Share price of Godrej Consumer  rises  as Nifty  strengthens

A total of 31,672 shares changed hands on the counter till 10:10AM (IST).

Shares of gained 4.48 per cent to Rs 1263.55 in Monday's trade as of 10:10AM (IST).

The stock hit a high price of Rs 1277.05 and low of Rs 1225.0 during the session.

The return on equity (ROE) for the stock stood at 12.34 per cent. Traded volume on the counter stood at 10:10AM shares and turnover at Rs 3.98 crore around that time.

The stock of quoted a 52-week high and 52-week low prices of Rs 1299.9 and Rs 896.85, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.96.

Promotor/FII Holding
Promoters held 63.21 per cent stake in the company as of 31-Dec-2023, while overseas investors held 22.94 per cent and domestic institutional investors had 8.38 per cent.

Key Financials
The company reported consolidated sales of Rs 3729.72 crore for the quarter ended 31-Dec-2023, up 1.69 per cent from previous quarter's Rs 3667.88 crore and up 2.41 per cent from the year-ago quarter's Rs 3642.07 crore.

Net profit after tax for the latest quarter stood at Rs 581.06 crore, up 6.36 per cent from the same quarter a year ago.

Source: Stocks-Markets-Economic Times

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