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Tega Industries Limited
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Let's analyse Tega Industries Limited together

PenkeI guess you are interested in Tega Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Tega Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Tega Industries Limited (30 sec.)










What can you expect buying and holding a share of Tega Industries Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR157.45
Expected worth in 1 year
INR345.23
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR187.78
Return On Investment
15.1%

For what price can you sell your share?

Current Price per Share
INR1,241.10
Expected price per share
INR1,070 - INR1,380
How sure are you?
50%

1. Valuation of Tega Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,241.10

Intrinsic Value Per Share

INR39.87 - INR44.77

Total Value Per Share

INR197.32 - INR202.22

2. Growth of Tega Industries Limited (5 min.)




Is Tega Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$125.8m$88.3m$37.5m29.8%

How much money is Tega Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$22m$14m$8m36.5%
Net Profit Margin15.2%12.5%--

How much money comes from the company's main activities?

3. Financial Health of Tega Industries Limited (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#466 / 738

Most Revenue
#257 / 738

Most Profit
#161 / 738

What can you expect buying and holding a share of Tega Industries Limited? (5 min.)

Welcome investor! Tega Industries Limited's management wants to use your money to grow the business. In return you get a share of Tega Industries Limited.

What can you expect buying and holding a share of Tega Industries Limited?

First you should know what it really means to hold a share of Tega Industries Limited. And how you can make/lose money.

Speculation

The Price per Share of Tega Industries Limited is INR1,241. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Tega Industries Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Tega Industries Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR157.45. Based on the TTM, the Book Value Change Per Share is INR46.95 per quarter. Based on the YOY, the Book Value Change Per Share is INR18.56 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tega Industries Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.330.0%0.330.0%0.210.0%0.190.0%0.190.0%
Usd Book Value Change Per Share0.560.0%0.560.0%0.220.0%0.380.0%0.380.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.560.0%0.560.0%0.220.0%0.380.0%0.380.0%
Usd Price Per Share8.42-8.42-5.64-2.81-2.81-
Price to Earnings Ratio25.39-25.39-26.80-10.44-10.44-
Price-to-Total Gains Ratio14.94-14.94-25.34-20.14-20.14-
Price to Book Ratio4.46-4.46-4.26-1.74-1.74-
Price-to-Total Gains Ratio14.94-14.94-25.34-20.14-20.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.8932
Number of shares67
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.560.38
Usd Total Gains Per Share0.560.38
Gains per Quarter (67 shares)37.7425.32
Gains per Year (67 shares)150.98101.27
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10151141010191
203022920203192
304534430304293
406045940405394
507557450506495
609068960608596
70105710470709697
80120811980810798
90135913490911899
10015101500010131000

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.05.00.0%0.00.05.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%

Fundamentals of Tega Industries Limited

About Tega Industries Limited

Tega Industries Limited designs, manufactures, and installs process equipment and accessories for the mineral processing, mining, and material handling industries. It offers a range of grinding mill liners, such as DynaPrime, DynaSteel, DynaPulp, and DynaWear. The company also offers conveyor products comprising of centrax, friflo, spill-ex skirt sealing, eco-flip skirt, single wing, ceramic pulley lagging, ceradisc and conveyor belt cleaners. In addition, it provides trommels for heavy duty, heavy and light duty applications along with structure, rubber or polyurethane screen panels, spirals, connecting pieces and end flanges; wear resistant liners for transfer, storage equipment, and handling bulk material; and screen panels. Further, the company designs and supplies hydrocyclones for the mining and mineral processing sectors. It operates in North America, South America, Europe, the Middle East, Russia, Africa, the Asia Pacific, and India. The company was incorporated in 1976 and is based in Kolkata, India. Tega Industries Limited is a subsidiary of Nihal Fiscal Services Private Limited.

