In the last six months, the stock has been surprised by 101%, which has made it a standout artist in the cigarette industry. Over the past three years, it has multiplied investors’ wealth more than eight times, showing a long -term strong pace.
Currently, the stock its 52-week high is Rs. 9,824 is shy, while a 52-week low is 3,965, reflecting significant prices appreciation over the year.
On the valuation front, the Godfrey Philips trades at a price-to-minimum (P/E) ratio of 43.9 and a price-to-book (P/B) ratio of 8.96, indicating a premium valuation compared to the average area average.
Technical overview
Stock is showing a strong boom, trading above all eight key simple moving average (SMA) from 5 days to 200-day, indicating constant strength in trend.
Living events
The relevant strength index (RSI, 14-day) is 61.8, which is located in the neutral-to-boulle region.
RSI above 70 indicates overdose, while 30 is considered oversold. With stable holding below the RSI overboat zone, there may still be a place to continue at the rally, though short -term consolidation cannot be ruled out.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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