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mittar_b's review
Investment Sector: Emerging Markets Submitted by Mittar_b
, Project Manager
at Softprodigy
about 1 month ago Add Tag |
Incorporated in 1897, Godrej Group is one of the country’s most remarkable industrial corporations. There are so many companies operating under Godrej Group ranging from locks & safes to typewriters & word processors, refrigerators & furniture to machine tools & process equipment , from engineering workstations to cosmetics & detergents and from edible oils & chemicals to agro products. Godrej group has many companies under it like “Godrej & Boyce“ for consumer and industrial products, “Geometric Limited” for Global Engineering & Manufacturing Strategies.Here, I am going to highlight the market review of Godrej Industries and Godrej Consumer Products Ltd.
Godrej Industries Ltd ,basically engaged in manufacturing of soaps, fatty acids, detergents, alpha olefin, cosmetics glycerin, Vegoils and household pesticide.Company is also involved in the animal feed for cattle, poultry and aquatic animals. Estate division of the company includes developing commercial and residential property. Company has two manufacturing capacities, one at Gujarat and other in Mumbai. It's Products are not only sold in domestic market but also in international market. Company didn’t show good result in the year from August 2007. Share price of the company in August 2007 started at Rs 193.50 and then it declined in the next two months but regained the state at Rs 208.15 in November 2007. A tremendous hike was shown in January 2008 with Rs 423.65 but it dipped in the consecutive months. In June 2008 share price stood at Rs 254.45. Today, it is showing the noteworthy results in the stock market. Company starts the day with Share price of the Rs 156.95, hits an intraday high of Rs 183.50 and low of Rs 160.00 . Share price of the company at the end of the day closed at Rs 177.90.

Godrej Agrovet Ltd. is a subsidiary of Godrej Industries Ltd. It also moved its poultry business to Godrej Foods ltd.
Godrej Consumer Products Ltd is a leader in the manufacturing of personal and household products. It is engaged in the products soaps, hair color, shaving cream and gel, talcum powder etc... In April 2008, it acquired 100% stake in Kinky Group (Proprietary) Limited. Its share price didn’t go very high like Godrej Industries in the last year but it had shown stable results in the market. It had share price of Rs 135.60 in August 2007 and rose for the successive two months. But the value dipped in November 2007 to Rs 122.90. In January 2008, market went up and reached to Rs 140.35 and then again its value varies from Rs 134.75 in March 2008 to Rs 130.65 in June 2008. Today the company has not shown very good results in the stock market. It started the day with Rs 122.95 , hits an intraday high of Rs 129.80 and low of Rs 124.05. Share price of the company at the end of the day closed at Rs 124.60.
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