Fundamental data was last updated by Penke on 2024-03-22 03:08:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Tega Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tega Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 15.2% means that ₹0.15 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tega Industries Limited:

  • The MRQ is 15.2%. The company is making a huge profit. +2
  • The TTM is 15.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.2%TTM15.2%0.0%
TTM15.2%YOY12.5%+2.6%
TTM15.2%5Y11.9%+3.3%
5Y11.9%10Y11.9%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ15.2%5.5%+9.7%
TTM15.2%5.2%+10.0%
YOY12.5%5.1%+7.4%
5Y11.9%4.5%+7.4%
10Y11.9%4.7%+7.2%
1.1.2. Return on Assets

Shows how efficient Tega Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • 11.3% Return on Assets means that Tega Industries Limited generated ₹0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tega Industries Limited:

  • The MRQ is 11.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 11.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ11.3%TTM11.3%0.0%
TTM11.3%YOY9.9%+1.3%
TTM11.3%5Y9.2%+2.0%
5Y9.2%10Y9.2%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ11.3%1.1%+10.2%
TTM11.3%1.0%+10.3%
YOY9.9%1.1%+8.8%
5Y9.2%1.0%+8.2%
10Y9.2%1.1%+8.1%
1.1.3. Return on Equity

Shows how efficient Tega Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • 17.5% Return on Equity means Tega Industries Limited generated ₹0.18 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tega Industries Limited:

  • The MRQ is 17.5%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 17.5%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ17.5%TTM17.5%0.0%
TTM17.5%YOY15.9%+1.7%
TTM17.5%5Y15.6%+2.0%
5Y15.6%10Y15.6%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ17.5%2.3%+15.2%
TTM17.5%2.1%+15.4%
YOY15.9%2.2%+13.7%
5Y15.6%2.0%+13.6%
10Y15.6%2.2%+13.4%

1.2. Operating Efficiency of Tega Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tega Industries Limited is operating .

  • Measures how much profit Tega Industries Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 20.9% means the company generated ₹0.21  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Tega Industries Limited:

  • The MRQ is 20.9%. The company is operating efficient. +1
  • The TTM is 20.9%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ20.9%TTM20.9%0.0%
TTM20.9%YOY16.9%+4.0%
TTM20.9%5Y16.7%+4.3%
5Y16.7%10Y16.7%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ20.9%7.9%+13.0%
TTM20.9%4.7%+16.2%
YOY16.9%6.2%+10.7%
5Y16.7%6.2%+10.5%
10Y16.7%5.0%+11.7%
1.2.2. Operating Ratio

Measures how efficient Tega Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 0.81 means that the operating costs are ₹0.81 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Tega Industries Limited:

  • The MRQ is 0.811. The company is less efficient in keeping operating costs low.
  • The TTM is 0.811. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.811TTM0.8110.000
TTM0.811YOY0.839-0.028
TTM0.8115Y0.838-0.027
5Y0.83810Y0.8380.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8111.534-0.723
TTM0.8111.554-0.743
YOY0.8391.550-0.711
5Y0.8381.523-0.685
10Y0.8381.248-0.410

1.3. Liquidity of Tega Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tega Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 2.53 means the company has ₹2.53 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Tega Industries Limited:

  • The MRQ is 2.530. The company is able to pay all its short-term debts. +1
  • The TTM is 2.530. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.530TTM2.5300.000
TTM2.530YOY2.323+0.207
TTM2.5305Y2.080+0.450
5Y2.08010Y2.0800.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5301.674+0.856
TTM2.5301.688+0.842
YOY2.3231.649+0.674
5Y2.0801.740+0.340
10Y2.0801.534+0.546
1.3.2. Quick Ratio

Measures if Tega Industries Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 2.19 means the company can pay off ₹2.19 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tega Industries Limited:

  • The MRQ is 2.191. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.191. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.191TTM2.1910.000
TTM2.191YOY2.073+0.118
TTM2.1915Y1.865+0.326
5Y1.86510Y1.8650.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1910.717+1.474
TTM2.1910.749+1.442
YOY2.0730.814+1.259
5Y1.8650.858+1.007
10Y1.8650.860+1.005

1.4. Solvency of Tega Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tega Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tega Industries Limited to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.36 means that Tega Industries Limited assets are financed with 35.8% credit (debt) and the remaining percentage (100% - 35.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tega Industries Limited:

  • The MRQ is 0.358. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.358. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.358TTM0.3580.000
TTM0.358YOY0.376-0.018
TTM0.3585Y0.420-0.062
5Y0.42010Y0.4200.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3580.499-0.141
TTM0.3580.503-0.145
YOY0.3760.504-0.128
5Y0.4200.497-0.077
10Y0.4200.491-0.071
1.4.2. Debt to Equity Ratio

