GODIGIT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | GODIGIT | Market Cap | 29,230 Cr. | Current Price | 316 ₹ | High / Low | 381 ₹ |
| Stock P/E | 57.2 | Book Value | 0.00 ₹ | Dividend Yield | 0.00 % | ROCE | 10.8 % |
| ROE | 11.9 % | Face Value | 10.0 ₹ | DMA 50 | 337 ₹ | DMA 200 | 341 ₹ |
| Chg in FII Hold | -0.22 % | Chg in DII Hold | 0.22 % | PAT Qtr | 140 Cr. | PAT Prev Qtr | 117 Cr. |
| RSI | 34.8 | MACD | -5.56 | Volume | 2,07,500 | Avg Vol 1Wk | 3,35,316 |
| Low price | 265 ₹ | High price | 381 ₹ | PEG Ratio | 1.13 | 52w Index | 44.0 % |
| Qtr Profit Var | 18.2 % | EPS | 5.53 ₹ | Industry PE | 33.8 |
📊 Analysis: GODIGIT is trading at ₹316, below both its 50 DMA (₹337) and 200 DMA (₹341), indicating weak technical positioning. RSI at 34.8 suggests oversold conditions, but MACD at -5.56 confirms bearish momentum. Intraday volume (2.07 lakh) is below the 1-week average (3.35 lakh), limiting strong intraday moves. Valuation is stretched with a P/E of 57.2 compared to industry P/E of 33.8, raising caution for short-term traders despite recent PAT growth.
💡 Optimal Buy Price: ₹310–315 (near support zone).
🎯 Profit-Taking Levels: ₹325–330 (short-term resistance).
🛡️ Stop-Loss: ₹305 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹310 or if MACD remains negative with weakening momentum. Consider booking profits near ₹325–330 if price action stalls and volume remains subdued.
✅ Positive
- Quarterly PAT growth from ₹117 Cr. to ₹140 Cr. (+18.2%).
- DII holdings increased by 0.22%, showing domestic institutional support.
- EPS of ₹5.53 reflects earnings improvement.
- PEG ratio of 1.13 suggests moderate growth alignment.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA indicates weak technical setup.
- High P/E of 57.2 compared to industry average of 33.8 suggests overvaluation.
- Dividend yield of 0.00% offers no income appeal.
- Intraday volume weaker than average, reducing trading opportunities.
📉 Company Negative News
- Decline in FII holdings (-0.22%) signals reduced foreign investor confidence.
📈 Company Positive News
- Consistent quarterly profit growth supports earnings momentum.
- DII inflows (+0.22%) highlight domestic institutional confidence.
🏭 Industry
- Industry P/E at 33.8 is lower than GODIGIT’s 57.2, highlighting relative overvaluation.
- Insurance sector demand remains steady with long-term growth potential.
🔎 Conclusion
GODIGIT shows limited intraday potential due to weak technicals, subdued volume, and overvaluation. While fundamentals show profit growth and DII support, bearish MACD and resistance near 50 DMA suggest caution. Suitable only for disciplined intraday traders with tight stop-loss and modest profit targets around ₹325–330.