Godrej Consumer Products surged 3.97% to Rs 893 at 12:36 after three block deals aggregating 2.50 lakh shares were executed in the counter on BSE.
A block deal of 1 lakh shares was executed at Rs 882.20 per share at 11:20 IST. Another block deal of 1 lakh shares was executed at Rs 882 per share at 11:20 IST. Third block deal of 50,000 shares was executed at Rs 885 per share at 11:41 IST. The three block deals constitute 0.07% of Godrej Consumer Products' equity.
Meanwhile, the S&P BSE Sensex was up 144.85 points or 0.71% at 20,565.11.
On BSE, 2.61 lakh shares were traded in the counter as against average daily volume of 20,000 shares in the past two weeks.
The stock hit a high of Rs 894 and a low of Rs 862 so far during the day.
Godrej Consumer Products' consolidated net profit surged 24.8% to Rs 209.16 crore on 22.5% growth in net sales to Rs 1957.38 crore in Q2 September 2013 over Q2 September 2012.
Godrej Consumer Products is a major player in the Indian FMCG market, with leading household and personal care products. It is one of the largest marketeers of toilet soaps in the country and is also a leader in hair colours and household insecticides. It has a strong emerging presence in markets outside India.
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