Strategies for Godrej stocks as group likely finalises separation terms

Godrej Agrovet, Godrej Industries, Godrej Properties can potentially rally up to 10% from current levels, while Astec Life and Godrej Consumer Products can fall up to 17%, suggest charts.

Shares of Godrej Group-related companies are likely to be in focus in the near term amid buzz of that the two-factions of Godrej family - Adi Godrej and Jamshyd Godrej - had finalised the terms of separation. 

Today after a sharp rally in most group shares on Friday, stocks were seen trading on a tepid note amid weak market sentiment in the broader market.

Meanwhie, here's how the stocks from the Godrej Group are placed on charts:

Godrej Industries

Current Price: Rs 679

Upside Potential: 10%

Despite today's over 5 per cent fall, the stock is seen trading above the higher-end of the Bollinger Bands on