GODREJAGRO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | GODREJAGRO | Market Cap | 10,003 Cr. | Current Price | 519 ₹ | High / Low | 876 ₹ |
| Stock P/E | 17.2 | Book Value | 141 ₹ | Dividend Yield | 2.12 % | ROCE | 24.4 % |
| ROE | 20.9 % | Face Value | 10.0 ₹ | DMA 50 | 567 ₹ | DMA 200 | 656 ₹ |
| Chg in FII Hold | -0.92 % | Chg in DII Hold | 0.20 % | PAT Qtr | 177 Cr. | PAT Prev Qtr | 169 Cr. |
| RSI | 38.0 | MACD | -13.9 | Volume | 94,374 | Avg Vol 1Wk | 1,37,768 |
| Low price | 506 ₹ | High price | 876 ₹ | PEG Ratio | 1.46 | Debt to equity | 0.57 |
| 52w Index | 3.55 % | Qtr Profit Var | 34.2 % | EPS | 30.2 ₹ | Industry PE | 20.1 |
📈 Chart & Trend Analysis: GODREJAGRO is trading at ₹519, below both its 50 DMA (₹567) and 200 DMA (₹656), indicating short-term and medium-term weakness. RSI at 38.0 suggests the stock is nearing oversold territory, while MACD at -13.9 confirms bearish momentum. Bollinger Bands show price near the lower band, reflecting selling pressure and possible consolidation.
📊 Volume Trends: Current volume (94k) is lower than the 1-week average (138k), suggesting weak participation and limited momentum strength.
🎯 Entry Zone: ₹510 – ₹525 (support near recent lows)
🚪 Exit Zone: ₹560 – ₹580 (resistance near 50 DMA and upper consolidation zone)
🔎 Trend Status: Consolidating with bearish bias — price is struggling below moving averages, with weak RSI and negative MACD confirming downside pressure. A bounce from oversold levels could trigger short-term recovery.
Positive ✅
- Strong ROCE (24.4%) and ROE (20.9%) indicate efficient capital use.
- Dividend yield of 2.12% provides income stability.
- Quarterly PAT growth (₹177 Cr vs ₹169 Cr) reflects earnings improvement.
- EPS of ₹30.2 supports valuation strength.
Limitation ⚠️
- Price trading below both 50 DMA and 200 DMA indicates technical weakness.
- Debt-to-equity ratio of 0.57 shows moderate leverage risk.
- PEG ratio of 1.46 highlights average growth-adjusted valuation.
- Weak trading volume reduces breakout potential.
Company Negative News 📉
- Decline in FII holdings (-0.92%) indicates reduced foreign investor confidence.
Company Positive News 📈
- Quarterly profit growth of 34.2% shows strong earnings momentum.
- DII holdings increased (+0.20%), reflecting domestic institutional support.
Industry 🌐
- Industry P/E at 20.1 suggests sector trades at fair valuations.
- Agribusiness sector benefits from rising demand for food processing and exports.
Conclusion 📝
GODREJAGRO is consolidating with bearish bias, trading below its moving averages with RSI near oversold and negative MACD confirming weakness. Entry near ₹510–₹525 offers margin of safety, while exits around ₹560–₹580 provide profit-taking opportunities. Fundamentally supported by strong ROCE, ROE, and dividend yield, but debt levels and weak technical signals limit upside. Traders may look for short-term rebound opportunities, while long-term investors should accumulate cautiously given sector stability.
Would you like me to extend this into a peer benchmarking overlay (comparing GODREJAGRO against agribusiness peers like UPL, Rallis India, and PI Industries) so you can evaluate relative strength and sector rotation opportunities?