Godrej Consumer shares down 0.86% as Nifty drops

NEW DELHI: Shares of Godrej Consumer Products Ltd. traded 0.86 per cent down in Friday's trade at 01:53PM (IST). Around 4,752 shares changed hands on the counter.

The stock opened at Rs 886.1 and touched an intraday high and low of Rs 892.0 and Rs 876.55, respectively, in the session so far. The stock of Godrej Consumer Products Ltd. quoted a 52-week high of Rs 975.4 and a 52-week low of Rs 660.2.

Total market cap of the Godrej Consumer Products Ltd. stood at Rs 89787.35 crore at the time of writing this report.

Key Financials
The company reported consolidated sales of Rs 3431.79 crore for the quarter ended 30-Sep-2022, up 8.86 per cent from previous quarter's Rs 3152.49 crore and up 7.7 per cent from the year-ago quarter's Rs 3186.29 crore.

The net profit for latest quarter stood at Rs 358.86 crore, down 25.06 per cent from the corresponding quarter last year.

Shareholding pattern
As of 30-Sep-2022, domestic institutional investors held 3.75 per cent stake in the company, while foreign institutional investors held 24.03 per cent and the promoters 63.22 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 56.3 and a price-to-book ratio of 6.61. 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.