Trending stocks: Godfrey Phillips shares slip over 4%
A total of 7,127 shares changed hands on the counter till 11:07AM (IST).

The scrip opened at Rs 981.0 and touched an intraday high and low of Rs 1007.0 and Rs 960.0, respectively, in the session so far. Shares of the company of Godfrey Phillips India Ltd. quoted a 52-week high of Rs 1480.4 and a 52-week low of Rs 675.3.
Total market cap of the Godfrey Phillips India Ltd. stood at Rs 5073.83 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 588.71 crore for the quarter ended 31-Mar-2020, down 21.66 per cent from previous quarter's Rs 751.47 crore and down 3.04 per cent from the year-ago quarter's Rs 607.15 crore.
The net profit for latest quarter stood at Rs 38.69 crore, down 19.86 per cent from the same quarter a year ago.
As of 31-Mar-2020, domestic institutional investors held 2.0 per cent stake in the company, while foreign institutional investors held 11.7 per cent and the promoters 47.09 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 13.18 and a price-to-book ratio of 2.45. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Godfrey Phillips India Ltd. belongs to the Cigarettes industry.
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