Wednesday, September 2, 2020

GODREJIND | Godrej Industries Limited | Share/Stock Price Level Outlook

 Finvest Online

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Godrej Industries Ltd. Stock/Share Price : 462


➽ In this article we will discuss recent development in the StockShare of GODREJIND ,engaged in the Personal care segment with Market Cap of 15,600 cr. in the Stock Market

Recent Key Strengths

Annual Net Profits improving for last 2 years

Book Value per share Improving for last 2 years

Company with decreasing Promoter pledge

Stock gained more than 20% in one month

Strong Momentum: Price above short, medium and long term moving averages


Recent Weaknesses

Declining Net Cash Flow : Companies not able to generate net cash

Fall in Quarterly Revenue and Net Profit (YoY)

Recent Results: Declining Operating Profit Margin and Net Profits (YoY)

Highest promoter stock pledges


Technical Chart 

Godrejind, godrej industries www.finvestonline.com

➽ Godrejind after making the low of 260 now is in strong momentum and is above all short, medium and long term moving averages.

➽ Currently the stock made a fresh Breakout at 425 level and currently trading at 462

➽ Now, Godrejind stock nearest resistance is at level of 502, which the stock will test in few trading session.

➽ Actually GODREJIND is a growth stock and should be invested for a longer time horizon.

➽ The trend and momentum of the stock is very strong so in every correction long position should be initiated.

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Recent Annual Results

Godrejind, godrej industries

Godrejind Annual sales and Net profit is increasing for the 3 previous years.

Key Balance Sheet Summary

Godrejind, godrej industries

Reserves and surpluses are continuously increasing from the 3 years showing positive improvement.


Thanks for your Precious Time.

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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.

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