Godrej Consumer shares fall 3.65 per cent in Monday's trading session
Godrej Consumer Products Ltd. fell 3.65 per cent to Rs 1175.25 in Monday's trade as of 02:10PM (IST) even as the benchmark Nifty ruled at 21587.4, down 123.4 points.
The scrip had closed at Rs 1219.85 in the previous session.
The stock quoted a 52-week low of Rs 885.1 and a high of Rs 1207.0. The company quoted a market-cap of Rs 120179.23 crore on the BSE.
On BSE, 160,836 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 68.67 times its trailing 12-month EPS of Rs 17.11 per share and 7.18 times its book value. The return on equity (ROE) stood at Rs 12.34.
Key Financials For the quarter ended 30-Sep-2023, Godrej Consumer Products Ltd.
reported consolidated sales of Rs 3667.88 crore, up 6.88 per cent from the same quarter a year ago. The company reported 20.6 per cent YoY growth in net profit at Rs 432.77 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Monday.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.
