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Tejas Networks Limited
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Let's analyse Tejas Networks Limited together

PenkeI guess you are interested in Tejas Networks 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 Tejas Networks 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 Tejas Networks Limited (30 sec.)










What can you expect buying and holding a share of Tejas Networks 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?
40.0%

What is your share worth?

Current worth
INR174.18
Expected worth in 1 year
INR418.54
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR244.36
Return On Investment
37.2%

For what price can you sell your share?

Current Price per Share
INR656.40
Expected price per share
INR618.90 - INR779.00
How sure are you?
50%

1. Valuation of Tejas Networks Limited (5 min.)




Live pricePrice per Share (EOD)

INR656.40

Intrinsic Value Per Share

INR-486.75 - INR-198.49

Total Value Per Share

INR-312.57 - INR-24.31

2. Growth of Tejas Networks Limited (5 min.)




Is Tejas Networks Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$356.7m$231.6m$125.1m35.1%

How much money is Tejas Networks Limited making?

Current yearPrevious yearGrowGrow %
Making money-$4.3m-$7.5m$3.1m72.2%
Net Profit Margin-4.0%-11.4%--

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

3. Financial Health of Tejas Networks Limited (5 min.)




4. Comparing to competitors in the Communication Equipment industry (5 min.)




  Industry Rankings (Communication Equipment)  


Richest
#84 / 342

Most Revenue
#92 / 342

Most Profit
#286 / 342

Most Efficient
#223 / 342

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

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

What can you expect buying and holding a share of Tejas Networks Limited?

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

Speculation

The Price per Share of Tejas Networks Limited is INR656.40. 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 Tejas Networks 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 Tejas Networks 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 INR174.18. Based on the TTM, the Book Value Change Per Share is INR61.09 per quarter. Based on the YOY, the Book Value Change Per Share is INR46.64 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 Tejas Networks 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 Eps-0.030.0%-0.030.0%-0.040.0%-0.020.0%0.000.0%
Usd Book Value Change Per Share0.730.1%0.730.1%0.560.1%0.260.0%0.190.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.730.1%0.730.1%0.560.1%0.260.0%0.190.0%
Usd Price Per Share6.97-6.97-5.12-3.28-2.08-
Price to Earnings Ratio-272.27--272.27--116.15--59.75--24.02-
Price-to-Total Gains Ratio9.51-9.51-9.15-16.68-15.47-
Price to Book Ratio3.33-3.33-3.77-2.44-1.76-
Price-to-Total Gains Ratio9.51-9.51-9.15-16.68-15.47-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.8768
Number of shares126
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.730.26
Usd Total Gains Per Share0.730.26
Gains per Quarter (126 shares)92.3732.65
Gains per Year (126 shares)369.47130.61
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103693592129121
207397283258252
30110810975387383
40147814666516514
50184718358645645
60221722049774776
702586257311903907
80295629421310321038
90332533111411611169
100369536801612901300

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 Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%6.05.00.054.5%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%10.01.00.090.9%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%4.00.06.040.0%4.00.07.036.4%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%10.01.00.090.9%

Fundamentals of Tejas Networks Limited

About Tejas Networks Limited

Tejas Networks Limited designs, develops, manufactures, and sells optical, data networking, and wireless products to telecommunications and internet service providers, web-scale internet companies, utility and defense companies, and government entities in India and internationally. It offers TJ1400-1 OLT, a pizza box GPON OLT that provides broadband solutions; TJ1400 OLT, a GPON/XGS-PON based fiber access for FTTH and FTTB services with various end-user ONT devices; and TJ2100N ONT, a series of advanced GPON/XGS-PON ONT elements designed for optical access networks deployed in FTTH and FTTB formats. The company also provides TJ1400, an ultra-converged broadband designed for cost-optimized delivery of mobile backhaul, broadband access, enterprise, and network modernization; TJ1600, an optical transport platform that enables support of applications and services, including mobile backhaul networks, business connectivity, and broadband and access infrastructure; and TJ1270 MSPP, a multi-service provisioning platform. In addition, it offers TJ1400P and TJI400PTN. Further, the company provides enterprise Ethernet switches, such as TJ1400P-M1 portfolio of Layer2+ switches; TJ1400P M3 and TJ1400P M2 switching products optimized for LAN and metro applications; TJ1400P access routers; and TJ1400, an aggregation/core service router. Additionally, it provides TJ1400eNodeB ultra flex, that combines fiber broadband, mobile broadband, high-speed ethernet, and packet optical transport technologies in single platform; TJ1620W the Macro eNodeB solution; TJ6003W, a packet core EPC; and TJ5500 a network management system. The company was formerly known as Tejas Networks India Limited and changed its name to Tejas Networks Limited in March 2008. Tejas Networks Limited was incorporated in 2000 and is based in Bengaluru, India.

