Get started
GODREJ PROPERTIES LTDGODREJ PROPERTIES LTDGODREJ PROPERTIES LTD

GODREJ PROPERTIES LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

GODREJPROP trade ideas

GODREJPROP - Stock AnalysisGodrej Properties Ltd. is displaying strong bullish momentum in both technical and fundamental aspects, making it an attractive option for investors. From a technical standpoint, the stock exhibits several "Strong Bullish" signals. The PriceVol indicator suggests a "Strong Bullish" sentiment, with rising prices accompanied by increasing trading volume in recent sessions. The HighLow indicator indicates "Strong Bullish" sentiment, with the stock near a one-year high and showing a robust uptrend. The one-day analysis is "Strong Bullish," with the latest tick displaying a strong price rise supported by good volume. The Parabolic SAR (PSAR) is "Bullish" with a bullish crossover, while the KeltnerBand, HighLowBand, Awesome Oscillator, MAChannelBand, and Supertrend all indicate "Strong Bullish" signals, showing positive breakout patterns. The MACD (Moving Average Convergence Divergence) is "Bullish" with a bullish crossover of the Macd and Signal lines, although it's noted that there have been frequent crossovers. The Williams %R and Fast Stochastic are "Bullish," indicating they are in the overbought territory, but the uptrend appears strong, suggesting that shorting the stock at this point may be risky. The CMF (Chaikin Money Flow) suggests "Bullish" sentiment with very strong buying pressure. The daily, weekly, and monthly candlestick patterns all reflect bullish sentiment, with the weekly and monthly patterns displaying "Strong Bullish" signals. In terms of resistance, the stock has encountered short-term resistance levels, with top points at 1716.0 on November 2, 2023, 1707.5 on October 17, 2023, and 1727.45 on October 11, 2023. From a fundamental perspective, Godrej Properties Ltd. demonstrates positive trends. The company's Book Value has been trending upwards over the last three years, indicating a strong financial position. The Piotroski F Score is at a stable value of 4.0, which signifies sound financial health. There has been annual net profit growth over the last three years, and the company's EBITDA has been continuously increasing for the past three years. Godrej Properties Ltd. maintains a good net margin of 22.11%, suggesting healthy profitability. However, it offers a very low dividend yield of 0.550%, indicating a preference for reinvesting profits for growth. Additionally, there has been a steady increase in Total Assets over the last three years, reflecting the company's ongoing growth and financial stability. In summary, Godrej Properties Ltd. offers a compelling investment opportunity with strong technical and fundamental indicators. The stock's bullish technical signals, coupled with its solid financial performance, make it an appealing choice for investors seeking growth potential in the market. Nonetheless, investors should continue to monitor both technical and fundamental developments for a comprehensive understanding of the stock's potential. Go Long above 1726.60 Stop Loss 1588
NSE:GODREJPROPLong
by ruelfernandes
MACDOBV Alerted Bullish on GODREJPROPAs discussed in this strategy which is triggered the bullish signal. It is quite obvious with MACD cross its signal line along with potential increase in volume. Some key points about Godrej Properties if convinced for LONG: Revenue: The company generated revenue of INR 567.51 crore during the quarter ended June 30, 2023, which was an increase of 25.5% compared to the same quarter in the previous year. Net Profit: The net profit of the company stood at INR 139.01 crores during the quarter ended June 30, 2023, registering a growth of 40.19%. Earnings Per Share (EPS): The earnings per share (EPS) of the company were INR 1.00 during the quarter ended June 30, 2023, representing a growth of 36.00% over the same quarter in the previous year. Dividend: There was no dividend paid by the company during the quarter ended June 30, 2023. Interest Coverage Ratio: The interest coverage ratio of the company was 21.38 times during the quarter ended June 30, 2023, indicating that the company had sufficient ability to meet its interest payments. Debt-to-Equity Ratio: The debt-to-equity ratio of the company was 0.75 during the quarter ended June 30, 2023, indicating that the company had a healthy balance between its debt and equity. Return on Equity (ROE): The return on equity (ROE) of the company was 25.35% during the quarter ended June 30, 2023, indicating that the company was generating good returns on its equity investment.
NSE:GODREJPROPLong
by stocktechbot
GODREJPROP AT MONTHLY 40 SUPPORT #GODREJPROP down 60% from all-time highs & testing the confluence of supports! Price retesting horizontal breakout + primary trendline support since 2014. Monthly RSI @40 Support which indicates Value Buying in stock. Good For Investment Point of view. On Weekly + Monthly TF Price formed a falling wedge Patten and price also very close to upper downward trendline .After Breakout Good move can be seen in coming days. Wait for a higher high on daily before going with a full position. Price might consolidate for a few more weeks. Chart Showing perfect low Risk & High Reward Setup. Find Perfect Entry in Lower Timeframes. Positional Targets:- 1200/1355/1500+✔️
NSE:GODREJPROPLong
by Jha_Nidhi
1