Godrej Industries share price gained 7.98% at ₹1,092.75 as of 11:15 AM IST on February 21, 2025. The chemical stock has shown remarkable performance today amidst recent market turmoil. The stock opened at ₹990 and varied during the session, hitting a high of ₹1,147 and a low of ₹976.35. Investor sentiment was upbeat, and more than 6.68 million shares were traded.
Godrej Industries has always performed better than its industry and wider market indices. In early trade, the stock registered a 3.77% increase, outperforming its industry by 3.83%. In contrast, the Sensex fell by 0.28%, further consolidating Godrej Industries' leadership position in the market.
In the last five days, the stock has appreciated by a whopping 30.6%, indicating strong investor sentiment and consistent demand. In the last month, Godrej Industries has appreciated by 14.88%, while the Sensex is down by 0.42%. This is a further testament to the stock’s robustness.
Some key parameters provide insights into Godrej Industries' recent performance:
Total Value Traded: ₹73,144.09 lacs, evidencing heavy market activity.
Market Cap: The Godrej Industries stock shows a total market capitalization of around ₹36,869 crores.
VWAP (Volume Weighted Average Price): The VWAP was at ₹1,098.86, which means that investors paid an average price almost equivalent to the market rate.
Godrej Industries' share price has fluctuated between its 52-week high of ₹1,314 and a low of ₹724 in the last year, showing its volatility. The upward trend in recent times is due to good financial performance and favorable investor sentiments.
The trailing twelve-month (TTM) earnings per share (EPS) for the company is ₹14.45, even though it reflects a year-on-year drop of 27.59%. Besides, the TTM price-to-earnings (PE) ratio is at 75.77, reflecting that investors expect growth to take place in the future, even amidst earnings problems.
Godrej Industries is now trading above its major moving averages, such as the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This upward trend indicates strong momentum in the short to medium term. The stock's beta of 0.77 reflects lower volatility than the overall market, making it a good choice for investors looking for stability in uncertain conditions.
Experts see Godrej Industries shares as a good performer in the chemical space, giving a ‘BUY’ rating. Though there was a short-term dip of more than 8% in recent weeks, the recent uplift in the stock indicates long-term potential. The upper circuit limit for the stock is ₹1,214.10, and the lower circuit limit is ₹809.40.
Godrej Industries' stock rise today, indicates its solid market position and investor confidence. A stunning five-day appreciation of 30.6% and persistent outperformance over wider market trends show the stock’s resilience. As always, investors need to do their due diligence and review market conditions before investing.