Tega Industries Ltd.

NSE: TEGA · Capital Goods

₹2,011.50

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 68% confidence

Overbought technicals (RSI 72.9), collapsing volume (31% of average), and unvalidated acquisition synergies outweigh positive news…

Strongest bull point

Molycop acquisition expands platform across US, Canada, Latin America, and Australia; ₹126 crore subsidiary order win and experienced sales hire (Vinay Grover) signal integration momentum and revenue traction.

Strongest bear point

Price 18.89% above 200-day EMA with RSI 72.9 in overbought zone; volume collapsed to 31% of 20-day average despite near 52-week highs—classic late-stage momentum exhaustion with no earnings visibility to justify valuation.

Technical Forecast · next 10 trading days

Expected

₹1,748.04 -13.1%

Range

₹1,747.59 – ₹1,749.69

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Every call on TEGA, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹2,011.50 → ₹2,011.50 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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