Godrej Consumer Share Price: Shares of Godrej Consumer Products surged 8% to its fresh all-time high of Rs 1,349.65 on BSE in Tuesday s early trade even after reporting a consolidated net loss of Rs 1,893 crore for the quarter ended March 31, 2024.
Godrej Consumer Products news: Godrej Consumer Products, along with a wholly-owned subsidiary, inked an agreement to sell its entire stake in wholly-owned subsidiary Godrej East Africa Holdings, Mauritius, to HKG Africa Weave Ltd for $3.5 million (Rs 29.1 crore at $1 = Rs 83). Get more Stocks News and Business News on Zee Business.
While stating that the demand environment remains similar to that witnessed in Q2, Godrej Consumer Products expects consolidated revenue to decline in low-single digits YoY in INR terms.