Godrej Consumer Products rebounds 10% from day's low on heavy volumes

The stock was up 4% to Rs 963, bouncing back 10% from its intra-day low of Rs 876 on BSE

Godrej Consumer Products (GCPL) gained 4% to Rs 963, bouncing back 10% from its intra-day low on BSE, on back of heavy volumes.

Till 1:26 pm; a combined 5.24 million shares representing 0.77% of total equity of GCPL changed hands on NSE and BSE. In past two weeks on an average 1.5 million shares were traded daily on both the exchanges.

The stock of personal products company dipped 5% to Rs 876, its lowest level since May 24, 2017, in early morning trade. It fell 19% in past five trading sessions from its record high level of Rs