GUJGASLTD - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | GUJGASLTD | Market Cap | 25,436 Cr. | Current Price | 370 ₹ | High / Low | 509 ₹ |
| Stock P/E | 21.9 | Book Value | 126 ₹ | Dividend Yield | 1.57 % | ROCE | 19.6 % |
| ROE | 14.3 % | Face Value | 2.00 ₹ | DMA 50 | 373 ₹ | DMA 200 | 401 ₹ |
| Chg in FII Hold | 6.75 % | Chg in DII Hold | 9.58 % | PAT Qtr | 266 Cr. | PAT Prev Qtr | 281 Cr. |
| RSI | 48.6 | MACD | 1.15 | Volume | 3,47,513 | Avg Vol 1Wk | 3,92,634 |
| Low price | 302 ₹ | High price | 509 ₹ | PEG Ratio | -5.71 | Debt to equity | 0.02 |
| 52w Index | 32.8 % | Qtr Profit Var | 19.8 % | EPS | 16.9 ₹ | Industry PE | 20.8 |
📊 GUJGASLTD is trading at 370 ₹, near its 50 DMA (373 ₹) but below the 200 DMA (401 ₹), reflecting short-term indecision and medium-term weakness. RSI at 48.6 indicates neutral momentum, while MACD at 1.15 is mildly positive, suggesting limited bullish bias. Bollinger Bands show price in the mid-range, pointing to consolidation. Current volume (3,47,513) is slightly below the 1-week average (3,92,634), showing reduced participation and weak breakout conviction.
- 💰 Optimal Buy Price: 360 – 370 ₹ (support near 50 DMA)
- 📈 Profit-Taking Exit Levels: 385 ₹ (first resistance), 400 – 410 ₹ (trendline/200 DMA resistance)
- 📉 Stop-Loss / Loss Protection: 350 ₹ (below support)
- ⏱️ Trend Status: Consolidating with mild bullish bias; reversal possible if price sustains above 385 ₹.
Positive
✅ Price near 50 DMA provides technical support.
✅ EPS at 16.9 ₹ supports valuation base.
✅ ROCE (19.6%) and ROE (14.3%) highlight efficient capital use.
✅ Debt-to-equity at 0.02 indicates very low leverage.
✅ Strong institutional inflows (FII +6.75%, DII +9.58%) show investor confidence.
Limitation
⚠️ Price below 200 DMA signals medium-term weakness.
⚠️ RSI near neutral levels limits breakout conviction.
⚠️ Volume below average reduces strength of momentum.
⚠️ Sequential PAT decline (266 Cr. vs 281 Cr.) shows earnings pressure.
⚠️ PEG ratio of -5.71 highlights weak growth prospects.
Company Negative News
🚫 Earnings decline adds caution.
🚫 Valuation concerns with PEG ratio highlight growth risks.
Company Positive News
🌟 Strong institutional inflows support momentum.
🌟 Technical indicators show consolidation with mild bullish bias.
🌟 Low leverage provides financial stability.
Industry
🏭 Industry P/E at 20.8 is slightly lower than GUJGASLTD’s 21.9, showing fair valuation relative to peers.
🏭 Gas distribution sector outlook remains positive with steady demand growth.
Conclusion
📌 GUJGASLTD is consolidating near its 50 DMA with mild bullish bias, supported by strong institutional inflows. Entry near 360 – 370 ₹ offers cautious positioning, while exits at 385 – 410 ₹ should be monitored. Stop-loss protection at 350 ₹ is advised. Despite strong fundamentals, weak momentum and earnings pressure limit near-term upside.
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?