Measures if Tega Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 55.8% means that company has ₹0.56 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tega Industries Limited:

  • The MRQ is 0.558. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.558. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.558TTM0.5580.000
TTM0.558YOY0.602-0.044
TTM0.5585Y0.742-0.184
5Y0.74210Y0.7420.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5580.998-0.440
TTM0.5581.016-0.458
YOY0.6021.013-0.411
5Y0.7421.052-0.310
10Y0.7421.032-0.290

2. Market Valuation of Tega Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Tega Industries Limited generates.

  • Above 15 is considered overpriced but always compare Tega Industries Limited to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 25.39 means the investor is paying ₹25.39 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tega Industries Limited:

  • The EOD is 44.932. Based on the earnings, the company is overpriced. -1
  • The MRQ is 25.395. Based on the earnings, the company is overpriced. -1
  • The TTM is 25.395. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD44.932MRQ25.395+19.537
MRQ25.395TTM25.3950.000
TTM25.395YOY26.803-1.408
TTM25.3955Y10.440+14.955
5Y10.44010Y10.4400.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD44.93219.476+25.456
MRQ25.39518.616+6.779
TTM25.39519.352+6.043
YOY26.80317.955+8.848
5Y10.44021.955-11.515
10Y10.44028.443-18.003
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tega Industries Limited:

  • The EOD is 95.770. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 54.128. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 54.128. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD95.770MRQ54.128+41.643
MRQ54.128TTM54.1280.000
TTM54.128YOY-114.830+168.958
TTM54.1285Y-12.140+66.268
5Y-12.14010Y-12.1400.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD95.7705.476+90.294
MRQ54.1284.966+49.162
TTM54.1282.621+51.507
YOY-114.830-0.130-114.700
5Y-12.1400.502-12.642
10Y-12.1402.022-14.162
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tega Industries Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 4.46 means the investor is paying ₹4.46 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Tega Industries Limited:

