Godrej Consumer shares 1.02% as Nifty gains
Synopsis
A total of 17,021 shares changed hands on the counter till 12:52PM (IST).
Total market cap of the Godrej Consumer Products Ltd. stood at Rs 109243.18 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 3752.3200 crore for the quarter ended 30-Sep-2024, 10.08 per cent from previous quarter's Rs 3408.6900 crore and 2.3 per cent from the year-ago quarter's Rs 3667.8800 crore.
The net for latest quarter stood at Rs 491.31 crore, 13.53 per cent from the corresponding quarter last year.
As of 30-Sep-2024, DIIs held 6.15 per cent stake in the company, while foreign institutional investors held 22.03 per cent and the promoters 63 per cent.
Stocks Recommendations
According to BSE data, the stock traded at a P/E multiple of -295.13 and a price-to-book ratio of 10.16. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
(You can now subscribe to our ETMarkets WhatsApp channel)