Massive 246% Return! Ready for Bonus Shares; Experts See Further Gains

Godfrey Phillips India Ltd (NSE: GODFRYPHLP): The share of the maker of cigarettes Godfrey Phillips has given its investors a gain of 242 percent in the last year.

In 2024, the stock will give a return of 246 percent. The stock last Friday was up 12 percent. Today on Monday, 9 September the price is Rs 6,812, with the stock slipping by 5 percent.

Sign Of A Strong Upward Trend

Godfrey Phillips stock is currently being traded over its long-term moving average. This suggests a significant upward trend, but the regular pullback (decline) is evident before the next stage of growth in the stock.

A Technical Research company has stated regarding Godfrey Phillips stock that the stock is moving through the top band in the pattern of rising wedges which indicates that it is likely to continue its upward trend.

In the daily chart, MACD is trading at or over the zero line and a positive crossover is observed to form, which is an optimistic outlook for the stock.

Bullish Momentum May Continue

Additionally, it is also evident that the stock is moving into uncharted territory and has an above-average volume. This indicates an ongoing momentum moving forward.

Suggestion On The Stock

In light of the technical aspects, Expert is looking at potential upside opportunities in the stock, with a target between Rs 7,960 and Rs 9,215. A solid Stop loss as high as Rs 6,200 must be set in the market.

An expert says the stock is strong on the technical front and also supported by a low ratio of equity and a maximum stake in the promoter.

He adds that there is an entry point for the stock close to Rs 6,700. For the medium- to long-term period investors can open the position with the stop loss at Rs 6,200.

Godfrey Phillips Preparing For Bonus Share

In the Friday session, there was news that Godfrey Phillips is preparing to offer bonus shares because of which the stock price jumped approximately 12 percent.

Decision Will Be Taken In The Board Meeting

The meeting of the board of directors of Godfrey Phillips company is going to be held on the 20th of September. At this meeting, the idea of issuing bonus shares in an amount of 2:1 will be discussed.

If the proposal for bonus shares receives the approval of the board, investors will receive two shares for each of their share of holding.

Godfrey Phillips Company Product

Godfrey Phillips Company does business in tobacco and tobacco-related products. The company is the main producer of Marlboro’s cigarette brand for the Indian market.

In addition, it also produces other brands of cigarettes that are popular, such as “Four Square”, “Red and White”, “J”, and “Seven”.

Godfrey Phillips Share Performance And Financial Condition

  1. 246 percent gain over the last year.
  2. 128 percent more than in the last 6 months.
  3. A return of 77 percent in the past month.
  4. Net profit for the financial period 2025-June quarter has dropped by 11 percent to Rs 229 crore.
  5. On an annual basis, the company’s operating revenue has grown by 16 percent during June.

Quick Fact

Company nameGodfrey Phillips
Return in the last year242%
Return in 2024246%
Stock increase on Friday12%
Stock decrease on Monday5%
Current stock price₹6,812
Long-term moving averageAbove
MACD crossoverPositive
MomentumBullish, above-average volume
Possible target price₹7,960 – ₹9,215
Stop loss₹6,200
Entry point₹6,700
Bonus share plan2:1
Board meeting date20 September
Main productsTobacco, Marlboro cigarettes, Four Square, Red and White, J, Seven
Return over last year246%
Return over last 6 months128%
Return over last month77%
Net profit drop (June 2025 quarter)11% to ₹229 crore
Revenue growth (June 2025)16%

Disclaimer: The website and its content are for informational purposes only and should not be considered investment advice.

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