Godrej Consumer shares rise 0.59 per cent in Friday's trading session
Godrej Consumer Products Ltd. rose 0.59 per cent to Rs 982.5 in Friday's trade as of 11:11AM (IST) even as the benchmark Nifty ruled at 19678.7, down 115.3 points.
The scrip had closed at Rs 976.65 in the previous session.
The stock quoted a 52-week low of Rs 793.7 and a high of Rs 1101.55. The company quoted a market-cap of Rs 100547.06 crore on the BSE.
On BSE, 4,374 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 59.99 times its trailing 12-month EPS of Rs 16.39 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-Jun-2023, Godrej Consumer Products Ltd.
reported consolidated sales of Rs 3518.02 crore, up 11.59 per cent from the same quarter a year ago. The company reported 7.62 per cent YoY de-growth in net profit at Rs 318.82 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Friday.
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.
