Goodluck India Stock Hits a New All-Time High: Is the Stock Worth Watching?
- October 16, 2026
- Posted by: Harsh Piplani
- Category: News
Goodluck India closed at an all-time high of Rs 611.00 on 15 Oct 2026, up 2.51% against 1.22% for the Sensex, taking its two day gain to 5.88%. It is up 72.54% year to date against a 13.55% fall in the Sensex. The P/E is about 29 and the June quarter profit was Rs 63.61 crore on sales of Rs 1,287.43 crore.
Quick Answer
Goodluck India closed at a record Rs 611.00 on 15 October 2026, above the previous high of Rs 608.35, after rising 2.51% in a day. The stock is up 72.54% year to date and 44.22% over one year, while the Sensex is down 13.55% and 10.82% over those periods. It trades at a P/E of about 29 and a price to book of 3.95, with a return on capital employed (ROCE) of 14.27% and no promoter pledge. A record high shows strength, but it also means the stock is no longer priced for a recovery, so the next move depends on earnings.
The company makes steel products such as tubes, pipes and galvanised items, and its shares have outperformed the market by a wide margin in 2026. The latest record high came on a day when the Sensex rose 1.22%.
This guide covers the price and returns of Goodluck India, the valuation, the June 2026 quarter results and the risks. Figures come from MarketsMOJO data of 15 October 2026 and I flag what I could not verify.
Click Here – Get Free Investment Predictions
Goodluck India Share Price: Record High and Returns
| Period | Goodluck India | Sensex |
|---|---|---|
| 1 day (15 Oct 2026) | Up 2.51% | Up 1.22% |
| 2 days | Up 5.88% | Not given |
| 1 year | Up 44.22% | Down 10.82% |
| Year to date | Up 72.54% | Down 13.55% |
| 3 years | Up 137.77% | Not given |
| 5 years | Up 512.53% | Not given |
| 10 years | Up 1,482.15% | Not given |
The Goodluck India close of Rs 611.00 is above the earlier high of Rs 608.35. The stock trades above its 5, 20, 50, 100 and 200 day moving averages, which shows a strong trend. A 72.54% gain in under ten months is a sharp run, so a pullback is common after such moves.
Risk: Stocks at an all-time high can fall quickly if results or the market disappoint.
Screen steel and metal stocks on the Univest Screener
Goodluck India Valuation and Quality
| Metric | Value |
|---|---|
| Price to earnings (P/E) | About 29 |
| Price to book | 3.95 |
| EV/EBITDA | 15.79 |
| PEG ratio | 0.92 |
| Dividend yield | 0.34% |
| ROCE | 14.27% |
| ROE | 13.18% |
| Debt to equity | 0.75 |
| Promoter pledge | Zero |
| Institutional holding | 8.07% |
MarketsMOJO rates its quality as average and the trend as bullish. A PEG ratio of 0.92 suggests the price is not far ahead of earnings growth, but a PEG depends on a growth estimate that I could not verify (my read of the data).
A debt to equity of 0.75 and interest cost of Rs 30.44 crore in the June quarter show that the company uses borrowing, which matters when rates stay high.
Risk: A return on equity of 13.18% is modest for a stock priced at 3.95 times book value.
Download the Univest iOS App or Univest Android App to track Goodluck India and set price alerts.
Goodluck India June 2026 Quarter Results
| Metric | June 2026 quarter |
|---|---|
| Net sales | Rs 1,287.43 crore |
| Profit after tax | Rs 63.61 crore |
| Operating margin | 10.48% |
| EPS | Rs 19.13 |
| Interest cost | Rs 30.44 crore |
Profit after tax of Rs 63.61 crore on sales of Rs 1,287.43 crore is a net margin of about 4.9% (my calculation). I did not find the year earlier quarter, so I cannot state growth. The September quarter results are the next test of the Goodluck India record price.
Risk: Steel input costs and import competition can squeeze margins quickly.
Is Goodluck India Worth Watching? What the Data Says
| Point for | Point against |
|---|---|
| Strong trend above all key averages | Record high after a 72.54% run this year |
| Zero promoter pledge | Institutional holding of only 8.07% |
| PEG of 0.92 | Average quality rating |
| Beat the Sensex by wide margins | Thin net margin of about 4.9% |
Whether it stays on the watchlist depends on the investor’s time frame. A trader may watch the Rs 608 to Rs 611 area as a breakout zone, while a long term investor may wait for the next quarter to check that margins hold.
What a Record High Means for Goodluck India
| Check | Figure | Basis |
|---|---|---|
| Close versus previous high | Rs 611.00 against Rs 608.35, about 0.44% higher | My calculation |
| Implied close on 14 Oct | About Rs 596 | Rs 611.00 divided by 1.0251 (my calculation) |
| Implied close on 13 Oct | About Rs 577 | Rs 611.00 divided by 1.0588 (my calculation) |
| Distance from the 200 day average | Not given | Average values were not published |
The record is only 0.44% above the old high, so a small fall would put the stock back under it. Breakouts that hold usually need a few sessions of volume above the old high, and I could not find volume data.
Long term holders have seen it rise 137.77% in three years and 512.53% in five years. A new buyer of Goodluck India at Rs 611 is paying for that history, so the return from here depends on the next few quarters and not on the past run.
Risk: A thin margin of about 4.9% means a small rise in input costs can cut profit by a large percentage.
What to Watch Next for Goodluck India
- The September quarter results, for sales growth and the operating margin
- A close below the previous high of Rs 608.35, which would show a failed breakout
- Steel prices and input costs
- Debt and interest costs
- Institutional buying beyond the current 8.07%
Conclusion
Goodluck India has set a record at Rs 611 with strong returns and no promoter pledge, but its quality rating is average and the margin is thin. It is a stock to watch rather than chase, and the next result will matter.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Goodluck India all-time high?
Ans. Goodluck India closed at Rs 611.00 on 15 October 2026, above the previous high of Rs 608.35.
How much has the stock returned in 2026?
Ans. The stock is up 72.54% year to date against a fall of 13.55% for the Sensex.
What is the valuation of Goodluck India?
Ans. The P/E is about 29, price to book 3.95, EV/EBITDA 15.79 and the PEG ratio 0.92.
What were the June 2026 quarter results?
Ans. Net sales were Rs 1,287.43 crore, profit after tax Rs 63.61 crore, EPS Rs 19.13 and the operating margin 10.48%.
Does Goodluck India have promoter pledge?
Ans. No. The promoter pledge is zero, and institutional holding is 8.07%.
Is it a quality stock?
Ans. MarketsMOJO rates its quality as average, with a ROCE of 14.27% and a ROE of 13.18%.
What are the risks of Goodluck India?
Ans. A stretched price after a 72.54% run, thin net margins, steel cost swings and debt of 0.75 times equity.
Is this article investment advice?
Ans. No. It is educational and not a recommendation to buy or sell.
