Godrej Consumer shares snap 3-day gain; fall 4.5% post Q1
Post Q1, most brokerages retained ‘Buy’ calls on Godrej Consumer Products, giving the target price in the range of ₹1,580-1,715 per share.
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Godrej Consumer profit surges 41% despite revenue dip
GCPL also declared an interim dividend of ₹5 per share of Re 1 face value for this financial year, with the record date set at August 16.
Godrej Consumer shares jump 8% to record high post Q4
Shares of the Good Night and Hit mosquito repellent maker touched an all-time high of ₹1,349.65 on the BSE
Godrej group stocks rise up to 9% post conglomerate's split
Out of five listed entities, Godrej Consumer, Godrej Agrovet and ASTEC were trading higher, while Godrej Properties and Godrej Industries slipped in red.
Godrej Split: Removal of cross-holdings, joint development of Vikhroli land on cards
The Godrej empire is run by two splinter families, led by cousins Adi Godrej and Jamshyd Godrej.
Godrej Consumer Products stock surges 3% post Q4 results
The FMCG firm reported a 24.5% YoY rise in consolidated net profit at ₹452 crore in Q4FY23, while revenue from operations rose 9.8% to ₹3,200 crore.
Raymond shares dip 7% after selling FMCG biz to Godrej Consumer Products
The cash deal is expected to be completed by May 10, 2023. The Singhania family-backed Raymond group had been looking to divest its consumer care business for over two years.
Godrej Consumer Products buys Raymond’s FMCG biz for ₹2,825 cr
The cash deal is to be completed by May 10, 2023; GCPL CEO says RCCL products have the potential to deliver "double-digit multi-decade growth"
Godrej Consumer in talks to acquire Raymond's consumer care biz; stock down 3%
Earlier this month, Godrej Consumer announced an investment of ₹100 crore in Early Spring, a new early-stage fund being set up by Spring Marketing Capital.
Adi Godrej: Humility Redefined
Godrej Group patriarch weighs intangible values of the group higher than tangible assets such as land.