  • The EOD is 7.883. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.455. Based on the equity, the company is fair priced.
  • The TTM is 4.455. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD7.883MRQ4.455+3.427
MRQ4.455TTM4.4550.000
TTM4.455YOY4.257+0.198
TTM4.4555Y1.742+2.713
5Y1.74210Y1.7420.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD7.8832.115+5.768
MRQ4.4552.124+2.331
TTM4.4552.181+2.274
YOY4.2572.361+1.896
5Y1.7422.377-0.635
10Y1.7422.932-1.190
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tega Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--46.94646.9460%18.562+153%31.489+49%31.489+49%
Book Value Per Share--157.447157.4470%110.502+42%97.937+61%97.937+61%
Current Ratio--2.5302.5300%2.323+9%2.080+22%2.080+22%
Debt To Asset Ratio--0.3580.3580%0.376-5%0.420-15%0.420-15%
Debt To Equity Ratio--0.5580.5580%0.602-7%0.742-25%0.742-25%
Dividend Per Share----0%-0%-0%-0%
Eps--27.62227.6220%17.550+57%16.071+72%16.071+72%
Free Cash Flow Per Share--12.95912.9590%-4.096+132%9.718+33%9.718+33%
Free Cash Flow To Equity Per Share--22.42022.4200%-3.633+116%6.257+258%6.257+258%
Gross Profit Margin--0.7240.7240%0.420+72%0.436+66%0.436+66%
Intrinsic Value_10Y_max--44.772--------
Intrinsic Value_10Y_min--39.871--------
Intrinsic Value_1Y_max--8.067--------
Intrinsic Value_1Y_min--7.839--------
Intrinsic Value_3Y_max--21.509--------
Intrinsic Value_3Y_min--20.363--------
Intrinsic Value_5Y_max--31.662--------
Intrinsic Value_5Y_min--29.296--------
Market Cap82577209050.000+43%46734064163.00046734064163.0000%31332605472.000+49%15613333927.000+199%15613333927.000+199%
Net Profit Margin--0.1520.1520%0.125+21%0.119+28%0.119+28%
Operating Margin--0.2090.2090%0.169+24%0.167+26%0.167+26%
Operating Ratio--0.8110.8110%0.839-3%0.838-3%0.838-3%
Pb Ratio7.883+43%4.4554.4550%4.257+5%1.742+156%1.742+156%
Pe Ratio44.932+43%25.39525.3950%26.803-5%10.440+143%10.440+143%
Price Per Share1241.100+43%701.450701.4500%470.400+49%234.370+199%234.370+199%
Price To Free Cash Flow Ratio95.770+43%54.12854.1280%-114.830+312%-12.140+122%-12.140+122%
Price To Total Gains Ratio26.437+43%14.94214.9420%25.342-41%20.142-26%20.142-26%
Quick Ratio--2.1912.1910%2.073+6%1.865+17%1.865+17%
Return On Assets--0.1130.1130%0.099+14%0.092+22%0.092+22%
Return On Equity--0.1750.1750%0.159+10%0.156+13%0.156+13%
Total Gains Per Share--46.94646.9460%18.562+153%31.489+49%31.489+49%
Usd Book Value--125879040.000125879040.0000%88324200.000+43%78296232.000+61%78296232.000+61%
Usd Book Value Change Per Share--0.5630.5630%0.223+153%0.378+49%0.378+49%
Usd Book Value Per Share--1.8891.8890%1.326+42%1.175+61%1.175+61%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.3310.3310%0.211+57%0.193+72%0.193+72%
Usd Free Cash Flow--10360800.00010360800.0000%-3274320.000+132%7770624.000+33%7770624.000+33%
Usd Free Cash Flow Per Share--0.1560.1560%-0.049+132%0.117+33%0.117+33%
Usd Free Cash Flow To Equity Per Share--0.2690.2690%-0.044+116%0.075+258%0.075+258%
Usd Market Cap990926508.600+43%560808769.956560808769.9560%375991265.664+49%187360007.124+199%187360007.124+199%
Usd Price Per Share14.893+43%8.4178.4170%5.645+49%2.812+199%2.812+199%
Usd Profit--22083600.00022083600.0000%14027880.000+57%12851184.000+72%12851184.000+72%
Usd Revenue--145676640.000145676640.0000%111903000.000+30%102494952.000+42%102494952.000+42%
Usd Total Gains Per Share--0.5630.5630%0.223+153%0.378+49%0.378+49%
 EOD+4 -4MRQTTM+0 -0YOY+30 -45Y+29 -510Y+29 -5

3.2. Fundamental Score

Let's check the fundamental score of Tega Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1544.932
Price to Book Ratio (EOD)Between0-17.883
Net Profit Margin (MRQ)Greater than00.152
Operating Margin (MRQ)Greater than00.209
Quick Ratio (MRQ)Greater than12.191
Current Ratio (MRQ)Greater than12.530
Debt to Asset Ratio (MRQ)Less than10.358
Debt to Equity Ratio (MRQ)Less than10.558
Return on Equity (MRQ)Greater than0.150.175
Return on Assets (MRQ)Greater than0.050.113
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Tega Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.127
Ma 20Greater thanMa 501,189.978
Ma 50Greater thanMa 1001,186.322
Ma 100Greater thanMa 2001,127.195
OpenGreater thanClose1,280.050
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets16,341,030
Total Liabilities5,851,110
Total Stockholder Equity10,489,920
 As reported
Total Liabilities 5,851,110
Total Stockholder Equity+ 10,489,920
Total Assets = 16,341,030

Assets

Total Assets16,341,030
Total Current Assets9,922,410
Long-term Assets6,418,620
Total Current Assets
Cash And Cash Equivalents 457,210
Short-term Investments 2,033,240
Net Receivables 4,070,920
Inventory 2,895,930
Other Current Assets 465,110
Total Current Assets  (as reported)9,922,410
Total Current Assets  (calculated)9,922,410
+/-0
Long-term Assets
Property Plant Equipment 4,904,420
Goodwill 624,780
Intangible Assets 37,040
Other Assets 573,710
Long-term Assets  (as reported)6,418,620
Long-term Assets  (calculated)6,139,950
+/- 278,670