Fundamental data was last updated by Penke on 2024-03-13 07:22:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very 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 expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Tejas Networks Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Tejas Networks Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Tejas Networks Limited to the Communication Equipment industry mean.
  • A Net Profit Margin of -4.0% means that ₹-0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tejas Networks Limited:

  • The MRQ is -4.0%. The company is making a loss. -1
  • The TTM is -4.0%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-4.0%TTM-4.0%0.0%
TTM-4.0%YOY-11.4%+7.4%
TTM-4.0%5Y-10.5%+6.5%
5Y-10.5%10Y-3.1%-7.5%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.0%0.4%-4.4%
TTM-4.0%1.1%-5.1%
YOY-11.4%2.2%-13.6%
5Y-10.5%1.0%-11.5%
10Y-3.1%1.3%-4.4%
1.1.2. Return on Assets

Shows how efficient Tejas Networks Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Tejas Networks Limited to the Communication Equipment industry mean.
  • -1.0% Return on Assets means that Tejas Networks Limited generated ₹-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tejas Networks Limited:

  • The MRQ is -1.0%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.0%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.0%TTM-1.0%0.0%
TTM-1.0%YOY-3.0%+2.0%
TTM-1.0%5Y-2.2%+1.2%
5Y-2.2%10Y0.5%-2.7%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.0%0.2%-1.2%
TTM-1.0%0.4%-1.4%
YOY-3.0%0.7%-3.7%
5Y-2.2%0.4%-2.6%
10Y0.5%0.5%0.0%
1.1.3. Return on Equity

Shows how efficient Tejas Networks Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Tejas Networks Limited to the Communication Equipment industry mean.
  • -1.2% Return on Equity means Tejas Networks Limited generated ₹-0.01 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tejas Networks Limited:

  • The MRQ is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.2%TTM-1.2%0.0%
TTM-1.2%YOY-3.2%+2.0%
TTM-1.2%5Y-2.4%+1.2%
5Y-2.4%10Y1.3%-3.7%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.2%0.4%-1.6%
TTM-1.2%0.8%-2.0%
YOY-3.2%1.2%-4.4%
5Y-2.4%0.7%-3.1%
10Y1.3%0.9%+0.4%

1.2. Operating Efficiency of Tejas Networks Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tejas Networks Limited is operating .

  • Measures how much profit Tejas Networks 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 Tejas Networks Limited to the Communication Equipment industry mean.
  • An Operating Margin of -3.0% means the company generated ₹-0.03  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Tejas Networks Limited:

  • The MRQ is -3.0%. The company is operating very inefficient. -2
  • The TTM is -3.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-3.0%TTM-3.0%0.0%
TTM-3.0%YOY-22.7%+19.7%
TTM-3.0%5Y-4.4%+1.4%
5Y-4.4%10Y2.8%-7.2%
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.0%3.2%-6.2%
TTM-3.0%1.5%-4.5%
YOY-22.7%3.2%-25.9%
5Y-4.4%2.2%-6.6%
10Y2.8%1.6%+1.2%
1.2.2. Operating Ratio

Measures how efficient Tejas Networks Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • An Operation Ratio of 1.12 means that the operating costs are ₹1.12 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Tejas Networks Limited:

