GESHIP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | GESHIP | Market Cap | 17,031 Cr. | Current Price | 1,193 ₹ | High / Low | 1,266 ₹ |
| Stock P/E | 9.84 | Book Value | 887 ₹ | Dividend Yield | 2.49 % | ROCE | 14.9 % |
| ROE | 15.2 % | Face Value | 10.0 ₹ | DMA 50 | 1,111 ₹ | DMA 200 | 1,050 ₹ |
| Chg in FII Hold | 0.82 % | Chg in DII Hold | 0.36 % | PAT Qtr | 654 Cr. | PAT Prev Qtr | 460 Cr. |
| RSI | 66.8 | MACD | 20.1 | Volume | 3,58,288 | Avg Vol 1Wk | 9,84,839 |
| Low price | 797 ₹ | High price | 1,266 ₹ | PEG Ratio | 0.32 | Debt to equity | 0.10 |
| 52w Index | 84.3 % | Qtr Profit Var | 55.6 % | EPS | 123 ₹ | Industry PE | 12.6 |
📈 Chart & Trend Analysis: GESHIP is trading at ₹1,193, comfortably above both its 50 DMA (₹1,111) and 200 DMA (₹1,050), indicating strong bullish momentum. RSI at 66.8 suggests the stock is approaching overbought territory, while MACD at 20.1 confirms positive momentum. Bollinger Bands show price near the upper band, reflecting strong buying interest but also caution for potential pullbacks.
📊 Volume Trends: Current volume (3.58 lakh) is lower than the 1-week average (9.85 lakh), suggesting reduced participation, which may limit immediate breakout strength despite bullish indicators.
🎯 Entry Zone: ₹1,150 – ₹1,180 (support near 50 DMA)
🚪 Exit Zone: ₹1,240 – ₹1,260 (resistance near recent highs)
🔎 Trend Status: Trending upward — price is above key moving averages with positive MACD, though RSI indicates caution as the stock nears overbought levels.
Positive ✅
- Strong ROE (15.2%) and ROCE (14.9%) reflect efficient capital use.
- Low P/E of 9.84 compared to industry average (12.6) indicates undervaluation.
- Debt-to-equity ratio of 0.10 shows low leverage risk.
- Dividend yield of 2.49% provides shareholder value.
- Quarterly PAT growth (₹654 Cr vs ₹460 Cr) highlights strong earnings momentum.
- EPS of ₹123 supports valuation strength.
Limitation ⚠️
- RSI at 66.8 suggests the stock is nearing overbought territory.
- Volume participation is below average, limiting breakout potential.
- PEG ratio of 0.32 highlights moderate growth-adjusted valuation.
Company Negative News 📉
- Lower trading volume compared to average indicates reduced short-term participation.
Company Positive News 📈
- Quarterly profit growth of 55.6% shows strong performance.
- FII holdings increased (+0.82%) and DII holdings increased (+0.36%), reflecting institutional confidence.
Industry 🌐
- Industry P/E at 12.6 suggests sector trades at fair valuations.
- Shipping sector benefits from global trade recovery and rising freight demand.
Conclusion 📝
GESHIP is trending upward, trading above its moving averages with positive MACD and strong fundamentals. Entry near ₹1,150–₹1,180 offers margin of safety, while exits around ₹1,240–₹1,260 provide profit-taking opportunities. Fundamentally strong with low debt, high EPS, and strong profit growth, though RSI and weak volume suggest caution in the short term. Traders may play the bullish trend, while long-term investors can accumulate for exposure to the shipping sector’s growth.
Would you like me to extend this into a peer benchmarking overlay (comparing GESHIP against peers like Shipping Corporation of India, Essar Shipping, and Mercator) so you can evaluate relative strength and sector rotation opportunities?