GESHIP - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.1
| Stock Code | GESHIP | Market Cap | 20,549 Cr. | Current Price | 1,441 ₹ | High / Low | 1,509 ₹ |
| Stock P/E | 11.9 | Book Value | 887 ₹ | Dividend Yield | 2.06 % | ROCE | 14.9 % |
| ROE | 15.2 % | Face Value | 10.0 ₹ | DMA 50 | 1,296 ₹ | DMA 200 | 1,134 ₹ |
| Chg in FII Hold | 0.82 % | Chg in DII Hold | 0.36 % | PAT Qtr | 654 Cr. | PAT Prev Qtr | 460 Cr. |
| RSI | 60.8 | MACD | 47.4 | Volume | 4,88,992 | Avg Vol 1Wk | 9,62,835 |
| Low price | 802 ₹ | High price | 1,509 ₹ | PEG Ratio | 0.39 | Debt to equity | 0.10 |
| 52w Index | 90.4 % | Qtr Profit Var | 55.6 % | EPS | 123 ₹ | Industry PE | 10.7 |
📊 Great Eastern Shipping (GESHIP) shows strong swing trade potential. The RSI at 60.8 indicates bullish momentum, while MACD (47.4) confirms positive trend strength. Fundamentals are solid with ROCE at 14.9% and ROE at 15.2%, supported by a low debt-to-equity ratio (0.10). Valuation is attractive with a P/E of 11.9 compared to industry average (10.7), and PEG ratio of 0.39 suggests growth is reasonably priced. The optimal entry price would be near support around 1,400–1,420 ₹. If already holding, consider exiting near resistance around 1,500–1,510 ₹ unless momentum continues strongly.
✅ Positive
- Strong profitability metrics: ROCE 14.9%, ROE 15.2%
- EPS of 123 ₹ highlights earnings strength
- Dividend yield of 2.06% adds shareholder value
- FII holdings increased by 0.82% and DII by 0.36%, showing investor confidence
- Quarterly profit growth (PAT up from 460 Cr. to 654 Cr.)
⚠️ Limitation
- RSI at 60.8 suggests nearing overbought territory
- Price close to 52-week high (1,509 ₹), limiting upside potential
- Volume lower than 1-week average, indicating reduced trading activity
📉 Company Negative News
- Stock trading near 52-week high may face resistance
- Potential profit booking risk due to strong recent rally
📈 Company Positive News
- Quarterly profit growth of 55.6%
- Strong 52-week performance (90.4%)
- Increase in both FII and DII holdings reflects broad investor support
🏭 Industry
- Industry P/E at 10.7, close to GESHIP’s 11.9, suggesting fair valuation
- Shipping sector benefits from global trade recovery and rising freight demand
🔎 Conclusion
Great Eastern Shipping is fundamentally strong with attractive valuation, solid profitability, and strong momentum indicators. Entry around 1,400–1,420 ₹ is optimal, with exit near 1,500–1,510 ₹ if resistance holds. Long-term investors may continue holding due to strong fundamentals, while swing traders can capitalize on short-term momentum with cautious profit booking near highs.