GODREJIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | GODREJIND | Market Cap | 38,184 Cr. | Current Price | 1,136 ₹ | High / Low | 1,392 ₹ |
| Stock P/E | 552 | Book Value | 52.5 ₹ | Dividend Yield | 0.00 % | ROCE | 7.38 % |
| ROE | 3.99 % | Face Value | 1.00 ₹ | DMA 50 | 1,027 ₹ | DMA 200 | 1,027 ₹ |
| Chg in FII Hold | -0.39 % | Chg in DII Hold | 0.18 % | PAT Qtr | 13.0 Cr. | PAT Prev Qtr | -12.8 Cr. |
| RSI | 58.8 | MACD | 47.6 | Volume | 48,170 | Avg Vol 1Wk | 1,02,048 |
| Low price | 744 ₹ | High price | 1,392 ₹ | PEG Ratio | -18.0 | Debt to equity | 6.25 |
| 52w Index | 60.5 % | Qtr Profit Var | 119 % | EPS | 1.81 ₹ | Industry PE | 18.4 |
📊 GODREJIND is trading at 1,136 ₹, above its 50 DMA (1,027 ₹) and 200 DMA (1,027 ₹), showing short-term strength but still facing medium-term resistance near 1,392 ₹. RSI at 58.8 indicates moderate momentum, while MACD at 47.6 is positive, confirming bullish bias. Bollinger Bands show price moving toward the upper band, suggesting upside momentum. Current volume (48,170) is below the 1-week average (1,02,048), reflecting weak participation and limited breakout conviction.
- 💰 Optimal Buy Price: 1,120 – 1,140 ₹ (support near DMA levels)
- 📈 Profit-Taking Exit Levels: 1,200 ₹ (first resistance), 1,260 – 1,300 ₹ (trendline resistance)
- 📉 Stop-Loss / Loss Protection: 1,100 ₹ (below support)
- ⏱️ Trend Status: Consolidating with bullish bias; reversal possible if price sustains above 1,200 ₹.
Positive
✅ PAT recovery (13 Cr. vs -12.8 Cr.) shows turnaround.
✅ EPS at 1.81 ₹ supports valuation base.
✅ Price trading above both 50 DMA and 200 DMA confirms short-term bullish structure.
✅ 52-week index at 60.5% reflects strong recovery from lows.
✅ Domestic institutional inflows (+0.18%) provide support.
Limitation
⚠️ Extremely high P/E (552 vs industry 18.4) indicates severe overvaluation.
⚠️ PEG ratio of -18.0 highlights weak growth prospects.
⚠️ Debt-to-equity at 6.25 shows heavy leverage risk.
⚠️ Volume below average reduces conviction in the rally.
⚠️ ROCE (7.38%) and ROE (3.99%) remain weak compared to peers.
Company Negative News
🚫 High leverage and weak profitability metrics raise caution.
🚫 Institutional selling (FII -0.39%) adds downside risk.
Company Positive News
🌟 PAT recovery signals operational turnaround.
🌟 Technical indicators show bullish bias above DMA levels.
🌟 Domestic institutional inflows provide short-term support.
Industry
🏭 Industry P/E at 18.4 is far lower than GODREJIND’s 552, showing extreme overvaluation.
🏭 Diversified industrial sector outlook remains stable but faces margin pressures.
Conclusion
📌 GODREJIND is consolidating with bullish bias, supported by PAT recovery and positive MACD. Entry near 1,120 – 1,140 ₹ offers cautious positioning, while exits at 1,200 – 1,260 ₹ should be monitored. Stop-loss protection at 1,100 ₹ is advised. Despite technical strength, valuations and leverage risks remain significant.
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?