Share price of Godrej Consumer rises as Nifty weakens

Shares of Godrej Consumer Products Ltd. gained 0.51 per cent to Rs 1035.2 in Friday's trade as of 11:31AM (IST).

The stock hit a high price of Rs 1040.0 and low of Rs 1029.2 during the session.

The return on equity (ROE) for the stock stood at 12.34 per cent. Traded volume on the counter stood at 11:31AM shares and turnover at Rs 4351.0 crore around that time.

The stock of Godrej Consumer Products Ltd. quoted a 52-week high and 52-week low prices of Rs 1101.55 and Rs 793.7, 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 63.21 per cent stake in the company as of 30-Jun-2023, while overseas investors held 23.53 per cent and domestic institutional investors had 7.37 per cent.

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

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