Analyst Rating
based on 3 analysts
66.67%
Buy
0.00%
Hold
33.33%
Sell
Based on 3 analysts offering long term price targets for Techno Electric & Engineering Company Ltd. An average target of ₹1700.33
Source: S&P Global Market Intelligence
Techno Electric & Engineering Company Ltd Share analysis
Techno Electric & Engineering Company Ltd price forecast by 3 analysts
Upside of6.08%
High
₹1766
Target
₹1700.33
Low
₹1600
Techno Electric & Engineering Company Ltd target price ₹1700.33, a slight upside of 6.08% compared to current price of ₹1600.9. According to 3 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Techno Electric & Engineering Company Ltd revenue growth forecast
Expected growth rate Q1, FY2026:139.67%
Forecast
Actual
Including amortisation and stock based compensations
Techno Electric & Engineering Company Ltd EPS growth forecast
EPS estimate Q1, FY2026:81.96%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,556.05₹1,61452 Week's Low
52 Week's High
₹480₹1,796.7
| Returns % | |
| 1 Month Return | -1.63 % |
| 3 Month Return | + 9.34 % |
| 1 Year Return | + 214.75 % |
| Market Stats | |
| Previous Close | ₹1,602.85 |
| Open | ₹1,614.00 |
| Volume | 1.29L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹18,641.08Cr |
Key Statistics
| P/E Ratio | 50.56 |
| PEG Ratio | 4.74 |
| Market Cap | ₹18,641.08 Cr |
| P/B Ratio | 3.79 |
| EPS | 24.94 |
| Dividend Yield | 0.91 |
| Sector | Infrastructure Developers & Operators |
| ROE | 13 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹18,641.08 Cr | 104.06% | 0.51 | ₹268 Cr | ₹1,502 Cr | |
| NA | ₹264.52 Cr | -17.05% | 0.70 | -₹365 Cr | ₹824 Cr | |
| NA | ₹137.40 Cr | 3.46% | 0.61 | -₹32 Cr | ₹127 Cr | |
| BUY | ₹9,851.85 Cr | 26.77% | 0.55 | ₹254 Cr | ₹6,219 Cr | |
| NA | ₹1,070.79 Cr | 37.16% | 0.60 | ₹28 Cr | ₹1,040 Cr |
Company Information
Techno Electric & Engineering Company Ltd provides a range of services in the power sector, such as engineering, procurement, construction, and commissioning of power projects. The company also offers a wide range of products, including power transformers, switchgear, power cables, and other electrical equipment. Furthermore, the company is known for its popular brands such as Techno, Techno Power, and Techno Switchgear.
Share Price: ₹1600.90 per share as on 13 Sep, 2024 04:01 PM
Market Capitalisation: ₹18,641.08Cr as of today
Revenue: ₹375.37Cr as on June 2024 (Q2 24)
Net Profit: ₹98.10Cr as on June 2024 (Q2 24)
Listing date: 04 Dec, 2018
Chairperson Name: P P Gupta
| Organisation | Techno Electric & Engineering Company Ltd |
| Headquarters | Kolkata |
| Industry | Infrastructure Developers & Operators |
| E-voting on shares | Click here to vote |
Key events for Techno Electric & Engineering Company Ltd
Techno Electric Wins Major Data Center Contract - 02 Sep, 2024
Techno Electric & Engineering Company has been awarded a significant contract by RailTel to design and build Edge Data Centers in 102 cities, boosting its stock price. The company reported substantial revenue and profit growth in Q1 FY25, indicating strong financial performance.
Techno Electric Reports Strong Financial Growth - 26 Aug, 2024
Techno Electric's June 2024 net sales reached Rs 375.37 crore, up 37.03% YoY. Net profit surged 288.3% to Rs 98.10 crore, with EPS rising to Rs 9.12. The stock has delivered impressive returns of 122.08% over the last 6 months and 237.12% over the last year.
Techno Electric Downgraded to REDUCE by Emkay Global - 21 Aug, 2024
Emkay Global Financial has downgraded Techno Electric (TEEC) to REDUCE due to a recent stock price surge, setting a target price of Rs 1,600. Despite a strong order backlog and growth prospects in T&D and data center segments, the downgrade reflects caution after the stock's sharp run-up.
Techno Electric Projects Rs 4,000-Crore Order Inflows - 20 Aug, 2024
Techno Electric and Engineering anticipates order inflows of Rs 4,000 crore in FY25, having secured Rs 1,600 crore in Q1. The company is also L1 for an additional Rs 1,200 crore, indicating strong performance and sustainable margins.
