Godrej Consumer declines 1.02% as Sensex slides

Shares of Godrej Consumer Products Ltd. traded at Rs 910.7 on BSE at 01:06PM (IST) on Thursday, down 1.02 per cent from previous close.

The stock quoted a 52-week low price of Rs 660.8 and a high of Rs 955.65.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 2,934 lakh shares changed hands on the counter till 01:06PM (IST).

The stock of Godrej Consumer Products Ltd. commanded a market value of Rs 93014.14 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 57.65, while the price-to-book value ratio stood at 6.61. Return on equity (ROE) was at 15.43 per cent, according to exchange data.

In the BSE500 pack, 209 stocks traded in the green, while 291 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.96.

Promotor/FII Holding
Promoters held 63.21 per cent in Godrej Consumer Products Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 24.04 per cent and 3.83 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 868.38 on March 09, while the 50-DMA was at 920.18. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.