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Godrej Consumer Products gains on hiking 5% stake in two companies

Godrej Consumer Products is currently trading at Rs. 662.00, up by 6.35 points or 0.97% from its previous closing of Rs. 655.65 on the BSE.

The scrip opened at Rs. 663.00 and has touched a high and low of Rs. 663.00 and Rs. 656.00 respectively.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 848.30 on 19-Dec-2018 and a 52 week low of Rs. 577.00 on 04-Sep-2019.

Last one week high and low of the scrip stood at Rs. 667.50 and Rs. 620.00 respectively. The current market cap of the company is Rs. 67027.78 crore.

The promoters holding in the company stood at 63.25%, while Institutions and Non-Institutions held 30.14% and 6.61% respectively.

Godrej Consumer Products (GCPL) through its subsidiary has increased its stake from 90% to 95% in Godrej West Africa Holdings, Mauritius and Darling Trading Company, Mauritius. The company has acquired stake for $13.80 million in Godrej West Africa Holdings and $7 million for acquisition of additional stake in Darling Trading Company.

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

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Godrej Consumer Products gains on hiking 5% stake in two companies

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