GODREJAGRO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | GODREJAGRO | Market Cap | 11,336 Cr. | Current Price | 589 ₹ | High / Low | 876 ₹ |
| Stock P/E | 20.0 | Book Value | 151 ₹ | Dividend Yield | 1.87 % | ROCE | 23.4 % |
| ROE | 20.8 % | Face Value | 10.0 ₹ | DMA 50 | 584 ₹ | DMA 200 | 620 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.48 % | PAT Qtr | 88.2 Cr. | PAT Prev Qtr | 131 Cr. |
| RSI | 53.0 | MACD | -2.14 | Volume | 69,498 | Avg Vol 1Wk | 2,08,434 |
| Low price | 506 ₹ | High price | 876 ₹ | PEG Ratio | 0.61 | Debt to equity | 0.30 |
| 52w Index | 22.5 % | Qtr Profit Var | 29.6 % | EPS | 27.4 ₹ | Industry PE | 22.9 |
📊 GODREJAGRO is trading at 589 ₹, slightly above its 50 DMA (584 ₹) but below the 200 DMA (620 ₹), showing short-term strength but medium-term resistance. RSI at 53.0 indicates moderate momentum, while MACD at -2.14 is negative, reflecting mild bearish bias. Bollinger Bands suggest price movement in a mid-range consolidation zone. Current volume (69,498) is significantly below the 1-week average (2,08,434), showing weak participation and limited breakout potential.
- 💰 Optimal Buy Price: 580 – 590 ₹ (support near 50 DMA)
- 📈 Profit-Taking Exit Levels: 610 ₹ (first resistance), 630 ₹ (trendline resistance)
- 📉 Stop-Loss / Loss Protection: 570 ₹ (below support)
- ⏱️ Trend Status: Consolidating with mild bearish bias; reversal possible if price sustains above 610 ₹.
Positive
✅ Strong ROCE (23.4%) and ROE (20.8%) highlight efficient capital use.
✅ EPS at 27.4 ₹ supports valuation strength.
✅ PEG ratio of 0.61 suggests fair valuation relative to growth.
✅ Dividend yield of 1.87% provides steady returns.
✅ Institutional inflows (FII +0.03%, DII +0.48%) show investor confidence.
Limitation
⚠️ Price below 200 DMA signals medium-term weakness.
⚠️ MACD negative crossover indicates short-term bearish undertone.
⚠️ Volume participation is weak compared to average, limiting breakout potential.
⚠️ Quarterly PAT declined (88.2 Cr. vs 131 Cr.), showing earnings pressure.
Company Negative News
🚫 Weak quarterly profit performance adds caution.
🚫 Technical indicators show consolidation with bearish undertones.
Company Positive News
🌟 Strong return ratios (ROCE, ROE) highlight operational efficiency.
🌟 Institutional inflows reflect confidence.
🌟 Dividend yield supports investor returns.
Industry
🏭 Industry P/E at 22.9 is slightly higher than GODREJAGRO’s 20.0, showing fair valuation relative to peers.
🏭 Agro and FMCG sector outlook remains positive with steady demand.
Conclusion
📌 GODREJAGRO is consolidating near its 50 DMA with weak short-term momentum but strong fundamentals. Best strategy is cautious accumulation near 580 – 590 ₹ with profit booking around 610 – 630 ₹, maintaining a strict stop-loss near 570 ₹.
Would you like me to extend this into a swing trade overlay for 1–2 week holding logic, or keep the focus strictly on this intraday technical view?