Tega Industries Ltd Share Price (TEGA)
₹1439.8▲0.04%
Tega Industries Ltd share Performance
- ₹1397₹1464₹1439.8
2.97%
Low
Day's Volatility:4.65%
High
1.68%
- ₹644.1₹1474.85₹1439.8
55.26%
Low
52 Weeks Volatility:57.70%
High
2.43%
| Returns % | |
| 1 Month Return | 17.83 % |
| 3 Month Return | 30.99 % |
| 1 Year Return | 109.63 % |
| Market Stats | |
| Previous Close | ₹1,439.20 |
| Open | ₹1,424.95 |
| Volume | 52.96K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,575.79Cr |
Analyst Rating for Tega Industries Ltd stock
based on 4 analysts
Based on 4 analysts offering long term price targets for Tega Industries Ltd. An average target of ₹1411.75
Source: S&P Global Market Intelligence
Company Information
Tega commenced operations in 1978 with a foreign collaboration with Skega AB Sweden. In October 2013, the company allotted 53,170,032 of equity shares of Rs. 10 each as bonus shares in a ratio of 12:1. In 2021, Tega came out with a Rs. 619.23 crore IPO that was entirely an offer for sale by selling shareholders. The IPO shares were allotted at a price of Rs. 453, including a premium of Rs. 443 per share. The shares were listed on the BSE Ltd and NSE on 13th December 2021.
Share Price: ₹1439.80 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹9,575.79Cr as of today
Revenue: ₹340.20Cr as on December 2023 (Q4 23)
Net Profit: ₹35.62Cr as on December 2023 (Q4 23)
Listing date: 13 Dec, 2021
Chairperson Name: MADAN MOHAN MOHANKA
| Organisation | Tega Industries Ltd |
| Headquarters | |
| Industry | Engineering |
| E-voting on shares | Click here to vote |
Key events for Tega Industries Ltd
Tega Industries Ltd Stock Expected to Rise - 17 Apr, 2024
Technical analysis suggests that Tega Industries Ltd stock is expected to rise towards 1,500-1,550 with strong volumes and a strict stop loss at 1,370.
Tega Industries Ltd Maintains Stable EBIT Margins While Growing Revenue - 03 Apr, 2024
Tega Industries has grown its EPS by 9.1% per year in the last three years, while maintaining stable EBIT margins and growing revenue to ₹14b. Insiders hold a significant amount of capital invested in the stock, making them powerful and aligned with shareholders.
Centrum Broking Initiates Coverage on Tega Industries with Buy Rating - 02 Apr, 2024
Centrum Broking has initiated coverage on Tega Industries with a Buy rating and a target price of Rs 1,625. The company offers strong growth prospects in the mill liner industry and is gaining rapid market share led by its disruptive product DynaPrime. Centrum Broking expects Tega to register 18% revenue and 30% earnings CAGR over FY24-26, driving 300bps expansion in return ratios to around 20% over the next three years.
Fundamentals of Tega Industries Ltd
Insights on Tega Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 14.61% to 15.00% in Dec 2023 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, TEGA stock has moved up by 31.0%
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.88% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 1 year, Thermax Ltd has given 113.7% return, outperforming this stock by 4.1%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 381.87 Cr → 347.59 Cr (in ₹), with an average decrease of 9.0% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 1.83% to 1.48% in Dec 2023 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 5.76% to 5.31% in Dec 2023 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 47.36 Cr → 35.62 Cr (in ₹), with an average decrease of 24.8% per quarter
Tega Industries Ltd Valuation
Tega Industries Ltd in the last 5 years
Lowest (20.96x)
February 24, 2022
Industry (-45.75x)
April 18, 2024
Today (52.60x)
April 18, 2024
Highest (52.60x)
April 18, 2024
Mutual Fund Holdings
| Funds | Holdings |
 SBI Large & Midcap Fund Direct Growth | 0.95% |
 HDFC Balanced Advantage Fund Direct Plan Growth Option | 0.21% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 0.41% |
 Franklin India Smaller Companies Fund Direct Growth | 0.71% |
| SBI Conservative Hybrid Fund Direct Plan Growth | 0.82% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 74.88% | 0.00 | |
| Foreign Institutions | 1.48% | ||
| Mutual Funds | 15% | 2.65 | |
| Retail Investors | 5.31% | ||
| Others | 3.33% | 14.15 |
Technicals of Tega Industries Ltd share
News & Events of Tega Industries Ltd
Frequently Asked Questions
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Tega Industries Ltd (TEGA) share price today is ₹1439.8
Tega Industries Ltd is listed on NSE
Tega Industries Ltd is listed on BSE
- Today’s highest price of Tega Industries Ltd is ₹1464.
- Today’s lowest price of Tega Industries Ltd is ₹1397.
PE Ratio of Tega Industries Ltd is 52.6
PE ratio = Tega Industries Ltd Market price per share / Tega Industries Ltd Earnings per share
Today’s traded volume of Tega Industries Ltd(TEGA) is 52.96K.
Today’s market capitalisation of Tega Industries Ltd(TEGA) is ₹9575.79Cr.
| Tega Industries Ltd(TEGA | Price |
|---|---|
52 Week High | ₹1474.85 |
52 Week Low | ₹644.1 |
Tega Industries Ltd(TEGA) share price is ₹1439.8. It is down -2.38% from its 52 Week High price of ₹1474.85
Tega Industries Ltd(TEGA) share price is ₹1439.8. It is up 123.54% from its 52 Week Low price of ₹644.1
| Tega Industries Ltd(TEGA | Returns |
|---|---|
1 Day Returns | 0.6% |
1 Month Returns | 17.83% |
3 Month Returns | 30.99% |
1 Year Returns | 109.63% |