Wednesday 18 June 2014

Godrej Consumer Products gains on rolling out personal care products

Godrej Consumer Products is currently trading at Rs. 818.75, up by 5.20 points or 0.64% from its previous closing of Rs. 813.55 on the BSE.
The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 821.80 and Rs. 805.40 respectively. So far 2294 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 977.40 on 18-Jul-2013 and a 52 week low of Rs. 672.00 on 27-Jan-2014.
Last one week high and low of the scrip stood at Rs. 903.30 and Rs. 808.80 respectively. The current market cap of the company is Rs. 27876.98 crore.
The promoters holding in the company stood at 63.31% while Institutions and Non-Institutions held 30.18% and 6.51% respectively.
Godrej Consumer Products (GCPL) has rolled out new personal care products under its brand ‘Protek’, which includes three hand-washes, a hand sanitiser and a skin spray mosquito repellant.  With Protekt, the company plans to grab a 10% pie in the segment in the next 3-4 years. The company plans to line up more products in the category as it sees enormous potential in the next 3-4 years.
Godrej Consumer Products is a leader among India's Fast Moving Consumer Goods companies, with leading Household and Personal Care Products. Its brands include Good Knight, Cinthol, Godrej No. 1, Expert, Hit, Jet, Fairglow, Ezee, Protekt and Snuggy, among others, which are household names across the country.

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