Godrej Consumer shares down 0.16% as Nifty gains
Godrej Consumer Products Ltd. traded 0.16 per cent down in Friday's trade at 12:53PM (IST). Around 4,300 shares changed hands on the counter.
The scrip opened at Rs 996.95 and touched an intraday high and low of Rs 996.95 and Rs 975.25, respectively, in the session so far. The stock of Godrej Consumer Products Ltd. quoted a 52-week high of Rs 1101.55 and a 52-week low of Rs 793.7.
Total market cap of the Godrej Consumer Products Ltd. stood at Rs 100618.97 crore at the time of writing this report.
Key Financials The company reported consolidated sales of Rs 3667.88 crore for the quarter ended 30-Sep-2023, up 4.26 per cent from previous quarter's Rs 3518.02 crore and up 6.88 per cent from the year-ago quarter's Rs 3431.79 crore.
The net profit for latest quarter stood at Rs 432.77 crore, up 20.6 per cent from the same quarter a year ago.
Shareholding pattern As of 30-Sep-2023, DIIs held 4.8 per cent stake in the firm, while foreign institutional investors held 23.51 per cent and the promoters 63.21 per cent.
Valuation ratio According to BSE data, the stock traded at a P/E multiple of 57.49 and a price-to-book ratio of 7.18.
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.
Godrej Consumer Products Ltd.
