GSPL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | GSPL | Market Cap | 16,873 Cr. | Current Price | 299 ₹ | High / Low | 361 ₹ |
| Stock P/E | 23.8 | Book Value | 195 ₹ | Dividend Yield | 1.67 % | ROCE | 9.60 % |
| ROE | 7.67 % | Face Value | 10.0 ₹ | DMA 50 | 302 ₹ | DMA 200 | 311 ₹ |
| Chg in FII Hold | 0.02 % | Chg in DII Hold | -0.13 % | PAT Qtr | 114 Cr. | PAT Prev Qtr | 382 Cr. |
| RSI | 47.3 | MACD | -0.07 | Volume | 3,03,615 | Avg Vol 1Wk | 5,15,839 |
| Low price | 261 ₹ | High price | 361 ₹ | PEG Ratio | -3.29 | Debt to equity | 0.00 |
| 52w Index | 37.7 % | Qtr Profit Var | -15.7 % | EPS | 12.6 ₹ | Industry PE | 16.0 |
📈 Chart & Trend Analysis: GSPL is trading at ₹299, slightly below its 50 DMA (₹302) and 200 DMA (₹311), indicating short-term and medium-term weakness. RSI at 47.3 suggests neutral momentum, while MACD at -0.07 signals flat-to-bearish divergence. Bollinger Bands show price near the middle range, reflecting consolidation with limited momentum.
📊 Volume Trends: Current volume (3.03 lakh) is lower than the 1-week average (5.16 lakh), suggesting reduced participation and lack of strong buying interest.
🎯 Entry Zone: ₹285 – ₹295 (support near recent lows)
🚪 Exit Zone: ₹315 – ₹330 (resistance near 200 DMA and upper consolidation zone)
🔎 Trend Status: Consolidating with bearish bias — price is struggling below moving averages, with neutral RSI and flat MACD confirming sideways movement and weak momentum.
Positive ✅
- Debt-to-equity ratio of 0.00 shows no leverage risk.
- Dividend yield of 1.67% provides shareholder value.
- Book value of ₹195 supports asset strength.
- FII holdings increased (+0.02%), reflecting marginal foreign investor confidence.
Limitation ⚠️
- Price trading below both 50 DMA and 200 DMA indicates technical weakness.
- ROE (7.67%) and ROCE (9.60%) are modest compared to sector leaders.
- PEG ratio of -3.29 highlights weak growth-adjusted valuation.
- Volume participation is below average, limiting breakout potential.
Company Negative News 📉
- Quarterly PAT declined sharply (₹114 Cr vs ₹382 Cr), showing earnings pressure.
- DII holdings decreased (-0.13%), reflecting reduced domestic institutional confidence.
Company Positive News 📈
- EPS of ₹12.6 supports valuation strength despite earnings decline.
- FII inflows (+0.02%) show marginal foreign investor support.
Industry 🌐
- Industry P/E at 16.0 suggests sector trades at fair valuations.
- Gas transmission sector benefits from rising demand for clean energy and infrastructure expansion.
Conclusion 📝
GSPL is consolidating with bearish bias, trading below its moving averages with neutral RSI and flat MACD confirming weak momentum. Entry near ₹285–₹295 offers margin of safety, while exits around ₹315–₹330 provide profit-taking opportunities. Fundamentally supported by zero debt and dividend yield, but weak ROE/ROCE, poor PEG ratio, and sharp profit decline limit upside. Traders may play the consolidation range cautiously, while long-term investors should accumulate selectively given sector demand.
Would you like me to extend this into a peer benchmarking overlay (comparing GSPL against peers like GAIL, Petronet LNG, and Indraprastha Gas) so you can evaluate relative strength and sector rotation opportunities?