Godrej Consumer Products rose 2.86% to Rs 928.95 at 15:14 IST on BSE on bargain hunting after the stock fell 5.40% in the preceding two trading sessions to Rs 903.10 on 25 August 2014, from a recent high of Rs 954.70 on 21 August 2014.
Meanwhile, the BSE Sensex was almost flat at 26,438.73.
On BSE, so far 7,216 shares were traded in the counter, compared with an average volume of 18,730 shares in the past one quarter.
The stock hit a high of Rs 960.15 and a low of Rs 897.45 so far during the day. The stock hit a 52-week high of Rs 976.80 on 22 August 2014. The stock hit a 52-week low of Rs 672 on 27 January 2014.
The stock had outperformed the market over the past one month till 25 August 2014, rose 5.62% compared with 1.19% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 13.65% as against Sensex's 7.06% rise.
The large-cap company has an equity capital of Rs 34.04 crore. Face value per share is Re 1.
On a consolidated basis, Godrej Consumer Products' net profit rose 8.1% to Rs 143.45 crore on 9.5% increase in net sales to Rs 1886.26 crore in Q1 June 2014 over Q1 June 2013.
Godrej Consumer Products is a major player in the Indian FMCG market, with leading household and personal care products. It is one of the largest marketeers of toilet soaps in the country and is also a leader in hair colours and household insecticides. It has a strong emerging presence in markets outside India.
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