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    Share price of Godrej Consumer falls as Nifty weakens

    Synopsis

    A total of 5,105 shares changed hands on the counter till 12:12PM (IST).

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
    Shares of Godrej Consumer Products Ltd. slipped 1.61 per cent to Rs 891.3 in Tuesday's trade as of 12:12PM (IST).

    The stock hit a high price of Rs 904.55 and low of Rs 889.5 during the session.

    The return on equity (ROE) for the stock stood at 15.43 per cent. Traded volume on the counter stood at 12:12PM shares and turnover at Rs 0.46 crore around that time.

    The stock of Godrej Consumer Products Ltd. quoted a 52-week high and 52-week low prices of Rs 976.0 and Rs 660.2, 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 63.22 per cent stake in the company as of 30-Sep-2022, while overseas investors held 24.03 per cent and domestic institutional investors had 6.46 per cent.

    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.

    Net profit after tax for the latest quarter stood at Rs 358.86 crore, down 25.06 per cent from the same quarter a year ago.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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