Share price of Godrej Consumer jumps as Sensex drops 356.4 points
Godrej Consumer Products Ltd. gained 0.91 per cent to Rs 987.0 at 10:25AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 988.0 and low of Rs 973.45 so far during the session.
The stock had closed at Rs 978.05 in the previous session.
The counter has had a total traded volume of 2966 shares so far with a value of Rs 0.3 crore on the NSE. It traded at a price-to-earnings multiple of 60.08 and a price-to-book ratio of 7.18.
A higher price-to-earnings 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 11.83 per cent during the past one year, while the 30-share index advanced 10.31 per cent during the same period.
Godrej Consumer Products Ltd. belongs to the Personal Care industry.
Promotor/FII Holding Promoters held 63.21 per cent stake in the company as of 30-Jun-2023, while FIIs and domestic institutional investors ownership stood at 23.53 per cent and 4.24 per cent, respectively.
