Godrej Consumer shares down 1.91% as Nifty falls

Shares of Godrej Consumer Products Ltd. rose 1.91 per cent to Rs 877.75 in Wednesday's trade. It hit an intraday high of Rs 900.0 and low of Rs 874.2, respectively, during the day.

The stock quoted a 52-week high price of Rs 976.0 and low of Rs 660.2.

As of 01:55PM (IST), the counter saw total traded volume of 22,595 shares with a traded value of Rs 1.99 crore, according to NSE.

The stock had closed at Rs 894.85 in the previous session.

The scrip has advanced 4.59 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -0.76 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 56.3 while price-to-book ratio stood at 6.61. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Personal Care industry.

Promoter/FII Holding
Promoters held 63.22 per cent stake in the company as of 30-Sep-2022, while FII and MF ownership in the firm stood at 24.03 per cent and 3.78 per cent, respectively.

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 the previous quarter's Rs 3152.49 crore and up 7.7 per cent from the year-ago quarter's Rs 3186.29 crore. Its net profit for the latest quarter stood at Rs 358.86 crore, down 25.06 per cent from the same quarter a year ago.