  • The MRQ is 1.118. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.118. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.118TTM1.1180.000
TTM1.118YOY1.281-0.163
TTM1.1185Y1.093+0.025
5Y1.09310Y0.983+0.110
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1181.584-0.466
TTM1.1181.549-0.431
YOY1.2811.541-0.260
5Y1.0931.532-0.439
10Y0.9831.285-0.302

1.3. Liquidity of Tejas Networks Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tejas Networks Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Communication Equipment industry mean).
  • A Current Ratio of 6.26 means the company has ₹6.26 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Tejas Networks Limited:

  • The MRQ is 6.256. The company is very able to pay all its short-term debts. +2
  • The TTM is 6.256. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.256TTM6.2560.000
TTM6.256YOY10.451-4.195
TTM6.2565Y6.866-0.610
5Y6.86610Y4.569+2.297
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ6.2561.909+4.347
TTM6.2561.887+4.369
YOY10.4511.857+8.594
5Y6.8661.960+4.906
10Y4.5691.795+2.774
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Tejas Networks Limited to the Communication Equipment industry mean.
  • A Quick Ratio of 7.26 means the company can pay off ₹7.26 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tejas Networks Limited:

  • The MRQ is 7.261. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.261. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.261TTM7.2610.000
TTM7.261YOY14.533-7.272
TTM7.2615Y7.892-0.631
5Y7.89210Y4.658+3.234
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2610.860+6.401
TTM7.2610.895+6.366
YOY14.5330.955+13.578
5Y7.8921.022+6.870
10Y4.6581.064+3.594

1.4. Solvency of Tejas Networks Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tejas Networks Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Tejas Networks Limited to Communication Equipment industry mean.
  • A Debt to Asset Ratio of 0.17 means that Tejas Networks Limited assets are financed with 17.5% credit (debt) and the remaining percentage (100% - 17.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Tejas Networks Limited:

  • The MRQ is 0.175. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.175. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.175TTM0.1750.000
TTM0.175YOY0.085+0.089
TTM0.1755Y0.138+0.036
5Y0.13810Y0.299-0.161
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1750.469-0.294
TTM0.1750.477-0.302
YOY0.0850.473-0.388
5Y0.1380.468-0.330
10Y0.2990.457-0.158
1.4.2. Debt to Equity Ratio

Measures if Tejas Networks Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Tejas Networks Limited to the Communication Equipment industry mean.
  • A Debt to Equity ratio of 21.2% means that company has ₹0.21 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tejas Networks Limited:

  • The MRQ is 0.212. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.212. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.212TTM0.2120.000
TTM0.212YOY0.093+0.118
TTM0.2125Y0.162+0.050
5Y0.16210Y0.580-0.418
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2120.838-0.626
TTM0.2120.854-0.642
YOY0.0930.894-0.801
5Y0.1620.896-0.734
10Y0.5800.920-0.340

2. Market Valuation of Tejas Networks 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 Tejas Networks Limited generates.

  • Above 15 is considered overpriced but always compare Tejas Networks Limited to the Communication Equipment industry mean.
  • A PE ratio of -272.27 means the investor is paying ₹-272.27 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tejas Networks Limited:

  • The EOD is -307.711. Based on the earnings, the company is expensive. -2
  • The MRQ is -272.271. Based on the earnings, the company is expensive. -2
  • The TTM is -272.271. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-307.711MRQ-272.271-35.440
MRQ-272.271TTM-272.2710.000
TTM-272.271YOY-116.153-156.117
TTM-272.2715Y-59.752-212.519
5Y-59.75210Y-24.017-35.735
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-307.7111.607-309.318
MRQ-272.2712.318-274.589
TTM-272.2715.601-277.872
YOY-116.15311.799-127.952
5Y-59.75214.306-74.058
10Y-24.01716.956-40.973
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -17.803. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -15.753. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -15.753. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-17.803MRQ-15.753-2.050
MRQ-15.753TTM-15.7530.000
TTM-15.753YOY-54.084+38.331
TTM-15.7535Y-11.508-4.245
5Y-11.50810Y-2.112-9.395
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-17.8031.886-19.689
MRQ-15.7532.083-17.836
TTM-15.7530.611-16.364
YOY-54.084-0.548-53.536
5Y-11.5081.699-13.207
10Y-2.1121.853-3.965
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Communication Equipment industry mean).
  • A PB ratio of 3.33 means the investor is paying ₹3.33 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Tejas Networks Limited:

