Godrej Industries

Godrej Industries Q1 net up 46% at about Rs 78 crore

Godrej-IndustriesNew Delhi: Godrej Industries today posted 45.91 percent growth in consolidated net profit at Rs 77.70 crore for the first quarter ended June 30, 2014-15.

It had reported net profit of Rs 53.25 crore in the April- June period of the 2013-14 fiscal, Godrej Industries said in a BSE filing.

Net sales of the company stood at Rs 2,290.88 crore in Q1, 2014-15, up 23.67 percent as compared to Rs 1,852.4 crore in the same period last fiscal.

Prices of cosmetics, soaps and detergents may increase, expert

Prices of cosmetics, soaps and detergents may increase, expertIt is believe that the prices of products such as cosmetics, soaps and detergents will increase in the Indian market due to the effects of the weakening rupee.

Satish Wagh, chairman, Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council said that the prices of these products will increase due to higher cost of raw materials due to a weaker rupee. He said that the imports have become more expensive for traders in the country.

Buy Godrej Industries With Target Of Rs 195

Buy Godrej Industries With Target Of Rs 195Technical analyst Sudarshan Sukhani has maintained 'buy' rating on Godrej Industries Limited stock with a target of Rs 195.

According to analyst, the investors can buy the stock with trailing stop loss of Rs 180.

The stock of the company, on April 27, closed at Rs 188.60 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 247.70 and a low of Rs 144.70 on BSE.

Current EPS is -0.16.

Godrej Ind Short Term Buy Call

Godrej Ind Short Term Buy CallStock market analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Godrej Industries Limited stock with a short-term target of Rs 245.

The stock can be bought with stop loss of Rs 223.

Today, the stock of the company opened at Rs 234 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 247.70 and a low of Rs 141.20 on BSE.

Current EPS is -0.41.

Godrej Industries recorded an increase of 12.53% in its consolidated net profit, which stood at Rs 75.03 crore for the three month period ended September 30, 2010.

Godrej Ind. to invest Rs.230 crore in new facility

Adi GodrejGodrej Industries, the conglomerate said that it is going to invest Rs. 230 crore in setting up a new manufacturing facility in state of Maharashtra. The time period is going to be three years.

This unit will be a manufacturing unit and will be producing oleochemicals. These are a kind of organic fats that are derived from plants and animals and are used as a raw material for detergents and other personal care products.

India best bet for investors in 2010, says Adi Godrej

Adi-GodrejWashington, Jan 5 : Indian billionaire Adi Godrej considers India "as the best emerging economy for investors" as he expects the "Indian stock market to appreciate by about 20 percent within the next two years".

"India will be back to its earlier growth rate of 9 percent plus in 2010," said Godrej, one of the 10 of the world's wealthiest persons chosen by Forbes magazine to share his 'Billionaire Predictions 2010'.

Godrej Industries’ Q2 net profit goes up by 244%

Godrej Industries’ Q2 net profit goes up by 244%Godrej Industries, a subsidiary of Godrej & Boyce Mfg. Co. Limited, has registered a consolidated net profit of Rs 66.67 crore for the second quarter ended September 30, up 244 per cent, compared to net profit of Rs 19.4 crore in the same period last year.

However, the company witnessed a decline of 7 per cent in its total income, which dropped to Rs 896.17 crore in the quarter ended September 30, against total income of Rs 965.27 crore in the same period last year.

Godrej Ind Intraday Buy Call

Godrej Ind Intraday Buy CallStock market analysts have maintained ‘buy’ rating on Godrej Industries with an intraday target above Rs 220.

According to them, interested traders can purchase the stock above Rs 216 with a strict stop loss of Rs 212.

Shares of the company, on Monday (Oct 12), closed at Rs 208.60 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 0.08 and 2626.25 respectively. The share price has seen a 52-week high of Rs 215.50 and a low of Rs 46.25 on BSE.




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