Godrej Industries trades jubilantly on the bourses

30 Mar 2012 Evaluate

Godrej Industries is currently trading at Rs. 260.00, up by 10.80 points or 4.33% from its previous closing of Rs. 249.20 on the BSE.

The scrip opened at Rs. 251.05 and has touched a high and low of Rs. 261.50 and Rs. 249.00 respectively. So far 102575 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 268.60 on 14-Mar-2012 and a 52 week low of Rs. 168.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 261.50 and Rs. 241.25 respectively. The current market cap of the company is Rs. 8266.19 crore.

The promoters holding in the company stood at 79.10% while Institutions and Non-Institutions held 8.36% and 12.55% respectively.

Godrej Industries has received its board’s approval for capital expenditure of about Rs 265 crore plus applicable costs including stamp duty, registration charges and other charges towards acquiring a corporate office at ‘Godrej One’, Vikhroli. Godrej One is the first phase of the Joint development project ‘The Trees’ between the company and Godrej Properties, a subsidiary of the company.

Further, the company’s board has authorized the management committee and certain directors and officers of the company to negotiate and finalize deal(s), execute document(s), take necessary permission(s) / approval(s), raise finance and carry out all such actions as may be necessary in this regard.

The Group’s net profit for December quarter of FY12 jumped by 39.22% at Rs 84.73 crore whereas the same was at Rs 60.86 crore for December quarter of FY11. The Group’s total income registered growth of 41.28% at Rs 1,487.53 crore for the quarter ended December 31, 2011 whereas the same was at Rs 1,052.86 crore for the quarter ended December 31, 2010.

Godrej Industries Share Price

1027.80 26.95 (2.69%)
22-Nov-2024 16:59 View Price Chart
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