Teja Engineering

Which are the latest news on Teja Engineering?

Why is Teja Engineering Industries Ltd falling/rising?

As of 05-Sep, Teja Engineering Industries Ltd's stock price is at 236.05, down 1.77%, and has significantly underperformed the Sensex with an 8.86% decline over the past week and a 64.58% drop in the last month. The stock is also trading below its moving averages, indicating a bearish trend despite increased investor participation.

As of 05-Sep, Teja Engineering Industries Ltd's stock price is falling, currently at 236.05, reflecting a decrease of 4.25 (-1.77%). The stock has underperformed significantly compared to the benchmark Sensex, with a one-week decline of 8.86% against the Sensex's drop of only 1.15%. Over the past month, the stock has experienced a substantial decline of 64.58%, while the Sensex has only decreased by 2.91%. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in investor participation, with a delivery volume increase of 53.73% on September 3rd compared to the 5-day average, the overall performance today still shows a decline of 1.81% relative to its sector. This combination of factors contributes to the current downward movement in the stock price of Teja Engineering Industries Ltd.

What does Teja Engineering do?

Teja Engineering Industries Ltd operates in the Commercial Services & Supplies sector as a Micro Cap company, having been established in 2002 and relocated to Bharuch, Gujarat in 2019. It recently acquired M/s Teja Engineering Services and has a market cap of INR 166 Cr, with key metrics including a P/E of 24.00 and a debt-equity ratio of 0.99.

Overview:<BR>Teja Engineering Industries Ltd operates in the Commercial Services & Supplies industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was initially established as M/s Teja Engineering Services on September 24, 2002, and later relocated to Bharuch, Gujarat, on July 11, 2019. It acquired the proprietorship firm M/s Teja Engineering Services (TES) through a Business Transfer Agreement dated July 17, 2023. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 166 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 24.00<BR>Industry P/E: 35<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.99<BR>Return on Equity: 33.03%<BR>Price-to-Book: 8.78<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Teja Engineering?

Teja Engineering's peers include Savy Infra, Spectrum Talent, Enser, AAA Technologies, and EKI Energy. Savy Infra and Enser show excellent management and growth, while AAA Technologies has the highest 1-year return at 21.21%.

Peers: The peers of Teja Engineering are Savy Infra, Spectrum Talent, Enser, AAA Technologies, and EKI Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Savy Infra, Enser, and AAA Technologies, while Below Average management risk is found at Spectrum Talent and EKI Energy. Excellent growth is noted for Savy Infra and Enser, whereas Below Average growth is present at Spectrum Talent, AAA Technologies, and EKI Energy. Good capital structure is seen at Savy Infra, Enser, and AAA Technologies, while Spectrum Talent has an Excellent capital structure and EKI Energy shows a Below Average capital structure.<BR><BR>Return Snapshot: AAA Technologies has the highest 1-year return at 21.21%, while EKI Energy has the lowest at an undisclosed percentage, with Teja Engineering's own 1-year return being not available for comparison. Additionally, the six-month returns for Spectrum Talent and EKI Energy are negative.