Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 85004.40 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 2747.31 Crore, down -10.52 % from last quarter Total Income of Rs 3070.45 Crore and up 24.71 % from last year same quarter Total Income of Rs 2202.96 Crore. Company reported net profit after tax of Rs 365.80 Crore in latest quarter.
Investment Rationale
The stock has resumed its uptrend after breaking out of a bullish Flag pattern. Further, the breakout was backed by good volumes, confirming the bullishness dominant in the stock. RSI is also favouring the bulls currently.
Promoter/FII Holdings
Promoters held 63.2 per cent stake in the company as of Dec 30, 2020, while FIIs held 26.8 per cent, DIIs 3.1 per cent and public and others 6.9 per cent.
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