NIFTY 23907.25 BANK 51135.40

Tega Industries Limited
Share Price Target & Analysis

NSE:TEGA

1693.34

VWAP

1756.75

Open

1747.75

Close

1756.75

High

1671.05

Low

2328.9

52 Week High

1701.40 ⇩
-46.35 (-2.65%)

TEGA

(Miscellaneous)
54% Momentum

Turnaround Potential

963.95

52 Week Low

22.65

EPS

56.09

PE

9.88

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: TEGA Share Price Financial Analysis & Valuation

Tega Industries Limited (TEGA) is broadly categorized in Miscellaneous segment industry which deals in Engineering - Industrial Equipments vertical. It is one of Small Cap company with Market Capitalization of Rs 3074.68 (in Cr). Total number of free float shares are 0 (in Lacs). Tega Industries Limited is listed on NSE with Exchange ID - INE011K01018 and trading code is NSE:TEGA with short name Tega Industries.

In the past 1 year, Tega Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of TEGA at Rs 1701.40, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:TEGA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine TEGA underlying value and future prospects. All of this data is available in TEGA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:TEGA, it is clearly understood that TEGA is Economical performer in terms of earnings and profit margins with an EPS of 22.65. NSE:TEGA book value per share as of today is 172.17. The current price to book ratio for TEGA as of Nov 23, 2024 is 9.88.

Valuation of the Stock: The current valuation of TEGA 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 TEGA whether to BUY this stock at current valuation. The delivery percentage of TEGA is 40.22% is very crucial parameter which shows that 40.22% investors are anticipating that the price of TEGA share should go up with VWAP at 1693.34.

Now, the main question is whether to BUY or SELL, NSE:TEGA at current valuation.
As per latest Analysis No. #859:-

⇑ STRONG BUY TEGA if All Greens

⇗ BUY TEGA (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD TEGA (With Stop Loss) if only 1 Green

⇘ SELL TEGA if NO Green Indicator

NSE: TEGA Share Price Today (Nov 23, 2024)

(Tega Industries Limited Daily Analysis on the basis of TEGA Intraday Graph & Trend)

Tega Industries Limited share price moved Down by -2.65% from its previous close of Rs 1747.75. TEGA stock last traded price is 1701.40. TEGA share price trend is Down with a total of 68484 stocks traded till now. It has touched an intraday high of Rs 1756.75 and an intraday low of Rs 1671.05. The TEGA trading at 1701.40, Down by Rs. -46.35, or -2.65 percent which suggests that most of the Traders are anticipating that the price of TEGA share should go Down.

NSE: TEGA Share Price Tomorrow Prediction

(Tega Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of TEGA)

Tega Industries Limited share price moved Down by -2.65%. TEGA share price short term trend is Down. It suggests that TEGA Share Price for Tomorrow remains the same with VWAP at 1693.34 will be treated as stop loss for intraday traders. Tega Industries Limited Long term investors can follow the TEGA long term trend as mentiond in future forecast table.

NSE Code

NSE: TEGA

TEGA Share Price Today

 1701.40

TEGA Share Price Target Prediction for 2024 ^

 1585.5 - 2340.4

TEGA Share Price Target Prediction for 2025*^

 2340.4 - 2493.3

TEGA Share Price Target Prediction for 2026*^

 2493.3 - 2667.8

TEGA Share Price Target Prediction for 2027*^

 2801

TEGA Share Price Target Prediction for 2028*^

 2881

TEGA Share Price Target Prediction for 2030*^

 3141
TEGA Current Book Value 2023
171.3

*Tega Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^TEGA 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.