  • The EOD is 3.769. Based on the equity, the company is fair priced.
  • The MRQ is 3.335. Based on the equity, the company is fair priced.
  • The TTM is 3.335. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.769MRQ3.335+0.434
MRQ3.335TTM3.3350.000
TTM3.335YOY3.774-0.439
TTM3.3355Y2.440+0.895
5Y2.44010Y1.762+0.678
Compared to industry (Communication Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD3.7691.917+1.852
MRQ3.3351.996+1.339
TTM3.3352.040+1.295
YOY3.7741.992+1.782
5Y2.4402.305+0.135
10Y1.7622.673-0.911
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tejas Networks 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--61.09061.0900%46.639+31%21.336+186%15.536+293%
Book Value Per Share--174.178174.1780%113.088+54%98.879+76%65.277+167%
Current Ratio--6.2566.2560%10.451-40%6.866-9%4.569+37%
Debt To Asset Ratio--0.1750.1750%0.085+105%0.138+26%0.299-42%
Debt To Equity Ratio--0.2120.2120%0.093+127%0.162+31%0.580-64%
Dividend Per Share----0%-0%0.260-100%0.238-100%
Eps---2.133-2.1330%-3.674+72%-1.775-17%0.363-688%
Free Cash Flow Per Share---36.870-36.8700%-7.891-79%-11.049-70%-3.816-90%
Free Cash Flow To Equity Per Share--21.65021.6500%41.290-48%10.057+115%7.513+188%
Gross Profit Margin--1.3191.3190%1.295+2%0.985+34%0.733+80%
Intrinsic Value_10Y_max---198.487--------
Intrinsic Value_10Y_min---486.753--------
Intrinsic Value_1Y_max---7.297--------
Intrinsic Value_1Y_min---22.588--------
Intrinsic Value_3Y_max---31.523--------
Intrinsic Value_3Y_min---90.951--------
Intrinsic Value_5Y_max---67.318--------
Intrinsic Value_5Y_min---184.090--------
Market Cap112037628748.800+12%99133843353.60099133843353.6000%72839820336.000+36%46707948060.800+112%29595070762.880+235%
Net Profit Margin---0.040-0.0400%-0.114+188%-0.105+165%-0.031-23%
Operating Margin---0.030-0.0300%-0.227+661%-0.044+47%0.028-207%
Operating Ratio--1.1181.1180%1.281-13%1.093+2%0.983+14%
Pb Ratio3.769+12%3.3353.3350%3.774-12%2.440+37%1.762+89%
Pe Ratio-307.711-13%-272.271-272.2710%-116.153-57%-59.752-78%-24.017-91%
Price Per Share656.400+12%580.800580.8000%426.750+36%273.650+112%173.390+235%
Price To Free Cash Flow Ratio-17.803-13%-15.753-15.7530%-54.084+243%-11.508-27%-2.112-87%
Price To Total Gains Ratio10.745+12%9.5079.5070%9.150+4%16.677-43%15.472-39%
Quick Ratio--7.2617.2610%14.533-50%7.892-8%4.658+56%
Return On Assets---0.010-0.0100%-0.030+194%-0.022+116%0.005-312%
Return On Equity---0.012-0.0120%-0.032+165%-0.024+95%0.013-197%
Total Gains Per Share--61.09061.0900%46.639+31%21.596+183%15.774+287%
Usd Book Value--356755200.000356755200.0000%231630000.000+54%202526160.000+76%133701792.000+167%
Usd Book Value Change Per Share--0.7330.7330%0.560+31%0.256+186%0.186+293%
Usd Book Value Per Share--2.0902.0900%1.357+54%1.187+76%0.783+167%
Usd Dividend Per Share----0%-0%0.003-100%0.003-100%
Usd Eps---0.026-0.0260%-0.044+72%-0.021-17%0.004-688%
Usd Free Cash Flow---75517200.000-75517200.0000%-16161600.000-79%-22630320.000-70%-7815036.000-90%
Usd Free Cash Flow Per Share---0.442-0.4420%-0.095-79%-0.133-70%-0.046-90%
Usd Free Cash Flow To Equity Per Share--0.2600.2600%0.495-48%0.121+115%0.090+188%
Usd Market Cap1344451544.986+12%1189606120.2431189606120.2430%874077844.032+36%560495376.730+112%355140849.155+235%
Usd Price Per Share7.877+12%6.9706.9700%5.121+36%3.284+112%2.081+235%
Usd Profit---4369200.000-4369200.0000%-7525200.000+72%-3635040.000-17%380652.000-1248%
Usd Revenue--110348400.000110348400.0000%66070800.000+67%78845040.000+40%76202892.000+45%
Usd Total Gains Per Share--0.7330.7330%0.560+31%0.259+183%0.189+287%
 EOD+6 -2MRQTTM+0 -0YOY+23 -115Y+20 -1610Y+20 -16

