GSPL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | GSPL | Market Cap | 15,141 Cr. | Current Price | 268 ₹ | High / Low | 348 ₹ |
| Stock P/E | 21.3 | Book Value | 195 ₹ | Dividend Yield | 1.86 % | ROCE | 9.60 % |
| ROE | 7.67 % | Face Value | 10.0 ₹ | DMA 50 | 275 ₹ | DMA 200 | 294 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 0.28 % | PAT Qtr | 114 Cr. | PAT Prev Qtr | 382 Cr. |
| RSI | 45.3 | MACD | 6.86 | Volume | 0 | Avg Vol 1Wk | 0 |
| Low price | 226 ₹ | High price | 348 ₹ | PEG Ratio | -2.95 | Debt to equity | 0.00 |
| 52w Index | 34.7 % | Qtr Profit Var | -15.7 % | EPS | 12.6 ₹ | Industry PE | 14.7 |
📊 GSPL is trading at 268 ₹, below both its 50 DMA (275 ₹) and 200 DMA (294 ₹), reflecting short-term and medium-term weakness. RSI at 45.3 indicates neutral-to-weak momentum, while MACD at 6.86 is mildly positive, suggesting limited bullish bias. Bollinger Bands show price near the lower band, pointing to consolidation with downside risk. Current volume data is unavailable, reducing clarity on participation strength.
- 💰 Optimal Buy Price: 260 – 268 ₹ (support near recent lows)
- 📈 Profit-Taking Exit Levels: 280 ₹ (first resistance), 290 – 300 ₹ (trendline/200 DMA resistance)
- 📉 Stop-Loss / Loss Protection: 255 ₹ (below support)
- ⏱️ Trend Status: Consolidating with weak bullish bias; reversal possible only if price sustains above 280 ₹.
Positive
✅ Debt-free status (debt-to-equity 0.00) adds financial stability.
✅ Dividend yield of 1.86% supports long-term investors.
✅ EPS at 12.6 ₹ provides steady earnings base.
✅ Institutional inflows (FII +0.05%, DII +0.28%) show investor confidence.
✅ PEG ratio (-2.95) reflects cautious valuation but potential for re-rating.
Limitation
⚠️ Price below both 50 DMA and 200 DMA signals weakness.
⚠️ RSI near neutral levels limits breakout conviction.
⚠️ Sequential PAT decline (114 Cr. vs 382 Cr.) shows earnings pressure.
⚠️ ROCE (9.60%) and ROE (7.67%) are modest compared to peers.
⚠️ Industry P/E (14.7) is lower than GSPL’s 21.3, showing relative overvaluation.
Company Negative News
🚫 Quarterly PAT declined sharply, raising profitability concerns.
🚫 Weak return ratios limit attractiveness.
Company Positive News
🌟 Dividend yield and debt-free status add stability.
🌟 Institutional inflows provide support.
🌟 Technical indicators show mild bullish bias despite weakness.
Industry
🏭 Industry P/E at 14.7 is lower than GSPL’s 21.3, showing overvaluation relative to peers.
🏭 Gas transmission sector outlook remains positive with rising demand for clean energy.
Conclusion
📌 GSPL is consolidating with weak bullish undertones, supported by debt-free status and institutional inflows but pressured by declining profitability. Entry near 260 – 268 ₹ offers cautious positioning, while exits at 280 – 300 ₹ should be monitored. Stop-loss protection at 255 ₹ is advised. Sustaining above 280 ₹ could trigger a reversal toward medium-term highs.
Would you like me to extend this into a peer benchmarking overlay with Gujarat Gas and Mahanagar Gas for comparative clarity, or keep the focus strictly on this standalone technical view?