Share price of Godrej Consumer falls as Sensex gains 401.39 points

Share price of Godrej Consumer Products Ltd. dropped 0.02 per cent to Rs 1049.5 at 01:48PM (IST) in Monday's trade. The counter hit a high of Rs 1056.7 and low of Rs 1044.0 so far during the session. The stock had closed at Rs 1049.75 in the previous session.

The counter had a total traded volume of 01:48PM shares so far with a turnover of Rs 0.66 crore on BSE. The stock traded at a price-to-earnings multiple of 63.07 and a price-to-book ratio of 7.18.

A higher P/E ratio shows 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 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.

Promotor/FII Holding
Promoters held 63.21 per cent stake in the company as of 31-Mar-2023, while foreign investors and domestic institutional investors ownership stood at 23.72 per cent and 7.11 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 3258.07 crore for the quarter ended 31-Mar-2023, down 10.54 per cent from the previous quarter's Rs 3642.07 crore and down 10.83 per cent from the year-ago quarter's Rs 2939.58 crore.

Its profit for the latest quarter stood at Rs 452.14 crore, up 24.47 per cent from the same quarter a year ago.