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-307.711
Price to Book Ratio (EOD)Between0-13.769
Net Profit Margin (MRQ)Greater than0-0.040
Operating Margin (MRQ)Greater than0-0.030
Quick Ratio (MRQ)Greater than17.261
Current Ratio (MRQ)Greater than16.256
Debt to Asset Ratio (MRQ)Less than10.175
Debt to Equity Ratio (MRQ)Less than10.212
Return on Equity (MRQ)Greater than0.15-0.012
Return on Assets (MRQ)Greater than0.05-0.010
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.273
Ma 20Greater thanMa 50711.755
Ma 50Greater thanMa 100740.568
Ma 100Greater thanMa 200789.809
OpenGreater thanClose666.950
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets36,020,300
Total Liabilities6,290,700
Total Stockholder Equity29,729,600
 As reported
Total Liabilities 6,290,700
Total Stockholder Equity+ 29,729,600
Total Assets = 36,020,300

Assets

Total Assets36,020,300
Total Current Assets26,673,200
Long-term Assets9,347,100
Total Current Assets
Cash And Cash Equivalents 853,900
Short-term Investments 12,558,000
Net Receivables 4,989,300
Inventory 6,468,600
Other Current Assets 1,803,400
Total Current Assets  (as reported)26,673,200
Total Current Assets  (calculated)26,673,200
+/-0
Long-term Assets
Property Plant Equipment 1,293,400
Goodwill 2,118,100
Intangible Assets 4,592,500
Other Assets 426,600
Long-term Assets  (as reported)9,347,100
Long-term Assets  (calculated)8,430,600
+/- 916,500

Liabilities & Shareholders' Equity

Total Current Liabilities4,263,700
Long-term Liabilities2,027,000
Total Stockholder Equity29,729,600
Total Current Liabilities
Short-term Debt 59,200
Accounts payable 3,010,200
Other Current Liabilities 395,500
Total Current Liabilities  (as reported)4,263,700
Total Current Liabilities  (calculated)3,464,900
+/- 798,800
Long-term Liabilities
Long term Debt Total 439,000
Other Liabilities 1,588,000
Long-term Liabilities  (as reported)2,027,000
Long-term Liabilities  (calculated)2,027,000
+/-0
Total Stockholder Equity
Common Stock1,716,400
Retained Earnings -520,700
Accumulated Other Comprehensive Income 800,500
Capital Surplus 27,733,400
Total Stockholder Equity (as reported)29,729,600
Total Stockholder Equity (calculated)29,729,600
+/-0
Other
Capital Stock1,716,400
Cash And Equivalents800
Cash and Short Term Investments 13,411,900
Common Stock Shares Outstanding 153,677
Current Deferred Revenue798,800
Liabilities and Stockholders Equity 36,020,300
Net Debt -355,700
Net Invested Capital 29,729,600
Net Tangible Assets 23,019,000
Net Working Capital 22,409,500
Property Plant and Equipment Gross 1,293,400
Short Long Term Debt Total 498,200



