Godfrey Phillips share price zooms over 55% in three days despite weak Indian stock market; Should you buy or sell?

Godfrey Phillips share price hit the 10% upper circuit on Tuesday, marking its third consecutive session of significant gains. Godfrey Phillips shares surged 10% to an intraday high of ₹7,745.75 per share on the BSE.

Today’s gain in Godfrey Phillips stock follows a 17.7% rally on February 17 and 20% surge on February 14%.

Over the past three sessions, Godfrey Phillips stock price has climbed 55.44%, driven by strong buying interest. On February 18, approximately 21 lakh equity shares of Godfrey Phillips India were traded, exceeding its one-week average volume of 17 lakh shares.

The spike in Godfrey Phillips share price comes after the cigarette maker reported its Q3 results. Godfrey Phillips had announced its earnings for the third quarter of FY25 on February 13, Thursday, after market hours.

Godfrey Phillips Q3 Results

Godfrey Phillips India reported a consolidated net profit of ₹315.84 crore in the fiscal third quarter ended December 2024, registering a growth of 48.73% from ₹212.35 crore in the same period last fiscal year.

The company’s consolidated revenue from operations in Q3FY25 increased 27.42% to ₹1,895.52 crore from ₹1,487.54 crore, year-on-year (YoY).

At the operational front, EBITDA in the December quarter grew 57.6% to ₹358.8 crore from ₹227.7 crore, while EBITDA margin expanded to 22.6% from 18.2%, YoY.

Should you buy Godfrey Phillips shares?

Godfrey Phillips shares have witnessed a surge in trading activity, with six of the last ten sessions recording volumes over three times the 50-day average, highlighted Anshul Jain, Head of Research at Lakshmishree Investment and Securities.

“This spike in volume, coupled with a sharp price rally, suggests strong institutional accumulation. The momentum indicates a potential breakout toward its all-time high, with further upside to ₹8,900 in the near term. If the buying pressure sustains, Godfrey Phillips stock could continue its upward trajectory, making it an attractive bet for momentum traders,” Jain said.

Godfrey Phillips Stock Price Trend

Godfrey Phillips stock price has jumped 71% in one month and 49% year-to-date (YTD). In the past six months, Godfrey Phillips shares have gained over 65%, while the stock has delivered multibagger returns of 194% in one year and 327% in two years.

At 11:40 AM, Godfrey Phillips shares were trading 7.68% higher at ₹7,582.20 apiece on the BSE. 

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.