Godrej Industries jumps after strong Q2 earnings

Godrej Industries surged 8.51% to Rs 501.30 at 14:41 IST on BSE after consolidated net profit advanced 58.82% to Rs 189.54 crore on 18.18% rise in total income to Rs 2881.98 crore in Q2 September 2018 over Q2 September 2017.

The result was announced after market hours yesterday, 12 November 2018.

Meanwhile, the S&P BSE Sensex was up 233.34 points, or 0.67% to 35,046.33

On the BSE, 2.50 lakh shares were traded in the counter so far, compared with average daily volumes of 20,000 shares in the past two weeks. The stock had hit a high of Rs 504.65 and a low of Rs 463.25 so far during the day.

 

Godrej Industries is a conglomerate with a significant presence in home and personal care, animal feeds, dairy and agri-products, poultry, oil palm plantation, real estate development, Oleo-chemicals and vegetable oils, both directly and through subsidiaries/associate companies.

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