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  • sanket

    •

    3 months

    Godfrey Phillips share price zooms 44% in two days despite the weak Indian stock market.

    https://preview.redd.it/d7imksqljoje1.png?width=1280&format=png&auto=webp&s=b6fd1f48058929105c754080b2a1626e562ddf23 https://preview.redd.it/89e9yrqljoje1.png?width=1280&format=png&auto=webp&s=fdf691e04c8082eb1d11ab9e9d2ff018beaae53b Godfrey Phillips' stock surged nearly 44% in two days, driven by strong buying volumes and positive Q3 FY25 results, with a 48.73% rise in net profit and a 27.42% revenue increase. The stock has been in an uptrend since October 2022, trading above the 40-week EMA. After reaching an all-time high of ₹8,480, it corrected but recently broke out of a resistance trendline with heavy volume. This is supported by a bullish crossover in the RMI on both daily and weekly charts. Analysts suggest that the momentum could push the stock to an all-time high of ₹8,900, making it attractive for momentum traders. Over the past year, Godfrey Phillips shares have gained 170%, and 294% in two years.
    4

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