Godrej family splits: How to trade listed top Godrej stocks on BSE, NSE?

Technical outlook on Godrej group listed stocks: Shares of Godrej family have delivered mind-boggling returns of up to 73 fold in the past years. Here's what to expect in the near term.

The Godrej family on Tuesday, announced an amicable split of Godrej businesses of the 127-year old conglomerate into two business groups - namely Godrej Industries Group and Godrej Enterprises Group with Adi Godrej family controlling the former group with all listed entities, while Jamshyd to own the latter with Godrej & Boyce and the land bank.

The two families have also announced a clear succession plan, with transfer of baton to the next generation leaders. As per the plan announced, 43-year-old Pirojsha Godrej, son of patriarch Adi Godrej, is set to take over as chairman of the Godrej Industries