Godfrey Phillips India Ltd slips for fifth straight session

Godfrey Phillips India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1658.2, down 0.65% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 22650.05. The Sensex is at 73281.69, up 0.22%.Godfrey Phillips India Ltd has lost around 14.15% in last one month.Meanwhile, Nifty FMCG index of which Godfrey Phillips India Ltd is a constituent, has eased around 5.78% in last one month and is currently quoting at 42680.7, down 0.08% on the day. The volume in the stock stood at 2.09 lakh shares today, compared to the daily average of 1.88 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1666.2, up 0.02% on the day. Godfrey Phillips India Ltd tumbled 47.62% in last one year as compared to a 12.77% slide in NIFTY and a 24.42% fall in the Nifty FMCG index.

The PE of the stock is 19.75 based on TTM earnings ending June 26.

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