Liabilities & Shareholders' Equity

Total Current Liabilities3,921,980
Long-term Liabilities1,929,130
Total Stockholder Equity10,489,920
Total Current Liabilities
Short-term Debt 1,775,310
Short Long Term Debt 1,678,850
Accounts payable 1,119,300
Other Current Liabilities 552,800
Total Current Liabilities  (as reported)3,921,980
Total Current Liabilities  (calculated)5,126,260
+/- 1,204,280
Long-term Liabilities
Long term Debt 1,415,700
Capital Lease Obligations 514,170
Other Liabilities 95,716
Long-term Liabilities  (as reported)1,929,130
Long-term Liabilities  (calculated)2,025,586
+/- 96,456
Total Stockholder Equity
Common Stock663,540
Retained Earnings 7,217,700
Accumulated Other Comprehensive Income 1,704,890
Other Stockholders Equity 903,790
Total Stockholder Equity (as reported)10,489,920
Total Stockholder Equity (calculated)10,489,920
+/-0
Other
Capital Stock663,540
Cash and Short Term Investments 2,490,450
Common Stock Shares Outstanding 66,625
Current Deferred Revenue474,570
Liabilities and Stockholders Equity 16,341,030
Net Debt 3,151,510
Net Invested Capital 13,584,470
Net Tangible Assets 9,828,100
Net Working Capital 6,000,430
Property Plant and Equipment Gross 4,904,420
Short Long Term Debt Total 3,608,720



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-31
> Total Assets 
7,902,680
8,873,150
10,183,390
11,792,130
16,341,030
16,341,03011,792,13010,183,3908,873,1507,902,680
   > Total Current Assets 
4,378,800
5,192,560
6,227,150
7,973,950
9,922,410
9,922,4107,973,9506,227,1505,192,5604,378,800
       Cash And Cash Equivalents 
192,640
368,630
478,700
394,970
457,210
457,210394,970478,700368,630192,640
       Short-term Investments 
386,530
1,167,110
1,567,320
1,751,120
2,033,240
2,033,2401,751,1201,567,3201,167,110386,530
       Net Receivables 
2,451,980
2,169,770
2,474,310
3,219,360
4,070,920
4,070,9203,219,3602,474,3102,169,7702,451,980
       Inventory 
1,210,580
1,326,300
1,586,310
2,521,360
2,895,930
2,895,9302,521,3601,586,3101,326,3001,210,580
       Other Current Assets 
137,070
160,750
120,510
87,140
465,110
465,11087,140120,510160,750137,070
   > Long-term Assets 
3,523,880
3,680,590
3,956,240
3,818,180
6,418,620
6,418,6203,818,1803,956,2403,680,5903,523,880
       Property Plant Equipment 
2,254,850
2,159,570
2,351,540
2,384,920
4,904,420
4,904,4202,384,9202,351,5402,159,5702,254,850
       Goodwill 
557,460
523,640
632,820
644,890
624,780
624,780644,890632,820523,640557,460
       Intangible Assets 
31,360
29,270
7,130
14,140
37,040
37,04014,1407,13029,27031,360
       Long-term Assets Other 
590,470
415,640
439,250
300,370
411,220
411,220300,370439,250415,640590,470
> Total Liabilities 
3,891,630
4,248,260
4,046,170
4,431,780
5,851,110
5,851,1104,431,7804,046,1704,248,2603,891,630
   > Total Current Liabilities 
2,965,510
2,848,810
2,769,420
3,432,870
3,921,980
3,921,9803,432,8702,769,4202,848,8102,965,510
       Short-term Debt 
1,594,130
1,581,080
1,096,810
1,587,030
1,775,310
1,775,3101,587,0301,096,8101,581,0801,594,130
       Short Long Term Debt 
1,529,570
1,488,270
1,015,920
1,535,780
1,678,850
1,678,8501,535,7801,015,9201,488,2701,529,570
       Accounts payable 
806,830
652,960
987,100
967,350
1,119,300
1,119,300967,350987,100652,960806,830
       Other Current Liabilities 
520,850
41,700
67,810
90,830
552,800
552,80090,83067,81041,700520,850
   > Long-term Liabilities 
926,120
1,399,450
1,276,750
998,910
1,929,130
1,929,130998,9101,276,7501,399,450926,120
       Long term Debt 
597,330
951,070
862,100
613,650
1,415,700
1,415,700613,650862,100951,070597,330
       Capital Lease Obligations 
308,190
340,700
318,700
302,220
514,170
514,170302,220318,700340,700308,190
       Other Liabilities 
85,160
200,490
176,840
134,290
95,716
95,716134,290176,840200,49085,160
> Total Stockholder Equity
4,011,050
4,624,890
6,137,220
7,360,350
10,489,920
10,489,9207,360,3506,137,2204,624,8904,011,050
   Common Stock
576,010
576,010
576,010
662,930
663,540
663,540662,930576,010576,010576,010
   Retained Earnings 
2,180,690
2,839,840
4,210,820
5,380,770
7,217,700
7,217,7005,380,7704,210,8202,839,8402,180,690
   Capital Surplus 00000
   Treasury Stock00000
   Other Stockholders Equity 
1,167,430
-3,753,830
-5,124,810
902,100
903,790
903,790902,100-5,124,810-3,753,8301,167,430



