GESHIP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | GESHIP | Market Cap | 22,512 Cr. | Current Price | 1,577 ₹ | High / Low | 1,591 ₹ |
| Stock P/E | 13.0 | Book Value | 887 ₹ | Dividend Yield | 1.88 % | ROCE | 14.9 % |
| ROE | 15.2 % | Face Value | 10.0 ₹ | DMA 50 | 1,386 ₹ | DMA 200 | 1,201 ₹ |
| Chg in FII Hold | 2.74 % | Chg in DII Hold | -0.95 % | PAT Qtr | 654 Cr. | PAT Prev Qtr | 460 Cr. |
| RSI | 68.9 | MACD | 32.9 | Volume | 10,03,597 | Avg Vol 1Wk | 11,80,299 |
| Low price | 842 ₹ | High price | 1,591 ₹ | PEG Ratio | 0.43 | Debt to equity | 0.10 |
| 52w Index | 98.1 % | Qtr Profit Var | 55.6 % | EPS | 123 ₹ | Industry PE | 14.6 |
📈 Chart & Trend: GESHIP is trading well above both its 50 DMA (1,386 ₹) and 200 DMA (1,201 ₹), confirming strong bullish alignment. RSI at 68.9 indicates near-overbought conditions, while MACD at 32.9 remains strongly positive. Bollinger Bands show price near the upper band, suggesting resistance and potential profit booking.
🔎 Momentum Signals: Current volume (10.0 lakh) is slightly below the 1-week average (11.8 lakh), reflecting mild cooling. Momentum remains strong, supported by recent highs and institutional inflows.
🎯 Entry Zone: 1,520–1,540 ₹ (support near breakout zone)
🚪 Exit Zone: 1,580–1,600 ₹ (resistance near 52-week high)
📊 Trend Status: Trending upward with strong momentum; risk of consolidation near highs.
Positive
- EPS at 123 ₹ highlights strong profitability.
- Quarterly PAT surged to 654 Cr. from 460 Cr. (+55.6%).
- FII holdings increased (+2.74%), showing strong foreign investor confidence.
- Low debt-to-equity (0.10) ensures financial stability.
- Dividend yield at 1.88% provides steady income support.
Limitation
- RSI near 69 indicates overbought conditions, limiting immediate upside.
- DII holdings decreased (-0.95%), showing reduced domestic support.
- Volume slightly weaker compared to average, suggesting cautious participation.
- Valuation close to industry average (P/E 13.0 vs 14.6), limiting re-rating potential.
Company Negative News
- No major negative news reported; valuation and overbought signals remain key risks.
Company Positive News
- Strong quarterly earnings growth and institutional inflows.
- Trading near 52-week high (98.1% index), reflecting strong momentum.
Industry
- Industry P/E at 14.6 reflects moderate valuations across shipping sector.
- Sector supported by global trade recovery and rising freight demand.
Conclusion
GESHIP is in a strong uptrend with solid fundamentals and institutional support. Entry near 1,520–1,540 ₹ offers favorable risk-reward, while profit booking is advised near 1,580–1,600 ₹. Short-term outlook remains bullish, though consolidation is likely near highs. Long-term prospects remain strong, supported by earnings growth and sector demand.
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