Godrej Consumer Share Price: Share price of Godrej Consumer jumps as Sensex drops 255.53 points
Share price of Godrej Consumer Products Ltd. gained 0.17 per cent to Rs 1318.55 at 11:40AM (IST) in Friday’s trade. The stock hit a high of Rs 1329.8 and low of Rs 1311.9 so far during the session. The stock had closed at Rs 1316.3 in the previous session.
The counter had a total traded volume of 11:40AM shares so far with a turnover of Rs 0.33 crore on BSE. The stock traded at a price-to-earnings multiple of -314.6 and a price-to-book ratio of 10.16.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are…
