Godrej Consumer shares drop 0.48% as Sensex falls

Shares of Godrej Consumer Products Ltd. traded 0.48 per cent down at Rs 988.65 at 01:39PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 718.61 points to 66878.23. The scrip had closed at Rs 993.45 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 1101.55 and Rs 793.7, respectively.

As per BSE data, total traded volume on the counter till 01:39PM (IST) stood at 01:39PM shares with turnover at Rs 150.0 crore.

At the current price, shares of the company trades at 60.37 times its trailing 12-month earnings per share of Rs 16.39 per share and 7.18 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.96.

Shareholding Details
Promoters held 63.21 per cent stake in the company as of 30-Jun-2023, while FIIs owned 23.53 per cent and DIIs 7.37 per cent.