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The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Shri Gang Industries and Allied Products (BOM:523309) 9-Day RSI Explanation
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Shri Gang Industries and Allied Products 9-Day RSI Related Terms
BOM:523309 vs BF.B: 9-Day RSI Comparison
For the Beverages - Wineries & Distilleries subindustry, Shri Gang Industries and Allied Products's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shri Gang Industries and Allied Products 9-Day RSI vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shri Gang Industries and Allied Products's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Shri Gang Industries and Allied Products's 9-Day RSI falls into.
Shri Gang Industries and Allied Products (BOM:523309) 9-Day RSI Calculation
The formula for calculating RSI is:
RSI
=
100
–
[ 100
/
( 1 + Average Gain
/
Average Loss )]
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shri Gang Industries and Allied Products (BOM:523309) has a 9-Day RSI of 48.79 as of Aug. 19, 2026. According to the industry distribution chart, Shri Gang Industries and Allied Products ranks #118 out of 240 companies in the Beverages - Alcoholic industry, placing it in the top 49.2%.
Is Shri Gang Industries and Allied Products' 9-Day RSI too high?
Shri Gang Industries and Allied Products' current 9-Day RSI is 48.79. The Beverages - Alcoholic industry median 9-Day RSI is 49.22. Shri Gang Industries and Allied Products' value of 48.79 is 0.9% below this industry median. Based on the distribution chart, Shri Gang Industries and Allied Products ranks #118 out of 240 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Shri Gang Industries and Allied Products has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Gang Industries and Allied Products' 9-Day RSI compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shri Gang Industries and Allied Products ranks #118 out of 240 companies for 9-Day RSI. This puts Shri Gang Industries and Allied Products in the upper half of its industry. The industry median 9-Day RSI is 49.22. Shri Gang Industries and Allied Products' value of 48.79 is 0.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Beverages - Alcoholic company?
The median 9-Day RSI among Beverages - Alcoholic companies is 49.22, based on 240 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shri Gang Industries and Allied Products's current 9-Day RSI of 48.79 is 0.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Beverages - Alcoholic industry, the median 9-Day RSI is 49.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Gang Industries and Allied Products's current 9-Day RSI is 48.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Gang Industries and Allied Products stock overvalued right now?
Based on GuruFocus' analysis, Shri Gang Industries and Allied Products (BOM:523309) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹116.16, compared to a current price of ₹64.57 — trading 44.4% below its estimated fair value. The current 9-Day RSI is 48.79 and 0.9% below the Beverages - Alcoholic industry median of 49.22. Shri Gang Industries and Allied Products' overall GF Score™ is 58/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Shri Gang Industries and Allied Products (BOM:523309), the current 9-Day RSI is 48.79 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shri Gang Industries and Allied Products (BOM:523309) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Gang Industries and Allied Products stock appears to be undervalued.
The current stock price of ₹64.57 is trading 44.4% below its estimated GF Value™ of ₹116.16.
GuruFocus considers Shri Gang Industries and Allied Products to be Significantly Undervalued.
Key valuation signals for BOM:523309:
9-Day RSI: 48.79
GF Value™: ₹116.16 vs. price of ₹64.57 (44.4% below fair value)
Industry Position: 0.9% below the Beverages - Alcoholic median (#118 of 240)
No single metric tells the full story. See the BOM:523309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Gang Industries and Allied Products Ltd operates in the alcoholic beverages industry, manufacturing Extra Neutral Alcohol(ENA) and bottling Indian Made Foreign Liquor(IMFL). The company runs a distillery with substantial capacity for producing grain-based ENA used in various alcoholic beverages. Also, it manages a bottling unit that handles large-scale bottling operations. The company also has a history of producing vanaspati, refined oils, and bakery shortenings but has strategically shifted focus towards the liquor sector. It has two business segments- Edible Oil Operations and Liquor Operations. It generates revenue prominently from the manufacturing and sale of alcoholic beverages including bottled liquor products.
58GF Score
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