GODREJ CONSUMER at All Time High; BSE FMCG Index Up 0.8%

GODREJ CONSUMER share price has hit an all-time high at Rs 1,180 (up 3.50%).

Meanwhile, the BSE FMCG Index is at 11,354 (up 0.77%).

Among the top gainers in the BSE FMCG Index today are GODREJ CONSUMER (up 3.50%) and P&G HYGIENE (up 1.53%)

DABUR (down 0.04%) and EVEREADY IND. (down 0.06%) are among the top losers today.

Over the last one year, GODREJ CONSUMER has moved up from Rs 943 to Rs 1,180, registering a gain of Rs 236 (up 25.04%).

The BSE FMCG has moved up from 10,109 to 11,354, registering a gain of 1,245 points (up 12.10%) during the last 12 months.

The top gainers among the BSE FMCG Index stocks during this same period were RADICO KHAITAN (up 221.65%), VENKYS (I) LIMITED (up 77.52%) and TATA GLOBAL BEV. (up 75.65%).

What About the Benchmark Indices?

The BSE Sensex is at 35,726 (up 0.48%). The top gainers among the BSE Sensex stocks today are DR. REDDYS LAB (up 4.93%), SBI (up 2.21%) and INDUSIND BANK (up 1.98%). Other gainers include HIND. UNILEVER (up 1.91%) and TCS (up 1.87%). The most traded stocks in the BSE Sensex are ADANI PORTS & SEZ and SBI.

In the meantime, NSE Nifty is at 10,856 (up 0.43%). The top gainers in the NSE Nifty include LUPIN LTD (up 4.82%), INDUSIND BANK (up 2.14%) and SBI (up 2.01%). Other gainers include HIND. UNILEVER (up 1.90%) and TCS (up 1.79%).

Over the last 12 months, the BSE Sensex has moved up from 31,096 to 35,726, registering a gain of 4,630 points (up 14.66%).

GODREJ CONSUMER Financial Update...

GODREJ CONSUMER net profit grew 43.5% YoY to Rs 6 billion for the quarter ended March 2018, compared to a profit of Rs 4 billion a year ago. Net Sales rose 96.1% to Rs 25.3 billion during the period as against Rs 26.3 billion in January-March 2017.

For the year ended March 2017, GODREJ CONSUMER reported 12.3% increase in net profit to Rs 13.1 billion compared to net profit of Rs 11.6 billion during FY16.

Revenue of the company grew 1.6% to Rs 86 billion during FY17.

The current Price to earnings ratio of GODREJ CONSUMER, based on rolling 12 month earnings, stands at 24.4x.

This article was originally published in English at www.equitymaster.com

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