GUJGASLTD - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | GUJGASLTD | Market Cap | 28,141 Cr. | Current Price | 409 ₹ | High / Low | 509 ₹ |
| Stock P/E | 24.2 | Book Value | 126 ₹ | Dividend Yield | 1.42 % | ROCE | 19.6 % |
| ROE | 14.3 % | Face Value | 2.00 ₹ | DMA 50 | 410 ₹ | DMA 200 | 432 ₹ |
| Chg in FII Hold | 0.12 % | Chg in DII Hold | 0.09 % | PAT Qtr | 266 Cr. | PAT Prev Qtr | 281 Cr. |
| RSI | 49.0 | MACD | 1.31 | Volume | 1,35,821 | Avg Vol 1Wk | 3,67,265 |
| Low price | 360 ₹ | High price | 509 ₹ | PEG Ratio | -6.32 | Debt to equity | 0.02 |
| 52w Index | 32.7 % | Qtr Profit Var | 19.8 % | EPS | 16.9 ₹ | Industry PE | 19.8 |
📈 Chart & Trend Analysis: GUJGASLTD is trading at ₹409, near its 50 DMA (₹410) but below the 200 DMA (₹432). This indicates short-term stability but medium-term weakness. RSI at 49.0 suggests neutral momentum, while MACD at 1.31 signals mild bullish divergence. Bollinger Bands show price near the middle range, reflecting consolidation with potential for breakout if volume improves.
📊 Volume Trends: Current volume (1.36 lakh) is significantly lower than the 1-week average (3.67 lakh), suggesting weak participation and limited momentum strength.
🎯 Entry Zone: ₹400 – ₹410 (support near 50 DMA)
🚪 Exit Zone: ₹430 – ₹450 (resistance near 200 DMA and upper consolidation zone)
🔎 Trend Status: Consolidating with mild bullish bias — price is holding near the 50 DMA, with MACD positive but RSI neutral, indicating sideways movement with potential recovery if volume strengthens.
Positive ✅
- Strong ROCE (19.6%) and ROE (14.3%) reflect efficient capital use.
- Debt-to-equity ratio of 0.02 shows negligible leverage risk.
- Dividend yield of 1.42% provides shareholder value.
- EPS of ₹16.9 supports valuation strength.
- FII (+0.12%) and DII (+0.09%) holdings increased, reflecting institutional confidence.
Limitation ⚠️
- Price trading below 200 DMA indicates medium-term weakness.
- PEG ratio of -6.32 highlights weak growth-adjusted valuation.
- Quarterly PAT declined sequentially (₹266 Cr vs ₹281 Cr), showing short-term earnings pressure.
- Volume participation is below average, limiting breakout potential.
Company Negative News 📉
- Sequential decline in quarterly PAT indicates short-term earnings weakness.
Company Positive News 📈
- Quarterly profit variation of 19.8% shows strong year-on-year growth.
- Institutional inflows (FII and DII) reflect confidence in the company.
Industry 🌐
- Industry P/E at 19.8 suggests sector trades at fair valuations.
- Gas distribution sector benefits from rising demand for clean energy and government support.
Conclusion 📝
GUJGASLTD is consolidating with mild bullish bias, trading near its 50 DMA but below the 200 DMA. RSI is neutral and MACD positive, suggesting potential recovery if volume improves. Entry near ₹400–₹410 offers margin of safety, while exits around ₹430–₹450 provide profit-taking opportunities. Fundamentally strong with high ROCE, low debt, and dividend yield, though weak PEG ratio and sequential PAT decline limit upside. Traders may play the consolidation range, while long-term investors can accumulate selectively given sector resilience.
Would you like me to extend this into a peer benchmarking overlay (comparing GUJGASLTD against peers like Mahanagar Gas, Indraprastha Gas, and Adani Total Gas) so you can evaluate relative strength and sector rotation opportunities?