GODREJCP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | GODREJCP | Market Cap | 1,07,528 Cr. | Current Price | 1,051 ₹ | High / Low | 1,309 ₹ |
| Stock P/E | 77.0 | Book Value | 78.8 ₹ | Dividend Yield | 1.91 % | ROCE | 19.3 % |
| ROE | 14.9 % | Face Value | 1.00 ₹ | DMA 50 | 1,155 ₹ | DMA 200 | 1,182 ₹ |
| Chg in FII Hold | -2.82 % | Chg in DII Hold | 2.91 % | PAT Qtr | 431 Cr. | PAT Prev Qtr | 356 Cr. |
| RSI | 32.8 | MACD | -41.8 | Volume | 11,33,523 | Avg Vol 1Wk | 26,77,637 |
| Low price | 1,020 ₹ | High price | 1,309 ₹ | PEG Ratio | -35.7 | Debt to equity | 0.33 |
| 52w Index | 10.9 % | Qtr Profit Var | 26.1 % | EPS | 13.1 ₹ | Industry PE | 43.1 |
📊 Chart & Trend: GODREJCP is trading at ₹1,051, below both its 50 DMA (₹1,155) and 200 DMA (₹1,182), reflecting weakness. RSI at 32.8 suggests oversold conditions, while MACD (-41.8) confirms bearish momentum. Bollinger Bands show price near the lower band, signaling selling pressure but also potential for a rebound.
📈 Momentum Signals: Volume (11.3L) is significantly lower than the 1-week average (26.7L), showing reduced participation. RSI below 35 indicates oversold conditions, hinting at possible accumulation zones.
💡 Entry Zone: ₹1,030–₹1,050 (support zone).
🚪 Exit Zone: ₹1,120–₹1,150 (resistance). A breakout above ₹1,150 could open room toward ₹1,200.
📌 Trend Status: The stock is currently reversing downward after correcting from its high of ₹1,309, with bearish undertones dominating near-term charts.
Positive
- ROCE (19.3%) and ROE (14.9%) show moderate efficiency.
- DII holdings increased (+2.91%), signaling strong domestic institutional support.
- Quarterly PAT growth (₹431 Cr vs ₹356 Cr) shows earnings momentum.
- Dividend yield of 1.91% adds income appeal.
Limitation
- High P/E (77.0) compared to industry PE (43.1), suggesting stretched valuation.
- PEG ratio (-35.7) indicates valuation concerns relative to growth trajectory.
- Stock trading below both 50 DMA and 200 DMA reflects technical weakness.
Company Negative News
- Decline in FII holdings (-2.82%) signals reduced foreign investor confidence.
- Stock corrected sharply from its 52-week high of ₹1,309, showing volatility.
Company Positive News
- Quarterly profit growth of 26.1% supports earnings strength.
- EPS of ₹13.1 reflects profitability.
- Strong DII inflows (+2.91%) highlight domestic confidence.
Industry
- FMCG sector enjoys steady demand and premium valuations.
- Industry PE (43.1) is lower than GODREJCP’s P/E, suggesting premium valuation.
- Peers trade at moderate valuations, positioning GODREJCP as a premium FMCG play.
Conclusion
⚖️ GODREJCP is showing bearish reversal signals with RSI near oversold and MACD negative. Fundamentals remain stable (ROCE/ROE, EPS growth, dividend yield), but valuation is stretched and technical signals suggest caution. Entry near ₹1,030–₹1,050 offers a margin of safety, with exits around ₹1,120–₹1,150. Long-term investors may hold for FMCG sector strength, while traders should wait for a reversal confirmation before momentum trades.
Selva, would you like me to extend this into a peer benchmarking overlay against FMCG majors like HUL, Dabur, and Marico? That would highlight relative strength and rotation opportunities alongside GODREJCP.