Godrej Consumer Products Ltd drops for fifth straight session

14 Aug 2024

Godrej Consumer Products Ltd drops for fifth straight session

Godrej Consumer Products Ltd fell for a fifth straight session today. The stock is quoting at Rs 1375, down 0.97% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.1% on the day, quoting at 24162.8. The Sensex is at 79107.38, up 0.19%.Godrej Consumer Products Ltd has eased around 4.29% in last one month.Meanwhile, Nifty FMCG index of which Godrej Consumer Products Ltd is a constituent, has increased around 2.04% in last one month and is currently quoting at 61495.75, down 0.32% on the day. The volume in the stock stood at 7.17 lakh shares today, compared to the daily average of 11.85 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 1369.65, down 1.2% on the day. Godrej Consumer Products Ltd jumped 32.02% in last one year as compared to a 24.13% rally in NIFTY and a 18.3% spurt in the Nifty FMCG index.

The PE of the stock is 96.02 based on TTM earnings ending June 24.

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