Goodluck India Limited
Momentum (79/100) does the heavy lifting; valuation (21/100) is the drag.
ExpensiveOvervaluedStocksWizard rates Goodluck India Limited a Hold, scoring 45/100 on our blended model. We put fair value near ₹1,118.54; at ₹1,517.5 that leaves roughly 26% downside, so the stock screens overvalued by 26%. On 26.9x trailing earnings it sits pricier than the Basic Materials median of about 22.2x. The price is about 7% below its 52-week high of ₹1,629.4 and 65% above the low of ₹919.8. Financial health scores 70/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹1,653 implies about 9% upside across 2 analysts. It clears 4 of 13 investability checks, with durability 45, valuation 35 and momentum 79 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹894.84.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-6.87% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Hold45Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 12.7%
- Fail: Low debt (D/E < 0.5): 0.73x
- Fail: Positive free cash flow
- Fail: Revenue growth > 10%: -2%
- Pass: Earnings growing: 38%
- Fail: Net margin ≥ 10%: 4.4%
- Fail: Current ratio > 1.5: 1.38
- Fail: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Pass: Altman Z in safe zone: Z 3.81
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter58.6%
- Institutions3.4%
- Public & other38.1%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Financially solid — Altman Z 3.81.
Opportunities
- Earnings growing (38% YoY).
Bear case
Threats
- Trades ~26% above our estimated fair value.
About Goodluck India Limited
Goodluck India Limited manufactures precision engineering and steel products including electric resistance welded tubes, cold drawn welded tubes, custom forgings, and power and telecom towers. The company produces ERW hot dip galvanized pipes, black pipes, hollow sections, cold formed profiles, road safety products, sheets, coils, and flanges for various industrial applications.
Goodluck India Limited — frequently asked questions
Is Goodluck India Limited a buy, hold or sell?
StocksWizard currently rates Goodluck India Limited (GOODLUCK) a Hold, based on a blended score of 45/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Goodluck India Limited's fair value?
Our blended DCF and relative-valuation model estimates Goodluck India Limited's fair value at about ₹1,118.54, versus a current price of ₹1,517.5 — roughly 26% downside. On that basis the stock looks overvalued by 26%.
Is Goodluck India Limited financially healthy?
Goodluck India Limited scores 70/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.
How has Goodluck India Limited's share price performed?
Goodluck India Limited is up 10% over three months, and last traded at ₹1,517.5. Past performance doesn't predict future returns.
More in Basic Materials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.