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue12,139,720
Cost of Revenue-5,276,210
Gross Profit6,863,5106,863,510
 
Operating Income (+$)
Gross Profit6,863,510
Operating Expense-4,571,340
Operating Income2,296,8402,292,170
 
Operating Expense (+$)
Research Development51,040
Selling General Administrative266,030
Selling And Marketing Expenses508,650
Operating Expense4,571,340825,720
 
Net Interest Income (+$)
Interest Income9,780
Interest Expense-181,200
Other Finance Cost-9,780
Net Interest Income-181,200
 
Pretax Income (+$)
Operating Income2,296,840
Net Interest Income-181,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,360,9902,232,690
EBIT - interestExpense = 2,360,990
2,360,990
2,021,500
Interest Expense181,200
Earnings Before Interest and Taxes (EBIT)2,542,1902,542,190
Earnings Before Interest and Taxes (EBITDA)2,954,160
 
After tax Income (+$)
Income Before Tax2,360,990
Tax Provision-520,690
Net Income From Continuing Ops1,840,3001,840,300
Net Income1,840,300
Net Income Applicable To Common Shares1,840,300
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses9,847,550
Total Other Income/Expenses Net64,150181,200
 

Technical Analysis of Tega Industries Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Tega Industries Limited. The general trend of Tega Industries Limited is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Tega Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Tega Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,380.

The bearish price targets are: 1,096 > 1,084 > 1,070.

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Tega Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Tega Industries Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Tega Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Tega Industries Limited. The current macd is 17.53.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Tega Industries Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Tega Industries Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Tega Industries Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Tega Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartTega Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Tega Industries Limited. The current adx is 28.11.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Tega Industries Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Tega Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Tega Industries Limited. The current sar is 1,179.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Tega Industries Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Tega Industries Limited. The current rsi is 56.13. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Tega Industries Limited Daily Relative Strength Index (RSI) ChartTega Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Tega Industries Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tega Industries Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tega Industries Limited Daily Stochastic Oscillator ChartTega Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Tega Industries Limited. The current cci is 113.18.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Tega Industries Limited Daily Commodity Channel Index (CCI) ChartTega Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Tega Industries Limited. The current cmo is 13.71.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Tega Industries Limited Daily Chande Momentum Oscillator (CMO) ChartTega Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Tega Industries Limited. The current willr is -29.10079051.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Tega Industries Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Tega Industries Limited Daily Williams %R ChartTega Industries Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Tega Industries Limited.

Tega Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Tega Industries Limited. The current atr is 51.82.

Tega Industries Limited Daily Average True Range (ATR) ChartTega Industries Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Tega Industries Limited. The current obv is 10,656,238.

Tega Industries Limited Daily On-Balance Volume (OBV) ChartTega Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Tega Industries Limited. The current mfi is 78.39.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Tega Industries Limited Daily Money Flow Index (MFI) ChartTega Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tega Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Tega Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tega Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.127
Ma 20Greater thanMa 501,189.978
Ma 50Greater thanMa 1001,186.322
Ma 100Greater thanMa 2001,127.195
OpenGreater thanClose1,280.050
Total5/5 (100.0%)
Penke

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