Share price of Godrej Properties falls as Sensex drops 177.81 points

A total of 9,799 shares changed hands on the counter till 12:46PM (IST)

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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.
Share price of Godrej Properties Ltd. dropped 0.61 per cent to Rs 1115.2 at 12:46PM (IST) in Tuesday's trade. The stock hit a high of Rs 1127.8 and low of Rs 1109.55 so far during the session. The stock had closed at Rs 1122.1 in the previous session.

The counter had a total traded volume of 12:46PM shares so far with a turnover of Rs 1.09 crore on BSE. The stock traded at a price-to-earnings multiple of 74.2 and a price-to-book ratio of 5.36.

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 is the measure of the price that investors are ready to pay even for no growth in the business.

Godrej Properties Ltd. belongs to the Real Estate industry.

Promotor/FII Holding
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Promoters held 58.48 per cent stake in the company as of 31-Dec-2022, while FIIs and domestic institutional investors ownership stood at 27.41 per cent and 4.4 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 404.58 crore for the quarter ended 31-Dec-2022, up 9.58 per cent from the previous quarter's Rs 369.2 crore and up 13.35 per cent from the year-ago quarter's Rs 466.91 crore.

Its profit for the latest quarter stood at Rs 58.74 crore, up 50.81 per cent from the same quarter a year ago.
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