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Tega Industries Limited
Share Price Target & Analysis

NSE:TEGA

1561.87

VWAP

1542.90

Open

1532.2

Close

1589.00

High

1535.30

Low

1653.50

52 Week High

1555.70 ⇧
23.50 (1.53%)

TEGA

(Miscellaneous)
91.4% Momentum

Trending & Favourite

511.80

52 Week Low

17.05

EPS

61.19

PE

10.04

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 1555.70, 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 17.05. NSE:TEGA book value per share as of today is 154.98. The current price to book ratio for TEGA as of May 16, 2024 is 10.04.

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 38.07% is very crucial parameter which shows that 38.07% investors are anticipating that the price of TEGA share should go up with VWAP at 1561.87.

Now, the main question is whether to BUY or SELL, NSE:TEGA at current valuation.
As per latest Analysis No. #688:-

⇑ 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 (May 16, 2024)

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

Tega Industries Limited share price moved Up by 1.53% from its previous close of Rs 1532.2. TEGA stock last traded price is 1555.70. TEGA share price trend is Up with a total of 107611 stocks traded till now. It has touched an intraday high of Rs 1589.00 and an intraday low of Rs 1535.30. The TEGA trading at 1555.70, Up by Rs. 23.50, or 1.53 percent which suggests that most of the Traders are anticipating that the price of TEGA share should go Up.

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 Up by 1.53%. TEGA share price short term trend is Up. It suggests that TEGA Share Price for Tomorrow remains the same with VWAP at 1561.87 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

 1555.70

TEGA Share Price Target Prediction for 2024 ^

 1043.7 - 1661.7

TEGA Share Price Target Prediction for 2025*^

 1661.7 - 1770.2

TEGA Share Price Target Prediction for 2026*^

 1770.2 - 1894.1

TEGA Share Price Target Prediction for 2027*^

 1989

TEGA Share Price Target Prediction for 2028*^

 2046

TEGA Share Price Target Prediction for 2030*^

 2230
TEGA Current Book Value 2023
154.2

*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: @1555.7

TEGA Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1534.11 BUY 1536.76 BUY
MA_12 1524.43 BUY 1515.54 BUY
MA_20 1504.7 BUY 1488.81 BUY
MA_32 1424.16 BUY 1435.77 BUY
MA_50 1343.94 BUY 1386.37 BUY
MA_100 1271.82 BUY 1299.23 BUY
MA_200 1112.87 BUY 1141.7 BUY

TEGA Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1504.7 Uptrend
MACD -5.88 SELL
ADX 50.66 Very Strong Trend
DMI (+/-) 24.99 / 8.01 Uptrend

TEGA Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 61.26 Neutral
STOCHASTIC_K (Fast) 50.85 Neutral
STOCHASTIC_D (Slow) 49.48 Neutral
CCI 82.87 Neutral
PSAR 1632.99 SELL
TRUE RANGE 56.8 Neutral
ATR 70.52 Neutral
WILLIAMS R -45.81 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 51.69 Neutral
MOMENTUM 187.7 BUY

TEGA Last 1 Year Trend

Duration Value
1 Year 134.79%
3 Months 33.01%
1 Month 13.72%
1 Week -0.65%

TEGA Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 30%
SELL 7%

Most popular Questions & Answers about TEGA


Tega Industries Limited stock last traded price is 1555.70. TEGA share price moved Up by 1.53% from its previous close of Rs 1532.2.

Tega Industries Limited share price trend is Up with a total of 107611 stocks traded till now. It has touched an intraday high of Rs 1670.035 and an intraday low of Rs 1535.30. The TEGA trading at 1555.70, Up by Rs. 23.50, or 1.53 percent which suggests that most of the Traders are anticipating that the price of TEGA share should go Up and the Stop Loss will be around 1561.87.

The market cap of Tega Industries Limited is ₹3074.68 (in Cr) as of May 15, 2024.

The current price to earning ratio for Tega Industries Limited as of May 15, 2024 is 61.19.

The current price to book ratio for Tega Industries Limited as of May 15, 2024 is 10.04.

The highest price of Tega Industries Limited stock is ₹1653.50 in the last 52-week.

The lowest price of Tega Industries Limited stock is ₹511.80 in the last 52-week.

Tega Industries Limited share trading at ₹1555.70, Up by Rs. 23.50, or 1.53 percent which suggests that most of the traders are anticipating that the price of TEGA share should go Up.

In 2023, Stock price target for Tega Industries Limited (TEGA) are ₹1043.7 on downside and ₹1661.7 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 ₹1661.7 on downside and ₹1770.2 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 ₹1770.2 on downside and ₹1894.1 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 ₹2046 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.

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 17.05. Tega Industries Limited book value per share as of today is 154.98. The current price to book ratio for TEGA as of May 16, 2024 is 10.04.


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 1973.10 17.2 44.54
TEGA 1555.70 17.05 154.98
KPIGREEN 1973.10 17.2 44.54
UNIDT 252.70 4.4 121.3
ANUP 1817.00 52.84 236.21
TEMBO 244.75 10.84 32.49
MARSHALL 26.20 0 34.43
ISHAN 2.00 0 1.07
HARSHA 439.70 13.85 123.42
ELIN 158.65 2.13 84.97
Updated at: 15 May 2024 15:59

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