Godfrey Phillips Stock Plunges 12%: 3 Reasons Behind the Sharp Market Drop

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Godfrey Phillips Shares Plunge 12%: Profit Booking, Market Volatility, Technical Signals Cited

Godfrey Phillips India के शेयरों में सोमवार को तेज गिरावट देखने को मिली। यह शेयर 11.37% टूटकर 2,205 रुपये पर बंद हुआ।

M

Moneycontrol•23-02-2026, 16:25

Godfrey Phillips Shares Plunge 12%: Profit Booking, Market Volatility, Technical Signals Cited

•Godfrey Phillips India shares dropped 11.37% to Rs 2,205, hitting an intraday low of Rs 2,180.
•The decline is attributed to profit booking after a 31% rally in 3-4 trading sessions.
•High beta (1.32) makes the stock more volatile, amplifying market and sector pressures.
•Weak technical signals, including trading below key moving averages and an overbought RSI, triggered selling.
•Despite strong Q3 results and robust financials, the stock saw a sharp correction.

Read Full Article on Moneycontrol in Hindi

✦

More like this

✦

More like this

Godfrey Phillips India (Wikipedia)

Godfrey Phillips Shares Dip 5% After 3-Day Surge; ITC Faces Limited Upside

Godfrey Phillips India Ltd के शेयर 14 फरवरी, शुक्रवार को लगभग 19% तक चढ़ गए, जिसकी वजह कंपनी के मजबूत Q3 नतीजे रहे.

Godfrey Phillips India Stock Plunges 5% After 25% Rally; ITC Price Hikes Noted

circuit-breaker-2-february-2026

Stock Crash: 4 Shares Hit Lower Circuit, Small Investors Trapped Again

ओला इलेक्ट्रिक अपने पीक लेवल से करीब 80% तक टूट चुका है।

IPO Sensation to Stock Crash: 5 New-Age Companies Down 80%

17 Shares Hit 52-Week Lows Amidst Strong Market: Suzlon, Ola Electric Plunge

17 Shares Hit 52-Week Lows Amidst Strong Market: Suzlon, Ola Electric Plunge

Markets in red, shares decline, stocks fall decline, stocks in red Stocks, Shares, Equity

Dalal Street Bleeds: Sensex Sinks 1,200 Pts, Nifty Below 25,500; ₹7 Lakh Cr Wiped Out