Godrej Consumer Products Ltd rises for third straight session

Godrej Consumer Products Ltd is up for a third straight session today. The stock is quoting at Rs 849.35, up 2.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 23816.5. The Sensex is at 76935.59, up 0.02%. Godrej Consumer Products Ltd has gained around 1.48% in last one month.

Meanwhile, Nifty FMCG index of which Godrej Consumer Products Ltd is a constituent, has gained around 3.29% in last one month and is currently quoting at 45580, up 1.03% on the day. The volume in the stock stood at 12.95 lakh shares today, compared to the daily average of 13.63 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 853.4, up 2.9% on the day. Godrej Consumer Products Ltd is down 25.89% in last one year as compared to a 6.64% slide in NIFTY and a 17.35% slide in the Nifty FMCG index.

The PE of the stock is 54.14 based on TTM earnings ending September 26.

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