Share price of Godrej Consumer falls as Sensex drops 490.36 points

Promoters held 63.21 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 22.95 per cent and 5.15 per cent, respectively.

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Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.
The share price of Godrej Consumer Products Ltd. dropped 1.32 per cent to Rs 1250.2 at 11:06AM (IST) in Wednesday's trade. The counter has hit a high of Rs 1278.4 and low of Rs 1249.65 so far during the session. The stock had closed at Rs 1267.0 in the previous session.

The counter has had a total traded volume of 15372 shares so far with a value of Rs 1.94 crore on the NSE. It traded at a price-to-earnings multiple of 71.73 and a price-to-book ratio of 7.18.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.


The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 35.37 per cent during the past one year, while the 30-share index advanced 20.1 per cent during the same period.

Godrej Consumer Products Ltd. belongs to the Personal Care industry.
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Promotor/FII Holding
Promoters held 63.21 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 22.95 per cent and 5.15 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 3729.72 crore for the quarter ended 31-Dec-2023, up 1.69 per cent from the previous quarter's Rs 3667.88 crore and up 2.41 per cent from the year-ago quarter's Rs 3642.07 crore.

Profit for the latest quarter stood at Rs 581.06 crore, up 6.36 per cent from the same quarter a year ago.
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