Posted On: September 5, 2023

Stock Report: GODREJCP(NSE) 04 Sep 2023

Outlook: Bearish

Sector: Consumer Defensive

Industry: Household & Personal Products

Godrej Consumer Products Ltd is a household and personal care producer. The company has three main product categories: home care, hair care, and personal care. Godrej Consumer Products serves different geographic regions: Asia (India, Indonesia, Middle East, Myanmar, Nepal, Pakistan, Sri Lanka); Africa (South Africa, Nigeria, Mozambique, Kenya); Latin America (Argentina, Bolivia, Chile, Paraguay, and Uruguay); and Europe (the United Kingdom). The brand portfolio includes Roby, Renew, Darling, and Inecto in hair care; Hit, Ezee, and Good Knight in-home care; and Mitu, Protekt, and Cinthol in personal care.

#xCalData predicts that # GODREJCP will continue its bearish phase over the next five days and trend within the range of 953 to 1012. 

In comparison to the previous month, the price of the stock has experienced a decline of 1.81% indicating a bearish.

The Stock has doubled once since 06 Jan 2015 and took an average of 2.4 years to double.

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely Trendline indicate Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days.

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