Godrej Industries hits two-month high
Godrej Industries Ltd. (NSE: Godrej Industries hits two-month high
Godrej Industries Ltd. (NSE:GODREJIND), India's 3rd largest Commodity chemicals company by market cap, traded at its 41-day high of Rs428.50. Godrej Industries' stock price has increased Rs1.0 (0.2%) from its previous trading session to close at Rs424.35. Compared with the BSE SENSEX Index which rose 136.9 points (0.3%) in the day, the relative price change was -0.1%. The volume was 0.3 times the average daily trading volume of 383,871 shares. There were 109,448 shares worth Rs46.5 million (US$658,738) traded today.
Technical indicators complementing today's significant uptrend:
+ The positive 3.14 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ In the last three months the stock has hit a new 52-week high four times, pointing to an uptrend.
Fundamental measures by comparison with the sector average [in brackets] indicate: