Meanwhile, the BSE Sensex was down 43.51 points, or 0.54%, to 9,602.64.On BSE, 350 shares were traded in the counter. The stock had an average daily volume of 61,705 shares in the past one quarter.The stock hit a high of Rs 123 and a low of Rs 119.05 so far during the day. The stock hit a 52-week high of Rs 147.98 on 17 December 2007 and a 52-week low of Rs 93.84 on 22 January 2008.
The mid-cap stock had outperformed the market over the past one month till 10 December 2008, rising 6.05% as compared to the Sensex's decline of 8.36%. It had however also outperformed the market in the past one quarter, declining 3.42% as compared to the Sensex's decline of 34.15%.The company's current equity is Rs 25.81 crore. Face value per share is Rs 1.
The current price of Rs 121 discounts the company's Q2 September 2008 annualized EPS of Rs 5, by a PE multiple of 24.2.The board of directors of Godrej Consumer Products (GCPL) has approved acquisition of the remaining 50% stake of its joint venture (JV) partner SCA Hygiene Products in Godrej SCA Hygiene. Post this transaction, the JV, which owns the Snuggy brand of baby diapers, will become a 100% subsidiary of GCPL.Godrej Consumer Products' net profit fell 4.2% to Rs 32.26 crore on 23.2% increase in net sales to Rs 259.04 crore in Q2 September 2008 over Q2 September 2007.Godrej Consumer Products has presence in personal and household care products.
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