GODREJPROP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | GODREJPROP | Market Cap | 45,683 Cr. | Current Price | 1,517 ₹ | High / Low | 2,523 ₹ |
| Stock P/E | 119 | Book Value | 581 ₹ | Dividend Yield | 0.00 % | ROCE | 6.46 % |
| ROE | 6.02 % | Face Value | 5.00 ₹ | DMA 50 | 1,900 ₹ | DMA 200 | 2,109 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.36 % | PAT Qtr | 13.1 Cr. | PAT Prev Qtr | 56.1 Cr. |
| RSI | 22.4 | MACD | -136 | Volume | 10,88,835 | Avg Vol 1Wk | 23,11,278 |
| Low price | 1,475 ₹ | High price | 2,523 ₹ | PEG Ratio | 6.37 | Debt to equity | 0.89 |
| 52w Index | 3.99 % | Qtr Profit Var | -93.6 % | EPS | 12.7 ₹ | Industry PE | 30.2 |
📈 Chart & Trend Analysis: GODREJPROP is trading at ₹1,517, well below its 50 DMA (₹1,900) and 200 DMA (₹2,109), indicating strong short-term and medium-term weakness. RSI at 22.4 suggests oversold conditions, while MACD at -136 confirms heavy bearish momentum. Bollinger Bands show price near the lower band, reflecting selling pressure and possible technical rebound if support holds.
📊 Volume Trends: Current volume (10.9 lakh) is lower than the 1-week average (23.1 lakh), suggesting weak participation and lack of momentum for a breakout.
🎯 Entry Zone: ₹1,480 – ₹1,520 (support near recent lows)
🚪 Exit Zone: ₹1,850 – ₹1,900 (resistance near 50 DMA and upper consolidation zone)
🔎 Trend Status: Reversing with bearish bias — price is under heavy pressure below moving averages, with oversold RSI hinting at possible short-term recovery, but trend remains weak.
Positive ✅
- Book value of ₹581 provides strong asset backing.
- DII holdings increased (+0.36%), showing domestic institutional support.
- Large market capitalization (₹45,683 Cr) ensures liquidity and stability.
Limitation ⚠️
- Extremely high P/E of 119 compared to industry average (30.2) indicates stretched valuations.
- ROCE (6.46%) and ROE (6.02%) are weak compared to sector leaders.
- Debt-to-equity ratio of 0.89 shows moderate leverage risk.
- Dividend yield of 0.00% offers no income support for investors.
Company Negative News 📉
- Quarterly PAT dropped sharply (₹13.1 Cr vs ₹56.1 Cr), a -93.6% variation.
- Decline in FII holdings (-0.16%) reflects reduced foreign investor confidence.
Company Positive News 📈
- EPS of ₹12.7 supports valuation strength despite weak profitability.
- Strong brand presence in real estate sector provides long-term visibility.
Industry 🌐
- Industry P/E at 30.2 suggests sector trades at premium valuations.
- Real estate sector benefits from urbanization and housing demand, but cyclical risks remain.
Conclusion 📝
GODREJPROP is reversing with bearish bias, trading well below its moving averages with oversold RSI and negative MACD confirming weakness. Entry near ₹1,480–₹1,520 offers margin of safety, while exits around ₹1,850–₹1,900 provide profit-taking opportunities. Fundamentally challenged by weak ROE/ROCE, high leverage, and sharp profit decline, though strong brand and asset backing provide resilience. Traders may look for short-term rebound opportunities, while long-term investors should accumulate cautiously given sector cyclicality and stretched valuations.
Would you like me to extend this into a peer benchmarking overlay (comparing GODREJPROP against real estate peers like DLF, Oberoi Realty, and Prestige Estates) so you can evaluate relative strength and sector rotation opportunities?