Procter & Gamble is currently trading at Rs. 1930.00, up by 9.15 points or 0.48% from its previous closing of Rs. 1920.85 on the BSE.
The scrip opened at Rs. 1920.85 and has touched a high and low of Rs. 1936.95 and Rs. 1896.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2172.50 on 4-Nov-2011 and a 52 week low of Rs. 1460.00 on 11-Feb-2011.
Last one week high and low of the scrip stood at Rs. 2120.00 and Rs. 1896.00 respectively. The current market cap of the company is Rs. 6264 crore.
The promoters holding in the company stood at 70.64% while Institutions and Non-Institutions held 12.53% and 16.83% respectively.
Procter & Gamble is planning to manufacture products locally for the Indian market. Currently, it is using its decade-old strategy of importing a substantial proportion of goods, as the world's largest consumer goods maker seeks to emulate the cost structure of Hindustan Unilever (HUL). At present, a substantial chunk of its goods including skincare brand Olay and baby diaper brand Pampers are imported into the Indian market, which is an expensive proposition.
This decision will help the firm to manufacture products at low cost that could translate into affordable products from the company, which has so far focused primarily on premium and mass premium products.
Globally, Procter & Gamble owns brands like Duracell, Olay, Tide, Gillette, Braun, Pringles, Lacoste, Puma, Oral-B, HUGO, Mr Clean, Cover Girl, Pantene, Pampers, Old spice are amongst others. Currently P&G Hygiene and Health has portfolio of brands such as Vicks and Whisper.
Company Name | CMP |
---|---|
Hindustan Unilever | 2334.95 |
Godrej Consumer Prod | 1070.45 |
Dabur India | 501.90 |
Colgate Palmol. (I) | 2750.95 |
P&G Hygiene | 15115.45 |
View more.. |