Teja Engineering

Why is Teja Engineering Industries Ltd falling/rising?

As of 20-Aug, Teja Engineering Industries Ltd's stock price is at 352.15, down 4.99%, with a notable decline of 42.56% over the past week. The stock is underperforming compared to the market and shows low investor interest, indicating a significant downturn.

As of 20-Aug, Teja Engineering Industries Ltd's stock price is falling, currently at 352.15, which reflects a decrease of 18.5 points or 4.99%. This decline is evident in the stock's performance over various periods, with a significant drop of 42.56% over the past week and 39.28% over the past month, while the benchmark Sensex has only decreased by 0.67% and 0.03% respectively during the same timeframes. <BR><BR>Additionally, the stock is trading below its moving averages across all timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a consistent downward trend. Investor participation has also diminished, with a delivery volume of only 1.8k on August 19, which is a staggering 92.57% lower than the 5-day average delivery volume. This lack of interest from investors further contributes to the stock's decline. Overall, the combination of poor performance relative to the market, low trading volumes, and being below moving averages suggests that Teja Engineering Industries Ltd is experiencing a significant downturn.

Which are the latest news on Teja Engineering?

What does Teja Engineering do?

Teja Engineering Industries Ltd is a Micro Cap company in the Commercial Services & Supplies industry, 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 404 Cr, with key metrics including a P/E of 63.00 and a debt-equity ratio of 0.99.

Overview: <BR>Teja Engineering Industries Ltd operates in the Commercial Services & Supplies industry and is categorized 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 404 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 63.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.99 <BR>Return on Equity: 33.03% <BR>Price-to-Book: 20.88 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

Who are the peers of the Teja Engineering?

Teja Engineering's peers include Digitide Solutio, Alldigi Tech, Tracxn Technolo., and others, with varying management risks and growth rates. Alldigi Tech has the highest 1-year return at -21.43%, while Digitide Solutio has the lowest at -49.61%.

Peers: The peers of Teja Engineering are Digitide Solutio, Alldigi Tech, Tracxn Technolo., Qualitek Labs, Trishakti Indus, Unified Data, Ekansh Concept, Monarch Surve., and Likhami Consult.<BR><BR>Quality Snapshot: Excellent management risk is observed at Digitide Solutio and Monarch Surve., while Average management risk is found at Alldigi Tech, Tracxn Technolo., and Unified Data. Below Average management risk is noted at Qualitek Labs, Trishakti Indus, and Ekansh Concept, and the rest. Growth is Excellent at Qualitek Labs and Unified Data, Good at Trishakti Indus, and Below Average at Digitide Solutio, Alldigi Tech, Tracxn Technolo., and the rest. Capital Structure is Excellent at Alldigi Tech and Monarch Surve., Good at Digitide Solutio and Tracxn Technolo., Average at Qualitek Labs, and Below Average at Trishakti Indus and Ekansh Concept, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Alldigi Tech at -21.43%, while Digitide Solutio has the lowest at -49.61%. Teja Engineering's 1-year return is not available for comparison. Additionally, peers such as Digitide Solutio, Tracxn Technolo., and others have negative six-month returns.