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05 August, 2020 01:37 IST
Godrej Consumer Products surges after strong Q4 results
Source: IRIS | 09 May, 2017, 12.29PM
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Godrej Consumer Products (GCPL), one of the leading FMCG companies, witnessed a rise in share price on Tuesday after the company disclosed a sharp rise in consolidated net profit for the quarter ended March 2017. During the quarter, the profit of the company rose 3.12 times to Rs 3,899.10 million from Rs 1,248.40 million in the same quarter last year.

Revenues for the quarter rose 12.78% to Rs 24,895 million, compared with Rs 22,074 million for the prior year period.

Shares of Godrej Consumer (Q,N,C,F)* Products are trading at Rs 1,870.00, up Rs 111.95, or 6.37% at the Bombay Stock Exchange (BSE) on Tuesday at 12:15 p.m.

The scrip has touched an intra-day high of Rs 1,886.40 and low of Rs 1,761.55. The total volume of shares traded at the BSE is 51,934.

Total volume of shares traded on the bourses today was higher by 244.01% to 602,872 compared with 22-day average volume of 175,250.

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