Godrej Consumer Products Ltd., a leading company in the consumer products industry, witnessed positive trading on the Bombay Stock Exchange (BSE) at 01:06 PM (IST) on Monday. The company’s shares were valued at Rs 1011.05, reflecting a 0.16% increase from the previous day’s closing price.
Notably, Godrej Consumer Products’ stock had a 52-week low of Rs 708.6 and a high of Rs 1025.0. At the start of the trading day, the stock experienced a gap down opening. By 01:06 PM (IST), a substantial volume of 5,735 lakh shares had been exchanged on the counter.
The market value of Godrej Consumer Products Ltd. stood at Rs 103,604.15 crore, as reported by BSE. The stock was trading at a price-to-earnings (P/E) multiple of 60.86, and its price-to-book value ratio was 7.18. According to exchange data, the company’s return on equity (ROE) was recorded at 12.34%.
Within the BSE500 pack, 292 stocks were trading in the green, indicating positive performance, while 209 stocks were in the red, representing a decline in value.
Please note that the information provided is based on the given details and is subject to change as market conditions fluctuate.
Promoter/FII Holding
As of March 31, 2023, the promoters of Godrej Consumer Products Ltd. held a 63.21 percent stake, while foreign portfolio investors and domestic institutional investors held 23.72 percent and 3.88 percent, respectively.
Moving averages
On May 22, the stock’s 200-day moving average (200-DMA) was recorded at 906.26, while the 50-day moving average (50-DMA) stood at 959.07. When a stock trades below both the 50-DMA and 200-DMA, it typically indicates an upward immediate trend. Conversely, if the stock trades below the 50-DMA and 200-DMA, it is generally seen as a bearish trend. When the stock trades between the 50-DMA and 200-DMA, it suggests that the stock’s direction can go either way.
