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GODREJ AGROVET Gains 4%; BSE FMCG Index Up 0.0%
Tue, 25 Jun 10:8

GODREJ AGROVET  Gains 4%; BSE FMCG Index Up 0.0%Image source: Sakorn BernardaSv/www.istockphoto.com

GODREJ AGROVET share price has zoomed 4% and is presently trading at Rs 655.0.

Meanwhile, the BSE FMCG index is at 20,467.0 .

Among the top gainers in the BSE FMCG index today are Ruchi Soya Industries (up 6.1%) and Tata Coffee (up 3.6%).

UNITED BREWERIES (down 4.0%) and BOM.BURMAH (down 2.1%) are among the top losers today.

Over the last one year, GODREJ AGROVET has moved up from Rs 453.8 to Rs 655.0, registering a gain of Rs 201.2 (up 44.3%).

On the other hand, the BSE FMCG index has moved up from 18,604.2 to 20,467.0, registering a gain of 10.0% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 155.1%), JYOTHY LABS (up 96.2%) and BOM.BURMAH (up 88.4%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 77,507.7 (up 0.2%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 1.5%) and Axis Bank (up 1.3%). The most traded stocks in the BSE Sensex are ICICI Bank and HDFC Bank.

In the meantime, NSE Nifty is at 23,573.8 (up 0.2%). Ultratech Cement and Axis Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,507.7, registering a gain of 13,984.6 points (up 22.0%).

GODREJ AGROVET Financial Update...

GODREJ AGROVET net profit grew 309.3% YoY to Rs 552 million for the quarter ended March 2024, compared to a profit of Rs 135 million a year ago. Net sales rose 1.9% to Rs 21,343 million during the period as against Rs 20,950 million in January-March 2023.

For the year ended March 2023, GODREJ AGROVET reported 29.5% decrease in net profit to Rs 2,954 million compared to net profit of Rs 4,192 million during FY22. Revenue of the company grew 12.9% to Rs 93,737 million during FY23.

The current Price to earnings ratio of GODREJ AGROVET , based on rolling 12 month earnings, stands at 41.0.


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