Page 2 - Godrej Industries

Godrej Industries shares zoom after promoters buy stake worth Rs 3,800 cr

Shares of Godrej Industries soared up to 3.2 per cent at Rs 928 per share on the BSE in Tuesday's early morning deals

Adi-Nadir family acquires 13% in Godrej Industries for Rs 3.8k crore

Godrej Industries shares closed at Rs 899 a share on Monday

Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop

Godrej Industries shares fell by 7 per cent to Rs 893 a share, while Godrej property's share fell by 4.4 percent to Rs 2,532 a share

Transfer of baton: New-gen leaders to take the reins as Godrej group splits

Each family may sell the shares it holds personally and/or via trusts to the other family in tax-neutral transactions

Biz split impact: Godrej stocks rally up to 9%; Godrej Properties down 4%

Shares of Godrej Group companies rallied up to 9 per cent in Thursday's trading session after the Group announced a split in the 127-year old family business.

Godrej family splits: How to trade listed top Godrej stocks on BSE, NSE?

Technical outlook on Godrej group listed stocks: Shares of Godrej family have delivered mind-boggling returns of up to 73 fold in the past years. Here's what to expect in the near term.

Godrej Industries to be main holding company for Adi-Nadir Godrej family

Godrej Industries holds 64.9 per cent stake in Godrej Agrovet, and 23.7 per cent stake in Godrej Consumer Products, and 47.3 per cent stake in Godrej Properties

Godrej family amicably splits 127-year-old conglomerate into two groups

Adi Godrej family gets control of listed entities while cousin Jamshyd to own Godrej & Boyce and land bank

Godrej family splits group; divides businesses, assets between Adi, Jamshyd

In the statement, the Godrej family termed the split as 'an ownership realignment' of the shareholdings in the Godrej companies

Godrej Properties buys 3 acres in Hyderabad for Rs 1,300 cr housing project

Realty firm Godrej Properties Ltd on Thursday said it has bought around 3-acre land in Hyderabad to develop a housing project with an estimated revenue potential of Rs 1,300 crore. Last month, Godrej Properties forayed into the Hyderabad property market by purchasing 12.5-acre land for Rs 350 crore to develop a housing project having Rs 3,500 crore revenue potential. In a regulatory filing, the company said this is the second land acquisition in Hyderabad. The total development potential on this land is around 1.2 million (12 lakh) square feet of saleable area comprising primarily premium residential apartments. The company expects to generate revenue worth Rs 1,300 crore from this upcoming new project. Godrej Properties did not name the seller and also the deal value of this new land acquisition. Godrej Properties said that this strategic acquisition is in line with its strategy of developing high-quality residential projects across India's leading real estate markets. The land

AI can help mfg, healthcare, other sectors scale new heights: Nadir Godrej

Business leader Nadir Godrej on Sunday said manufacturing, healthcare and other sectors in India can scale newer heights with the right use of artificial intelligence. Here to attend the World Economic Forum Annual Meeting, Godrej also said India can achieve its net-zero goals ahead of the deadline as the country is moving in the right direction on climate related matters. Speaking to PTI, he said AI has great potential to help various sectors by optimising processes and it should be seen as a facilitator rather than a disruptor. Godrej is chairman and managing director of business conglomerate Godrej Industries. Climate change, conflicts, geopolitical and geo-economic concerns and opportunities and threats posed by AI are among the key topics to be discussed at the five-day WEF annual meeting beginning here on Monday. Godrej said the meeting should yield several positive outcomes on areas like climate change, global economic concerns and conflict resolution.

Godrej Industries' chemicals division plans Rs 600 cr investment in Gujarat

Godrej Industries Ltd on Friday said its chemicals division plans to invest Rs 600 crore over the next four years in the expansion of its unit at Valia in Gujarat. In a regulatory filing, the company said Godrej Industries Ltd (Chemicals Division) has signed a non-binding Memorandum of Understanding (MoU) with the Gujarat government for the purpose. "As part of the MoU, the company may plan to invest Rs 600 crore over the next four years on the significant expansion in Valia with employment of around 250 (people)," it said. The MoU paves the way for expansion at Valia where Godrej Industries already has a manufacturing facility. The unit located in the Bharuch district of the state produces a wide range of oleochemical products derived from organic material catering to various market segments, including personal care, pharmaceutical and food industries, the company said. "This strategic collaboration underscores our commitment to growth, innovation, and contributing to the economic

Godrej Capital expects Rs 1,500 cr capital to be infused for 2 years: CEO

"The pie is not the same at $3 trillion. It is expected to grow to $5 trillion and maybe $10 trillion in the next decade. It is that market share that the company is competing for," he said

Strategies for Godrej stocks as group likely finalises separation terms

Godrej Agrovet, Godrej Industries, Godrej Properties can potentially rally up to 10% from current levels, while Astec Life and Godrej Consumer Products can fall up to 17%, suggest charts.

Godrej Industries Q4 results: Net profit rises 32% to Rs 300 crore

The company's consolidated revenue from operation rose by 9.1 per cent to Rs 4,852 crore for the March quarter as compared to Rs 4,445 crore in the year-ago period

Godrej Capital launches digital platform to help MSMEs grow businesses

Godrej Capital, the financial services arm of the Godrej Group, on Monday said it has launched a new digital platform Nirmaan to provide support to MSMEs to grow their businesses. Carefully curated, Godrej Capital Nirmaan packs a range of partners that provide services critical to the growth of MSMEs, the company said in a statement. The MSMEs in the country today face challenges like limited access to the market and ability to expand beyond their regional reach; lack of know-how about legal and regulatory compliance requirements; limited access to technology, hiring and retaining a skilled workforce; and limitation of access to credit, it said. The platform aims to solve these challenges and provide services under the categories of Grow the Business, Ease Business Operations and Transformation through upskilling. The company has initially partnered with Amazon Global Selling, Onsurity, Zolvit, and MSMEx to help increase the potential market reach, simplify legal and compliance, ..

India's Godrej Consumer Products estimates double-digit Q4 sales growth

India's Godrej Consumer Products Ltd on Wednesday estimated its sales grew in double digits in the 4th quarter, led by strong domestic demand for its home and personal care products

Godrej Industries plans to raise Rs 1,000 cr via bonds pvt placement basis

Godrej Industries, part of Godrej Group, plans to raise Rs 1,000 crore through an issue of bonds on a private placement basis. "The management committee of the board of directors of the company has on March 10, 2023, inter alia, approved the placement memorandum/ information memorandum for issuance of up to one lakh rated, listed, unsecured, redeemable, NCDs (Non-Convertible Debentures) having face value of Rs one lakh only each, aggregating up to Rs 1,000 crore on private placement basis," said Godrej Industries in a late-night regulatory filing on Friday. The issue has been divided into two tranches of 25,000 NCDs with a face value of Rs 1 lakh each. Each series will have an aggregate nominal value of up to Rs 250 crore with an option to retain over-subscription up to Rs 250 crore aggregating up to Rs 500 crore. Godrej Industries operates in the businesses of Oleochemicals, surfactants, finance & investments and estate management. It has substantial interests in several ...

Brokerages positive on Godrej Consumer on growth recovery, lower costs

Extent of margin gains will depend on extent of ad spends and price cuts

Godrej Yummiez expands vegetarian portfolio; aims for 30% growth in FY23

Godrej Yummiez, a brand of ready-to-cook products from Godrej Tyson Foods (GTFL), expanded its vegetarian portfolio with the launch of Godrej Yummiez Crispy Potato Starz