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-31
> Total Assets 
6,563,400
7,452,000
7,280,560
9,901,300
9,161,800
13,297,700
15,852,800
12,411,500
13,118,800
21,101,200
36,020,300
36,020,30021,101,20013,118,80012,411,50015,852,80013,297,7009,161,8009,901,3007,280,5607,452,0006,563,400
   > Total Current Assets 
4,585,690
5,091,570
5,317,230
7,346,300
6,593,800
10,143,600
12,224,100
9,520,400
9,701,900
17,497,300
26,673,200
26,673,20017,497,3009,701,9009,520,40012,224,10010,143,6006,593,8007,346,3005,317,2305,091,5704,585,690
       Cash And Cash Equivalents 
584,060
229,190
499,490
492,900
709,400
2,141,900
169,000
664,800
534,300
475,600
853,900
853,900475,600534,300664,800169,0002,141,900709,400492,900499,490229,190584,060
       Short-term Investments 
0
0
0
0
61,700
934,700
3,526,600
2,067,100
2,936,000
10,503,400
12,558,000
12,558,00010,503,4002,936,0002,067,1003,526,600934,70061,7000000
       Net Receivables 
0
2,576,310
2,375,390
2,776,300
4,059,600
2,847,300
6,654,900
3,815,400
3,410,300
2,850,900
4,989,300
4,989,3002,850,9003,410,3003,815,4006,654,9002,847,3004,059,6002,776,3002,375,3902,576,3100
       Inventory 
2,141,470
2,085,670
2,209,070
2,316,900
1,817,200
1,908,900
1,813,900
2,519,900
2,136,500
2,780,200
6,468,600
6,468,6002,780,2002,136,5002,519,9001,813,9001,908,9001,817,2002,316,9002,209,0702,085,6702,141,470
       Other Current Assets 
1,860,160
2,776,710
2,608,670
4,536,500
4,067,200
5,158,100
59,700
375,000
499,700
744,400
1,803,400
1,803,400744,400499,700375,00059,7005,158,1004,067,2004,536,5002,608,6702,776,7101,860,160
   > Long-term Assets 
1,977,710
2,360,430
1,963,330
2,555,000
2,568,000
3,154,100
3,628,700
2,891,100
3,416,900
3,603,900
9,347,100
9,347,1003,603,9003,416,9002,891,1003,628,7003,154,1002,568,0002,555,0001,963,3302,360,4301,977,710
       Property Plant Equipment 
134,640
289,740
262,370
291,000
279,900
359,800
306,800
518,400
455,800
546,500
1,293,400
1,293,400546,500455,800518,400306,800359,800279,900291,000262,370289,740134,640
       Goodwill 
0
0
0
0
0
0
0
0
0
2,118,100
2,118,100
2,118,1002,118,100000000000
       Long Term Investments 
0
251,120
10
250,000
851,000
400
1,200
0
0
0
0
00001,200400851,000250,00010251,1200
       Intangible Assets 
1,345,490
1,192,550
1,124,480
1,169,900
203,600
856,000
1,098,200
538,000
899,200
1,228,100
4,592,500
4,592,5001,228,100899,200538,0001,098,200856,000203,6001,169,9001,124,4801,192,5501,345,490
       Long-term Assets Other 
497,580
878,140
576,480
530,000
2,288,100
1,661,000
2,443,700
3,473,700
1,492,800
713,800
13,409,800
13,409,800713,8001,492,8003,473,7002,443,7001,661,0002,288,100530,000576,480878,140497,580
> Total Liabilities 
3,351,530
4,207,450
3,968,950
5,952,600
4,155,200
1,776,900
2,650,400
1,602,100
1,776,800
1,798,700
6,290,700
6,290,7001,798,7001,776,8001,602,1002,650,4001,776,9004,155,2005,952,6003,968,9504,207,4503,351,530
   > Total Current Liabilities 
3,249,350
3,887,190
