Share price of Godrej Consumer jumps as Sensex drops 1.01 points
A total of 3,234 shares changed hands on the counter till 10:30AM (IST)
Share price of gained 0.42 per cent to Rs 1217.05 at 10:30AM (IST) in Wednesday's trade. The counter hit a high of Rs 1233.3 and low of Rs 1204.1 so far during the session. The stock had closed at Rs 1211.9 in the previous session.The counter had a total traded volume of 10:30AM shares so far with a turnover of Rs 0.4 crore on . The stock traded at a price-to-earnings multiple of 69.86 and a price-to-book ratio of 7.18.
A higher P/E 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.
belongs to the Personal Care industry.
Promotor/FII Holding
Promoters held 63.21 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 22.94 per cent and 8.38 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 3729.72 crore for the quarter ended 31-Dec-2023, up 1.69 per cent from the previous quarter's Rs 3667.88 crore and up 2.41 per cent from the year-ago quarter's Rs 3642.07 crore.
Its profit 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
