GODREJIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | GODREJIND | Market Cap | 32,963 Cr. | Current Price | 980 ₹ | High / Low | 1,392 ₹ |
| Stock P/E | 35,829 | Book Value | 52.7 ₹ | Dividend Yield | 0.00 % | ROCE | 8.13 % |
| ROE | 9.04 % | Face Value | 1.00 ₹ | DMA 50 | 1,020 ₹ | DMA 200 | 1,077 ₹ |
| Chg in FII Hold | -0.26 % | Chg in DII Hold | 0.52 % | PAT Qtr | 99.0 Cr. | PAT Prev Qtr | -30.0 Cr. |
| RSI | 42.9 | MACD | -10.5 | Volume | 25,223 | Avg Vol 1Wk | 70,086 |
| Low price | 764 ₹ | High price | 1,392 ₹ | PEG Ratio | 191 | Debt to equity | 6.26 |
| 52w Index | 34.4 % | Qtr Profit Var | -35.1 % | EPS | 0.03 ₹ | Industry PE | 22.8 |
📈 Chart & Trend Analysis: GODREJIND is trading at ₹980, below both its 50 DMA (₹1,020) and 200 DMA (₹1,077), indicating short-term and medium-term weakness. RSI at 42.9 suggests the stock is approaching oversold territory, while MACD at -10.5 confirms bearish momentum. Bollinger Bands show price drifting toward the lower band, reflecting selling pressure and possible consolidation.
📊 Volume Trends: Current volume (25k) is significantly lower than the 1-week average (70k), suggesting weak participation and lack of momentum for a breakout.
🎯 Entry Zone: ₹950 – ₹980 (support near recent lows)
🚪 Exit Zone: ₹1,050 – ₹1,080 (resistance near DMA levels)
🔎 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, but trend remains weak.
Positive ✅
- Return to profitability (₹99 Cr PAT vs -₹30 Cr previous quarter).
- DII holdings increased (+0.52%), showing domestic institutional support.
- 52-week performance index gain of 34.4% highlights long-term resilience.
Limitation ⚠️
- Extremely high P/E of 35,829 compared to industry average (22.8) indicates distorted valuation.
- Low ROE (9.04%) and ROCE (8.13%) reflect weak efficiency.
- Debt-to-equity ratio of 6.26 shows high leverage risk.
- EPS of ₹0.03 is very low, limiting valuation strength.
- PEG ratio of 191 highlights poor growth-adjusted valuation.
Company Negative News 📉
- Decline in FII holdings (-0.26%) indicates reduced foreign investor confidence.
- Quarterly profit variation of -35.1% shows earnings volatility.
Company Positive News 📈
- Return to profitability after a loss in the previous quarter.
- EPS recovery, though still modest, reflects operational improvement.
Industry 🌐
- Industry P/E at 22.8 suggests sector trades at fair valuations.
- Diversified conglomerate sector benefits from exposure to multiple industries, but leverage and volatility remain risks.
Conclusion 📝
GODREJIND is consolidating with bearish bias, trading below its moving averages with weak RSI and negative MACD confirming downside pressure. Entry near ₹950–₹980 offers margin of safety, while exits around ₹1,050–₹1,080 provide profit-taking opportunities. Fundamentally challenged by high leverage, distorted valuations, and weak efficiency metrics, though recent return to profitability and DII support provide some positives. Traders should approach cautiously, while long-term investors may accumulate selectively only if leverage risks are addressed.
Would you like me to extend this into a peer benchmarking overlay (comparing GODREJIND against diversified peers like Aditya Birla Capital, Reliance, and Tata Group companies) so you can evaluate relative strength and sector rotation opportunities?