⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
GNFC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | GNFC | Market Cap | 6,999 Cr. | Current Price | 476 ₹ | High / Low | 585 ₹ |
| Stock P/E | 11.2 | Book Value | 580 ₹ | Dividend Yield | 3.78 % | ROCE | 9.70 % |
| ROE | 7.03 % | Face Value | 10.0 ₹ | DMA 50 | 492 ₹ | DMA 200 | 517 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 0.43 % | PAT Qtr | 177 Cr. | PAT Prev Qtr | 78.0 Cr. |
| RSI | 40.3 | MACD | -4.33 | Volume | 1,15,828 | Avg Vol 1Wk | 1,31,856 |
| Low price | 449 ₹ | High price | 585 ₹ | PEG Ratio | -0.37 | Debt to equity | 0.00 |
| 52w Index | 20.0 % | Qtr Profit Var | 73.5 % | EPS | 42.4 ₹ | Industry PE | 18.8 |
📊 Technical Analysis Report
- 📈 Chart Patterns: The stock has corrected from its 52-week high of ₹585, now consolidating around ₹476. Trendlines show sideways movement with mild bearish undertones.
- 📉 Moving Averages: Current price is below both 50 DMA (₹492) and 200 DMA (₹517), confirming short-term weakness.
- 📊 RSI: RSI at 40.3 indicates the stock is approaching oversold territory, suggesting possible bounce opportunities.
- 📊 MACD: MACD at -4.33 remains negative, showing bearish crossover and weak momentum.
- 📊 Bollinger Bands: Price is near the lower band, signaling oversold conditions and potential mean reversion.
- 📊 Volume Trends: Current volume (1,15,828) is slightly below average weekly volume (1,31,856), reflecting weak participation and lack of strong buying interest.
🎯 Momentum & Trade Zones
- 🔑 Support Levels: ₹460 (near-term), ₹449 (52-week low), ₹430 (secondary).
- 🚀 Resistance Levels: ₹492 (50 DMA), ₹517 (200 DMA), ₹540 (trendline resistance).
- 📌 Optimal Entry Zone: Between ₹460–₹476 near support levels.
- 📌 Optimal Exit Zone: Between ₹492–₹517 near resistance levels.
- 📊 Trend Status: Stock is consolidating with bearish bias, awaiting breakout direction.
Positive
- ✅ Strong dividend yield of 3.78% provides steady shareholder returns.
- ✅ EPS at ₹42.4 highlights consistent profitability.
- ✅ Debt-free balance sheet (Debt-to-equity ratio 0.00) adds financial stability.
- ✅ Quarterly PAT surged to ₹177 Cr. from ₹78 Cr., showing strong earnings growth (73.5%).
Limitation
- ⚠️ Stock trading below both 50 DMA and 200 DMA confirms bearish sentiment.
- ⚠️ RSI and MACD remain weak, limiting immediate upside potential.
- ⚠️ PEG ratio (-0.37) suggests valuation concerns relative to growth prospects.
Company Negative News
- 📉 Weak technical signals with price below key moving averages.
- 📉 Limited institutional buying momentum despite recent earnings improvement.
Company Positive News
- 📈 DII holdings increased (+0.43%), showing domestic institutional support.
- 📈 FII holdings also improved slightly (+0.05%), reflecting foreign investor confidence.
- 📈 Strong quarterly profit growth highlights operational efficiency.
Industry
- 🏭 Chemicals and fertilizers sector remains cyclical, influenced by global commodity prices and demand trends.
- 🏭 Industry PE at 18.8 is higher than GNFC’s PE (11.2), suggesting undervaluation relative to peers.
Conclusion
- 📌 GNFC is consolidating with bearish undertones, trading below key moving averages.
- 📌 Entry near ₹460–₹476 with cautious exits around ₹492–₹517 is optimal for traders.
- 📌 Strong fundamentals and dividend yield support long-term stability, but weak technical momentum limits immediate upside.
This analysis shows GNFC is consolidating with bearish bias, offering cautious entry opportunities near support zones while awaiting stronger momentum signals.