TEGA Technical Analysis

Candlestick Pattern: @1930.25

TEGA Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 2094.45 SELL 2046.74 SELL
MA_12 2033.32 SELL 2030.51 SELL
MA_20 1960.03 SELL 1998.61 SELL
MA_32 1939.62 SELL 1951.46 SELL
MA_50 1896.7 BUY 1911.59 BUY
MA_100 1835.44 BUY 1829.92 BUY
MA_200 1594.73 BUY 1621.11 BUY

TEGA Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1960.03 Downtrend
MACD 1.42 BUY
ADX 27.91 Strong Trend
DMI (+/-) 25.35 / 22.61 Uptrend

TEGA Momentum Oscillators

BUY (2) NEUTRAL (5) SELL (5)
Momentum Oscillators Value Action
RSI 46.56 Neutral
STOCHASTIC_K (Fast) 4.95 Oversold
STOCHASTIC_D (Slow) 15.58 Oversold
CCI -9.18 Neutral
PSAR 2328.9 SELL
TRUE RANGE 284.75 Neutral
ATR 105.63 BUY
WILLIAMS R -67.95 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM 38.65 BUY

TEGA Last 1 Year Trend

Duration Value
1 Year 86.38%
3 Months 11.77%
1 Month 2.04%
1 Week -11.83%

TEGA Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 37%
NEUTRAL / HOLD 17%
SELL 47%

Most popular Questions & Answers about TEGA


Tega Industries Limited stock last traded price is 1701.40. TEGA share price moved Down by -2.65% from its previous close of Rs 1747.75.

Tega Industries Limited share price trend is Down with a total of 68484 stocks traded till now. It has touched an intraday high of Rs 2352.189 and an intraday low of Rs 1671.05. The TEGA trading at 1701.40, Down by Rs. -46.35, or -2.65 percent which suggests that most of the Traders are anticipating that the price of TEGA share should go Down and the Stop Loss will be around 1693.34.

The market cap of Tega Industries Limited is ₹3074.68 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Tega Industries Limited as of Nov 22, 2024 is 56.09.

The current price to book ratio for Tega Industries Limited as of Nov 22, 2024 is 9.88.

The highest price of Tega Industries Limited stock is ₹2328.9 in the last 52-week.

The lowest price of Tega Industries Limited stock is ₹963.95 in the last 52-week.

Tega Industries Limited share trading at ₹1701.40, Down by Rs. -46.35, or -2.65 percent which suggests that most of the traders are anticipating that the price of TEGA share should go Down.

In 2023, Stock price target for Tega Industries Limited (TEGA) are ₹1585.5 on downside and ₹2340.4 on upside. Tega Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Tega Industries Limited (TEGA) are ₹2340.4 on downside and ₹2493.3 on upside. Tega Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Tega Industries Limited (TEGA) are ₹2493.3 on downside and ₹2667.8 on upside. Tega Industries Limited 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 Tega Industries Limited (TEGA) will be around ₹2881 Tega Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of TEGA.

The price of Tega Industries Limited (TEGA) shares moved by -2.65%. The short-term trend for TEGA share price is Down. It implies that the share price of TEGA will stay the same tomorrow and that intraday traders should treat VWAP at 1693.34 as a stop loss. Investors with a long-term outlook can track TEGA long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of TEGA stock is 271.6. Compared to the current market price of 1701.40 INR, the TEGA stock is Overvalued by 84%.

As per the fundamental analysis of Tega Industries Limited (TEGA), it is of Economical quality in terms of earnings and profit margins with an EPS of 22.65. Tega Industries Limited book value per share as of today is 172.17. The current price to book ratio for TEGA as of Nov 23, 2024 is 9.88.


NSE:TEGA News & Other Useful Information about TEGA Share Price


Peer Comparison of NSE: TEGA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering - Industrial Equipments

Company Price EPS BV
KPIGLOBAL 731.50 11.88 57.41
TEGA 1701.40 22.65 172.17
KPIGREEN 731.50 11.88 57.41
UNIDT 234.44 6.85 124.06
ANUP 3434.25 59.67 235.07
TEMBO 715.25 15.8 47.3
MARSHALL 20.81 0 31.07
SYRMA 527.35 1.18 80.96
ISHAN 2.45 0 1.74
HARSHA 480.55 15.26 136.8
Updated at: 22 Nov 2024 15:59

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