3,904,690
5,651,500
4,099,500
1,755,500
2,632,900
1,377,100
1,599,200
1,674,300
4,263,700
4,263,7001,674,3001,599,2001,377,1002,632,9001,755,5004,099,5005,651,5003,904,6903,887,1903,249,350
       Short-term Debt 
2,149,640
2,375,650
2,454,880
3,449,100
2,529,200
12,700
11,900
59,700
48,300
78,100
59,200
59,20078,10048,30059,70011,90012,7002,529,2003,449,1002,454,8802,375,6502,149,640
       Short Long Term Debt 
0
2,675,650
303,130
59,700
2,529,200
12,700
11,900
0
0
0
0
000011,90012,7002,529,20059,700303,1302,675,6500
       Accounts payable 
1,034,740
1,372,400
1,376,370
1,618,300
1,399,500
1,050,300
1,635,300
747,700
922,200
1,115,700
3,010,200
3,010,2001,115,700922,200747,7001,635,3001,050,3001,399,5001,618,3001,376,3701,372,4001,034,740
       Other Current Liabilities 
64,970
139,140
73,440
584,100
170,800
692,500
59,300
72,600
103,900
186,500
395,500
395,500186,500103,90072,60059,300692,500170,800584,10073,440139,14064,970
   > Long-term Liabilities 
102,180
320,260
64,260
301,100
55,700
21,400
17,500
225,000
177,600
124,400
2,027,000
2,027,000124,400177,600225,00017,50021,40055,700301,10064,260320,260102,180
       Long term Debt Total 
0
0
0
0
20,000
10,000
0
219,100
170,700
119,500
439,000
439,000119,500170,700219,100010,00020,0000000
       Other Liabilities 
0
20,260
14,260
19,600
21,000
11,400
17,500
5,900
6,900
4,900
1,588,000
1,588,0004,9006,9005,90017,50011,40021,00019,60014,26020,2600
       Deferred Long Term Liability 
0
1,174,170
1,115,320
1,164,900
623,500
361,300
653,000
255,300
644,500
795,000
0
0795,000644,500255,300653,000361,300623,5001,164,9001,115,3201,174,1700
> Total Stockholder Equity
3,211,870
3,244,550
3,311,610
3,948,700
5,006,600
11,520,800
13,202,400
10,809,400
11,342,000
19,302,500
29,729,600
29,729,60019,302,50011,342,00010,809,40013,202,40011,520,8005,006,6003,948,7003,311,6103,244,5503,211,870
   Common Stock
1,009,790
1,009,790
1,255,310
665,200
740,100
940,900
949,900
954,800
965,100
1,178,200
1,716,400
1,716,4001,178,200965,100954,800949,900940,900740,100665,2001,255,3101,009,7901,009,790
   Retained Earnings 
-1,355,430
-1,327,660
-1,506,320
-774,200
-584,200
1,209,700
2,664,900
125,300
522,800
-125,100
-520,700
-520,700-125,100522,800125,3002,664,9001,209,700-584,200-774,200-1,506,320-1,327,660-1,355,430
   Accumulated Other Comprehensive Income 
-299,110
-355,240
-287,300
0
-446,100
-194,200
-372,800
351,300
341,400
3,687,000
800,500
800,5003,687,000341,400351,300-372,800-194,200-446,1000-287,300-355,240-299,110
   Capital Surplus 
0
0
0
0
4,874,800
9,220,800
9,311,700
9,378,000
9,512,700
14,562,400
27,733,400
27,733,40014,562,4009,512,7009,378,0009,311,7009,220,8004,874,8000000
   Treasury Stock00000000000
   Other Stockholders Equity 
3,856,620
3,917,660
3,849,920
4,057,700
5,296,800
9,564,400
9,960,400
9,378,000
9,512,700
14,562,400
27,733,400
27,733,40014,562,4009,512,7009,378,0009,960,4009,564,4005,296,8004,057,7003,849,9203,917,6603,856,620



