GESHIP - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.3
| Stock Code | GESHIP | Market Cap | 17,687 Cr. | Current Price | 1,239 ₹ | High / Low | 1,266 ₹ |
| Stock P/E | 10.2 | Book Value | 887 ₹ | Dividend Yield | 2.40 % | ROCE | 14.9 % |
| ROE | 15.2 % | Face Value | 10.0 ₹ | DMA 50 | 1,124 ₹ | DMA 200 | 1,055 ₹ |
| Chg in FII Hold | 0.82 % | Chg in DII Hold | 0.36 % | PAT Qtr | 654 Cr. | PAT Prev Qtr | 460 Cr. |
| RSI | 73.4 | MACD | 31.3 | Volume | 4,61,389 | Avg Vol 1Wk | 9,27,102 |
| Low price | 797 ₹ | High price | 1,266 ₹ | PEG Ratio | 0.34 | Debt to equity | 0.10 |
| 52w Index | 94.1 % | Qtr Profit Var | 55.6 % | EPS | 123 ₹ | Industry PE | 12.9 |
📊 Great Eastern Shipping (GESHIP) shows strong fundamentals with low P/E, high EPS, and robust profit growth. Technical indicators (RSI at 73.4, MACD positive, price above both 50 DMA and 200 DMA) suggest strong bullish momentum, though RSI indicates overbought conditions. It is a solid candidate for swing trading with favorable risk-reward potential, but traders should be cautious of short-term corrections.
💡 Optimal Entry Price: Around 1,200–1,220 ₹ (near support zone).
📈 Exit Strategy: If already holding, consider booking profits near 1,260–1,280 ₹ resistance, or exit if price falls below 1,180 ₹.
Positive ✅
- Low P/E of 10.2 compared to industry average of 12.9, indicating undervaluation.
- Strong quarterly PAT growth from 460 Cr. to 654 Cr. (+55.6%).
- EPS of 123 ₹ reflects strong profitability.
- Dividend yield of 2.40% provides stable income.
- Price trading above both 50 DMA (1,124 ₹) and 200 DMA (1,055 ₹), showing bullish trend support.
- FII (+0.82%) and DII (+0.36%) holdings increased, reflecting institutional confidence.
Limitation ⚠️
- RSI at 73.4 indicates overbought conditions, limiting short-term upside.
- MACD positive but high, suggesting momentum may be peaking.
- Trading volume (4.6 lakh) below 1-week average (9.2 lakh), showing reduced participation.
- ROCE (14.9%) and ROE (15.2%) are moderate compared to sector leaders.
Company Negative News 📉
- No major external negative news reported, but overbought technical signals could trigger short-term corrections.
Company Positive News 📈
- Strong quarterly profit growth (+55.6%).
- Institutional investors increasing stake shows confidence in future performance.
Industry 🌐
- Industry P/E at 12.9 highlights sector trades at fair valuation.
- Shipping sector benefits from global trade recovery and rising demand for logistics.
Conclusion 📝
GESHIP is a strong candidate for swing trading with undervaluation, robust profit growth, and institutional support. Entry near 1,200–1,220 ₹ offers favorable risk-reward. Exit around 1,260–1,280 ₹ or below 1,180 ₹ if momentum weakens. While fundamentals are strong, traders should be cautious of overbought signals in the short term.