The stock has delivered a staggering 101% return over the last six months, making it one of the standout performers in the Cigarettes Industry. Over the past three years, it has multiplied investor wealth more than eightfold, underscoring strong long-term momentum.
Currently, the stock is just shy of its 52-week high of Rs 9,824, while the 52-week low stands at Rs 3,965, reflecting significant price appreciation over the year.
On the valuation front, Godfrey Phillips trades at a price-to-earnings (P/E) ratio of 43.9 and a price-to-book (P/B) ratio of 8.96, indicating premium valuation compared to sector averages.
Technical Overview
The stock is showing strong bullish momentum, trading above all eight key simple moving averages (SMAs) from the 5-day to the 200-day, signaling continued strength in trend.
The Relative Strength Index (RSI, 14-day) stands at 61.8, which lies in neutral-to-bullish territory.
An RSI above 70 indicates overbought conditions, while below 30 is considered oversold. With RSI holding steady below the overbought zone, the rally may still have room to continue, though short-term consolidation can’t be ruled out.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
