Case study

TECHNOE

Techno Electric & Engineering

High-risk on the numbers1y model -24.0%

Each stock's 10,000-path forecast, rendered as light.

0Score

Techno Electric & Engineering (TECHNOE) Stock Analysis & Case Study

Is TECHNOE a good buy? The data-driven verdict.

Techno Electric & Engineering (TECHNOE) trades at ₹1,094,on the numbers it high-risk on the numbers, a Downstox Snapshot Score of 28/100.

On the numbers, Techno Electric & Engineering (TECHNOE) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing premium at 28.3× earnings, ROE of 11.4%, a 27% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

TECHNOE fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹12,710 Cr
Current price
₹1,094
P/E ratio
28.3×
P/B ratio
3.06×
Book value
₹357
Dividend yield
0.82%
ROCE
14.8%
ROE
11.4%
Piotroski F-Score
4/9

Is TECHNOE overvalued? TECHNOE P/E vs its sector

TECHNOE's P/E of 28.3× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.82% dividend yield is below the peer median of 1.65%.

TECHNOE P/E
28.3×
Peer median P/E
15.9×
TECHNOE div yield
0.82%
Peer median yield
1.65%

TECHNOE share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of TECHNOE history (-17%/yr drift, 46%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
TECHNOE 2027₹452₹820₹1,456-24%
TECHNOE 2028₹272₹618₹1,427-43%
TECHNOE 2029₹168₹474₹1,308-56%
TECHNOE 2030₹112₹357₹1,189-67%
TECHNOE 2031₹74₹270₹1,024-75%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability TECHNOE goes up, or doubles?

27%
Higher in 1 year
Modelled chance the price is above today in 12 months
9%
Higher in 5 years
Modelled chance the price is above today in 5 years
2%
Doubles in 5 years
Modelled chance of reaching ₹2,159 within 5 years

The bull case for TECHNOE

  • Techno Electric & Engineering is part of the nifty200 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,308.

The bear case & risks

  • At 28.3× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished.
  • Return on equity is a soft 11.4%, capital efficiency trails higher-quality peers.
  • The probability model is cautious 12 months out, only a 27% chance of finishing above today's price.
  • High historical volatility (46%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹168.

TECHNOE volatility & expected range, how bumpy is the ride?

Over the last 2.0 years TECHNOE compounded at -17%/year with annualized volatility of 46%. That volatility implies a 1-year 80% range of ₹452₹1,456, the honest backbone behind any single price target.

TECHNOE price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
24.0%
80% range₹452–₹1,456
P(price ↑)27%
P(price 2×)2%
3-Year Forecast
2029
₹0
Median (P50)
56.1%
80% range₹168–₹1,308
P(price ↑)15%
P(price 2×)3%
5-Year Forecast
2031
₹0
Median (P50)
75.0%
80% range₹74–₹1,024
P(price ↑)9%
P(price 2×)2%

TECHNOE price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
TECHNOE simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds TECHNOE hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the TECHNOE price target & forecast page.

TECHNOE Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. TECHNOE scores 4/9,mixed financial health.

TECHNOE MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy TECHNOE with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST36.4%2.7×
ZerodhaCHEAPEST36.4%2.7×
DhanCHEAPEST36.4%2.7×

Compare every broker on the TECHNOE MTF page.

TECHNOE vs peers,sector comparison

StockP/EDiv yieldMarket cap
TECHNOE (this stock)28.3×0.82%₹12,710 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Techno Electric & Engineering: sector, index & market-cap context

Techno Electric & Engineering (TECHNOE) is a small-cap NSE-listed company, and a constituent of the Nifty 200 index group, with a market capitalisation of ₹12,710 Cr. See more Nifty 200 stocks.

How the TECHNOE Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Techno Electric & Engineering's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

TECHNOE analysis, FAQs

Is Techno Electric & Engineering (TECHNOE) a good buy?

On the numbers, Techno Electric & Engineering (TECHNOE) high-risk on the numbers, a Downstox Snapshot Score of 28/100, weighing premium at 28.3× earnings, ROE of 11.4%, a 27% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is TECHNOE overvalued or undervalued?

TECHNOE trades at 28.3× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the TECHNOE share price target for 2031?

TECHNOE's probability-weighted 2031 median target is ₹270, with an 80% range of ₹74₹1,024 (10,000-path Monte-Carlo).

What is the probability TECHNOE doubles in 5 years?

The modelled probability of TECHNOE reaching ₹2,159 (2×) within 5 years is 2%.

What is the bull case for TECHNOE?

Techno Electric & Engineering is part of the nifty200 universe with live, tracked fundamentals on Downstox.

What are the risks in TECHNOE?

At 28.3× earnings the stock carries a premium to the market, strong growth is already in the price, so any miss tends to be punished. Return on equity is a soft 11.4%, capital efficiency trails higher-quality peers. The probability model is cautious 12 months out, only a 27% chance of finishing above today's price.

More on TECHNOE