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Godrej Consumer Products declines after bulk deal

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Godrej Consumer Products fell 1.51% to Rs 1,341 at 10:31 IST on BSE after a bulk deal of 3.50 lakh shares was executed on the scrip at Rs 1,364.65 per share in opening bell on BSE today, 4 May 2016.

Meanwhile, the S&P BSE Sensex was down 92.46 points or 0.37% at 25,137.24

On BSE, so far 3.54 lakh shares were traded in the counter as against average daily volume of 33,336 shares in the past one quarter. The stock hit a high of Rs 1,369.25 and a low of Rs 1,334 so far during the day. The stock had hit a record high of Rs 1,456.65 on 3 August 2015. The stock had hit a 52-week low of Rs 1,024 on 4 May 2015. The stock had underperformed the market over the past one month till 3 May 2016, falling 1.94% compared with the Sensex's 0.16% fall. The scrip, however, outperformed the market in past one quarter, rising 10.35% as against Sensex's 4.15% gains.

 

The large-cap company has equity capital of Rs 34.05 crore. Face value per share is Re 1.

Godrej Consumer Products' consolidated net profit rose 16.8% to Rs 310.07 crore on 8.4% rise in total income to Rs 2289.05 crore in Q4 March 2016 over Q4 March 2015.

Godrej Consumer Products is the largest home-grown home and personal care company in India.

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First Published: May 04 2016 | 10:38 AM IST

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