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 (+$)
totalRevenue9,195,700
Cost of Revenue-5,607,000
Gross Profit3,588,7003,588,700
 
Operating Income (+$)
Gross Profit3,588,700
Operating Expense-4,673,300
Operating Income-1,036,000-1,084,600
 
Operating Expense (+$)
Research Development798,800
Selling General Administrative212,700
Selling And Marketing Expenses116,100
Operating Expense4,673,3001,127,600
 
Net Interest Income (+$)
Interest Income585,600
Interest Expense-152,000
Other Finance Cost-585,600
Net Interest Income-152,000
 
Pretax Income (+$)
Operating Income-1,036,000
Net Interest Income-152,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-426,500-1,645,500
EBIT - interestExpense = -426,500
-426,500
-212,100
Interest Expense152,000
Earnings Before Interest and Taxes (EBIT)-274,500-274,500
Earnings Before Interest and Taxes (EBITDA)950,500
 
After tax Income (+$)
Income Before Tax-426,500
Tax Provision--62,400
Net Income From Continuing Ops-364,100-364,100
Net Income-364,100
Net Income Applicable To Common Shares-364,100
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,280,300
Total Other Income/Expenses Net609,500152,000
 

Technical Analysis of Tejas Networks 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 Tejas Networks Limited. The general trend of Tejas Networks Limited is BEARISH 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 Tejas Networks 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 Tejas Networks Limited.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 667.35 < 778.05 < 779.00.

The bearish price targets are: 652.85 > 639.10 > 618.90.

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Tejas Networks 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 Tejas Networks Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below 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

Tejas Networks 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 Tejas Networks Limited. The current macd is -22.70373518.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Tejas Networks Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Tejas Networks Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Tejas Networks Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Tejas Networks Limited Daily Moving Average Convergence/Divergence (MACD) ChartTejas Networks 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 Tejas Networks Limited. The current adx is 28.66.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Tejas Networks Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Tejas Networks 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 Tejas Networks Limited. The current sar is 738.33.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Tejas Networks 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 Tejas Networks Limited. The current rsi is 34.27. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Tejas Networks Limited Daily Relative Strength Index (RSI) ChartTejas Networks 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 Tejas Networks Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Tejas Networks Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tejas Networks Limited Daily Stochastic Oscillator ChartTejas Networks 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 Tejas Networks Limited. The current cci is -129.3445869.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Tejas Networks Limited Daily Commodity Channel Index (CCI) ChartTejas Networks 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 Tejas Networks Limited. The current cmo is -40.06601666.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Tejas Networks Limited Daily Chande Momentum Oscillator (CMO) ChartTejas Networks 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 Tejas Networks Limited. The current willr is -95.96868885.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Tejas Networks Limited Daily Williams %R ChartTejas Networks 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 Tejas Networks Limited.

Tejas Networks 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 Tejas Networks Limited. The current atr is 25.93.

Tejas Networks Limited Daily Average True Range (ATR) ChartTejas Networks 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 Tejas Networks Limited. The current obv is 103,650,291.

Tejas Networks Limited Daily On-Balance Volume (OBV) ChartTejas Networks 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 Tejas Networks Limited. The current mfi is 38.48.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Tejas Networks Limited Daily Money Flow Index (MFI) ChartTejas Networks Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tejas Networks 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
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-11DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17DMI 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.
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH 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).
2024-01-23STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28STOCH 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
2024-02-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH 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).
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
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).
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Tejas Networks Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.273
Ma 20Greater thanMa 50711.755
Ma 50Greater thanMa 100740.568
Ma 100Greater thanMa 200789.809
OpenGreater thanClose666.950
Total1/5 (20.0%)
Penke

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