Techno Electric Hits Upper Circuit After IndiGrid Partnership - 19 Aug, 2024
Techno Electric & Engineering Company shares surged to a 5% upper circuit after announcing a partnership with IndiGrid to co-develop two greenfield interstate transmission projects. The company will invest minority capital and manage project execution.
Techno Electric Partners with IndiGrid for Projects - 16 Aug, 2024
Techno Electric & Engineering Company has partnered with IndiGrid to co-develop two greenfield transmission projects, IPTL and DPTL, investing minority capital and managing project execution.
Techno Electric Reports Strong Q1 and New Projects - 15 Aug, 2024
Techno Electric & Engineering announced impressive Q1 results with a 288.3% profit increase YoY. The company will also co-develop IPTL and DPTL projects, enhancing its operational scope.
Techno Electric Wins Data Centre Tender - 08 Aug, 2024
Techno Electric & Engineering Company has won a tender to set up data centres, incurring all capital expenditure while RailTel will earn a 12-13% commission on revenue as a marketing partner.
Insights on Techno Electric & Engineering Company Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 6 months, TECHNOE stock has moved up by 149.5%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 77.54 Cr → 98.1 Cr (in ₹), with an average increase of 21.0% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 22.40% to 23.33% in Jul 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 4.39% to 7.93% in Jul 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 231.1% return, outperforming this stock by 16.4%
- NO EFFECT
Against Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 1727.8% return, outperforming this stock by 1251.6%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 61.51% to 56.92% in Jul 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 11.32% to 10.23% in Jul 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 470.88 Cr → 443.85 Cr (in ₹), with an average decrease of 5.7% per quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.92% | ||
| Foreign Institutions | 7.93% | 80.83 | |
| Mutual Funds | 23.33% | 4.17 | |
| Retail Investors | 10.23% | ||
| Others | 1.58% | 315.81 |
Key Indicators
Techno Electric & Engineering Company Ltd Valuation
Techno Electric & Engineering Company Ltd in the last 5 years
Lowest (9.92x)
June 20, 2022
Today (50.56x)
September 12, 2024
Industry (95.71x)
September 12, 2024
Highest (62.45x)
June 25, 2024
Earnings and Dividends
Techno Electric & Engineering Company Ltd Earnings Results
Techno Electric & Engineering Company Ltd’s net profit jumped 288.36% since last year same period to ₹98.10Cr in the Q1 2024-2025. On a quarterly growth basis, Techno Electric & Engineering Company Ltd has generated 26.52% jump in its net profits since last 3-months.
Read More about Earnings ResultsTechno Electric & Engineering Company Ltd Dividends May,2023
In the quarter ending March 2023, Techno Electric & Engineering Company Ltd has declared dividend of ₹6 - translating a dividend yield of 0.50%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Techno Electric & Engineering Company Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Techno Electric & Engineering Company Ltd (TECHNOE) share price today is ₹1600.9
Techno Electric & Engineering Company Ltd is listed on NSE
Techno Electric & Engineering Company Ltd is listed on BSE
- Today’s highest price of Techno Electric & Engineering Company Ltd is ₹1614.
- Today’s lowest price of Techno Electric & Engineering Company Ltd is ₹1556.05.
PE Ratio of Techno Electric & Engineering Company Ltd is 50.56
PE ratio = Techno Electric & Engineering Company Ltd Market price per share / Techno Electric & Engineering Company Ltd Earnings per share
Today’s traded volume of Techno Electric & Engineering Company Ltd(TECHNOE) is 1.29L.
Today’s market capitalisation of Techno Electric & Engineering Company Ltd(TECHNOE) is ₹18641.08Cr.
| Techno Electric & Engineering Company Ltd(TECHNOE | Price |
|---|---|
52 Week High | ₹1796.7 |
52 Week Low | ₹480 |
Techno Electric & Engineering Company Ltd(TECHNOE) share price is ₹1600.9. It is down -10.90% from its 52 Week High price of ₹1796.7
Techno Electric & Engineering Company Ltd(TECHNOE) share price is ₹1600.9. It is up 233.52% from its 52 Week Low price of ₹480
| Techno Electric & Engineering Company Ltd(TECHNOE | Returns |
|---|---|
1 Day Returns | -1.95% |
1 Month Returns | -1.63% |
3 Month Returns | 9.34% |
1 Year Returns | 214.75% |