ |
13389.7 - 17255.1 |
TASTYBITE Share Price Target Prediction for 2026*^ |
17255.1 - 18463 |
TASTYBITE Share Price Target Prediction for 2027*^ |
19386 |
TASTYBITE Share Price Target Prediction for 2028*^ |
19940 |
TASTYBITE Share Price Target Prediction for 2030*^ |
21735 |
TASTYBITE Current Book Value 2023 |
1111.2 |
*Tasty Bite Eatables Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^TASTYBITE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
TASTYBITE Technical Analysis
Candlestick Pattern: @12180.4MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 12098.8 | BUY | 12077.5 | BUY |
MA_12 | 12084.9 | BUY | 12155.8 | BUY |
MA_20 | 12212.4 | SELL | 12238.1 | SELL |
MA_32 | 12416.8 | SELL | 12346.5 | SELL |
MA_50 | 12689.7 | SELL | 12349 | SELL |
MA_100 | 12058 | BUY | 12230.1 | SELL |
MA_200 | 11987.5 | BUY | 12249.9 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 12212.4 | Downtrend |
MACD | 5.95 | BUY |
ADX | 28.99 | Strong Trend |
DMI (+/-) | 9.66 / 24.49 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 48 | Neutral |
STOCHASTIC_K (Fast) | 54.22 | Neutral |
STOCHASTIC_D (Slow) | 36.34 | Neutral |
CCI | -55.6 | Neutral |
PSAR | 12694.6 | SELL |
TRUE RANGE | 785.95 | BUY |
ATR | 496.73 | BUY |
WILLIAMS R | -36.84 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 91.51 | Overbought |
STOCHASTIC RSI D | 30.5 | Neutral |
MOMENTUM | -636.7 | SELL |
Duration | Value |
---|---|
1 Year | -23.06% |
3 Months | 23.1% |
1 Month | -4.97% |
1 Week | -2.29% |
Action | Overall (%) |
---|---|
BUY | 37% |
NEUTRAL / HOLD | 23% |
SELL | 40% |
Most popular Questions & Answers about TASTYBITE
Tasty Bite Eatables Ltd. stock last traded price is 10735.90. TASTYBITE share price moved Down by -0.77% from its previous close of Rs 10819.5.
Tasty Bite Eatables Ltd. share price trend is Down with a total of 2367 stocks traded till now. It has touched an intraday high of Rs 16278.372 and an intraday low of Rs 10605. The TASTYBITE trading at 10735.90, Down by Rs. -83.60, or -0.77 percent which suggests that most of the Traders are anticipating that the price of TASTYBITE share should go Down and the Stop Loss will be around 10837.7.
The market cap of Tasty Bite Eatables Ltd. is ₹3297.8 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Tasty Bite Eatables Ltd. as of Nov 22, 2024 is 55.4.
The current price to book ratio for Tasty Bite Eatables Ltd. as of Nov 22, 2024 is 9.61.
The highest price of Tasty Bite Eatables Ltd. stock is ₹16117.2 in the last 52-week.
The lowest price of Tasty Bite Eatables Ltd. stock is ₹9100 in the last 52-week.
Tasty Bite Eatables Ltd. share trading at ₹10735.90, Down by Rs. -83.60, or -0.77 percent which suggests that most of the traders are anticipating that the price of TASTYBITE share should go Down.
In 2023, Stock price target for Tasty Bite Eatables Ltd. (TASTYBITE) are ₹9540.5 on downside and ₹13389.7 on upside. Tasty Bite Eatables Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Tasty Bite Eatables Ltd. (TASTYBITE) are ₹13389.7 on downside and ₹17255.1 on upside. Tasty Bite Eatables Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Tasty Bite Eatables Ltd. (TASTYBITE) are ₹17255.1 on downside and ₹18463 on upside. Tasty Bite Eatables Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Tasty Bite Eatables Ltd. (TASTYBITE) will be around ₹19940 Tasty Bite Eatables Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of TASTYBITE.
The price of Tasty Bite Eatables Ltd. (TASTYBITE) shares moved by -0.77%. The short-term trend for TASTYBITE share price is Down. It implies that the share price of TASTYBITE will stay the same tomorrow and that intraday traders should treat VWAP at 10837.7 as a stop loss. Investors with a long-term outlook can track TASTYBITE long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of TASTYBITE stock is 709.1. Compared to the current market price of 10735.90 INR, the TASTYBITE stock is Overvalued by 93.4%.
As per the fundamental analysis of Tasty Bite Eatables Ltd. (TASTYBITE), it is of Economical quality in terms of earnings and profit margins with an EPS of 59.14. Tasty Bite Eatables Ltd. book value per share as of today is 1116.81. The current price to book ratio for TASTYBITE as of Nov 23, 2024 is 9.61.
NSE:TASTYBITE News & Other Useful Information about TASTYBITE Share Price
Peer Comparison of NSE: TASTYBITE
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Food Processing
Company | Price | EPS | BV |
---|---|---|---|
NESTLEIND | 2242.50 | 34.46 | 34.65 |
BRITANNIA | 4849.95 | 86.56 | 146.45 |
FOODSIN | 112.64 | 3.82 | 54.94 |
VBL | 616.40 | 6.87 | 21.78 |
NGIL | 36.05 | 0 | 19.29 |
HATSUN | 1055.75 | 13.67 | 70.58 |
MEGASTAR | 227.55 | 3.65 | 81.04 |
KRBL | 294.50 | 19.08 | 211.87 |
GAEL | 121.06 | 7.38 | 60.37 |
HNDFDS | 546.60 | 7.43 | 48.22 |