Godrej Consumer shares up 1.75% as Sensex falls
Godrej Consumer Products Ltd. gained 1.75 per cent to Rs 1079.0 in Friday's session as of 10:15AM (IST) even as the equity benchmark Sensex traded 546.38 points lower at 67025.52. Earlier in the day, the stock witnessed a gap up start to the session.
The stock quoted a 52-week high price of Rs 1101.55 and a 52-week low of Rs 793.7 on NSE. Around 11042 shares changed hands on the counter till 10:15AM (IST). The stock opened at Rs 1073.75 and has touched an intraday high and low of Rs 1081.3 and Rs 1056.0 during the session so far.
The counter quoted a price-to-earnings (PE) ratio of 64.58, earnings per share (EPS) of Rs 16.65 and price to book value (PB) of 7.18, while the return on equity (ROE) stood at Rs 12.34.Promoter/ FII Holding The promoters held 63.21 per cent stake in the company as of July 21, while FII and MF ownerships stood at 23.72 per cent and 3.88 per cent, respectively.Key Financials With a market capitalisation of Rs 109939.75 crore, the company operates in the Personal Care industry. For the quarter ended 31-Mar-2023, the company reported consolidated sales of Rs 3258.07 crore, down 10.54 per cent from the previous quarter?s Rs 3642.07 crore and down 10.83 per cent from the same quarter a year ago. The company reported net profit of Rs 452.14 crore for the latest quarter, up 24.47 per cent from the corresponding quarter last year.Technical Indicators The relative strength index (RSI) of the stock stands at 57.25.
The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold condition 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
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