Share price of Godrej Consumer jumps as Sensex gains 583.0 points
Godrej Consumer Products Ltd. gained 0.39 per cent to Rs 985.45 at 12:18PM (IST) in Wednesday's trade. The stock hit a high of Rs 990.2 and low of Rs 980.65 so far during the session.
The stock had closed at Rs 981.55 in the previous session.
The counter had a total traded volume of 12:18PM shares so far with a turnover of Rs 0.72 crore on BSE. The stock traded at a price-to-earnings multiple of 57.6 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 is the measure of the price that investors are ready to pay even for no growth in the business.
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-Sep-2023, while foreign investors and domestic institutional investors ownership stood at 23.51 per cent and 7.64 per cent, respectively.
Key Financials The firm reported consolidated net sales of Rs 3667.88 crore for the quarter ended 30-Sep-2023, up 4.26 per cent from the previous quarter's Rs 3518.02 crore and up 6.88 per cent from the year-ago quarter's Rs 3431.79 crore.
