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GODREJ AGROVET Gains 5%; BSE FMCG Index Down 0.0%
Wed, 24 Jul 9:54

GODREJ AGROVET  Gains 5%; BSE FMCG Index Down 0.0%Image source: alexsl/www.istockphoto.com

GODREJ AGROVET share price has zoomed 5% and is presently trading at Rs 864.1.

Meanwhile, the BSE FMCG index is at 22,535.5 .

Among the top gainers in the BSE FMCG index today are AVANTI FEEDS (up 7.5%) and Shree Renuka Sugars (up 4.4%).

Dabur (down 4.3%) and Godrej Consumer (down 3.1%) are among the top losers today.

Over the last one year, GODREJ AGROVET has moved up from Rs 484.6 to Rs 864.1, registering a gain of Rs 379.5 (up 78.3%).

On the other hand, the BSE FMCG index has moved up from 18,998.8 to 22,535.5, registering a gain of 18.6% during the last 12 months.

The top gainers among the BSE FMCG index stocks during this same period were Godfrey Phillips (up 156.2%), JYOTHY LABS (up 115.6%) and BOM.BURMAH (up 95.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,125.6 (down 0.4%).

The top losers among the BSE Sensex today are Hindustan Unilever (down 2.7%) and Bajaj Finance (down 2.3%). The most traded stocks in the BSE Sensex are ITC and Tata Steel.

In the meantime, NSE Nifty is at 24,375.4 (down 0.4%). Hindustan Unilever and Tata Consumer Products are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,125.6, registering a gain of 13,740.9 points (up 20.7%).

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 2024, GODREJ AGROVET reported 21.7% increase in net profit to Rs 3,595 million compared to net profit of Rs 2,954 million during FY23. Revenue of the company grew 2.0% to Rs 95,606 million during FY24.

The current Price to earnings ratio of GODREJ AGROVET , based on rolling 12 month earnings, stands at 54.0.


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