Share price of Godrej Properties rises as Nifty weakens

Share price of Godrej Properties rises as Nifty weakens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 12,280 shares changed hands on the counter till 11:31AM (IST).

Reuters
On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
Shares of . gained 0.31 per cent to Rs 1330.45 in Friday's trade as of 11:31AM (IST).

The stock hit a high price of Rs 1342.8 and low of Rs 1319.55 during the session.

The return on equity (ROE) for the stock stood at 4.06 per cent. Traded volume on the counter stood at 11:31AM shares and turnover at Rs 1.63 crore around that time.

The stock of Godrej Properties Ltd. quoted a 52-week high and 52-week low prices of Rs 2124.45 and Rs 1130.2, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.27.

Promotor/FII Holding
Promoters held 58.48 per cent stake in the company as of 30-Sep-2022, while foreign investors held 29.94 per cent and domestic institutional investors had 4.54 per cent.

Key Financials
The company reported consolidated sales of Rs 369.2 crore for the quarter ended 30-Sep-2022, down 13.41 per cent from previous quarter's Rs 426.4 crore and down 10.47 per cent from the year-ago quarter's Rs 334.22 crore.

Net profit after tax for the latest quarter stood at Rs 54.96 crore, up 53.86 per cent from the same quarter a year ago.
Experience Your Economic Times Newspaper, The Digital Way!

Read More News on

(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.

...more
Pick the best stocks for yourself
Powered by
Read before you invest. Insights on Godrej Properties Ltd.. Explore Now