Godrej Industries is currently trading at Rs. 346.35, up by 3.60 points or 1.05 % from its previous closing of Rs. 342.75 on the BSE.
The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 347.75 and Rs. 342.55 respectively. So far 30414 shares were traded on the counter.
The BSE group 'A ' stock of face value Re. 1 has touched a 52 week high of Rs. 372.45 on 07-Jul-2014 and a 52 week low of Rs. 218.50 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 344.90 and Rs. 324.05 respectively. The current market cap of the company is Rs. 11623.52 crore.
The promoters holding in the company stood at 74.89% while Institutions and Non-Institutions held 15.28% and 9.82% respectively.
Godrej Appliances, consumer durables arm of Godrej Industries, is eying 30% rise in its national sales in FY15 as growth witnessed in the appliances industry across all segments and product categories. With the improvement in business, the company has set a sales target of Rs 2,700 crore against the Rs 2,200 crore garnered in the last fiscal.
The company has started the first quarter in the current fiscal on a very positive note, as the summer season across the country has been extremely well for the cooling categories of refrigerators and air conditioners. Meanwhile, Godrej Appliances has grown at 30% which is double the industry at 15% with air conditioner category showing a brilliant growth at 60% this season.
Further, the company unveiled its star products for the first time in Kerala market which included Godrej Edge Digi, the hybrid refrigerator, Edge ZX range of refrigerators and semi automatic washing machines.
Godrej Industries is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo-chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care etc., through its subsidiaries, associate companies and joint venture.
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