Page 2 - Godrej Industries

Two stock ideas by Vinay Rajani: Buy Happiest Minds, Godrej Industries

Support for the Nifty is seen at 14,500 and with that as a stop loss, traders should remain bullish

Nifty outlook and weekly stock picks by Vinay Rajani of HDFC Securities

The primary trend of the markets is bullish as short term moving averages are trading above medium to long term moving averages and Nifty has been holding higher tops and higher bottoms

Stock calls by Nilesh Jain of Anand Rathi: Buy Pidilite, Godrej Industries

Pidilite's stock is in a secular uptrend and has formed a bullish Harami candlestick pattern on the daily chart

Godrej Ind dips 3% after block deal, trades lower for third straight day

Anamudi Real Estates LLP, one of the promoters of the company, had acquired 2.27 million equity shares of the company for Rs 94.73 crore via open market between November 14, and December 15, 2020

Firms raising 3-month money at much lower than RBI's overnight rates

Even as FCI is raising Rs 75,000 cr for three months at 4.69%, companies are regularly tapping bond market for the same tenure at as low as 3.2%, way lower than RBI's repo rate of 4%

Godrej Industries Q1 net profit slumps to Rs 106 cr, revenue at Rs 1,980 cr

GIL's revenue from the chemicals segment was at Rs 245.62 crore in the June quarter this year. It was at Rs 399.11 crore in the corresponding quarter a year ago

Big names in Indian philanthropy team up to respond to climate change

Some of the biggest names in Indian philanthropy have teamed up with researchers and more to craft an India-specific response to the climate crisis. Nikita Puri reports on the development

Top trading ideas by Prabhudas Lilladher: Buy Godrej Inds, Praj Industries

For Godrej Industries, the RSI has also recovered decently from the highly oversold zone and indicated a trend reversal to signal a buy

Godrej Security Solutions to invest Rs 100 cr in R&D, branding next 2 years

The company seeks to expand retail footprint in tier-II and III markets, is strongly focussed on Africa for exports

Godrej Nature's Basket eyes Rs-10 bn turnover via inorganic growth by FY20

The company presently have 32 stores across Mumbai, Pune and Bengaluru

Agrovet listing additional trigger for Godrej Industries

Strong prospects of its subsidiaries and steady performance of its investment companies is expected to lead to a valuation bump up for Godrej Industries. While it has stakes in Godrej Consumer (23.8 per cent) and Godrej Properties (56.7 per cent) and will benefit from their growth, the immediate trigger is the listing of Godrej Agrovet, its 63.7 per cent subsidiary. Given that Godrej Agrovet is valued at Rs 8,600-8,800 crore, the value of Godrej Industries' stake after considering holding company discount would be about Rs 4,200 crore. In addition to the IPO trigger, analysts at Sharekhan expect the company's core value to improve in the long run given steady show in companies where it has major stakes as well as its standalone business. They believe that the stock is good buy post the recent correction (12 per cent over the fortnight) from recent highs and expect upside of 12-15 per cent over the next one year.The standalone business comprises chemicals and premium retail chain ...

Godrej Industries stock hits all-time high on Agrovet IPO approval

Godrej Industries (GIL) stock scaled to an all-time high in Monday's session as the company's board approved the initial public offering (IPO) of its subsidiary - Godrej Agrovet. Even a day later, sentiment was good with the stock up almost 1.4 per cent. Apart from the IPO plans of Godrej Agrovet, there are many other things playing out for GIL.To begin with, Godrej Agrovet's listing should help unlock value. The company operates in the Animal Feed, Agri inputs and Oil Palm businesses and has recently forayed in the lucrative dairy business as well. The company has delivered strong annual growth of 18 per cent and 22 per cent, respectively in its revenues and net profit between FY11-16 and the trend continued in the nine months ending December 2016. Godrej Agrovet has popular brands such as Real Good Chicken (competes with Venky's India), Creamline Dairy Products, among others under its umbrella. It also acquired a stake in plant nutrients and herbicides company - Astec Lifesciences ..

Godrej Industries Q1 net up at Rs 64 crore

Shares of the company settled at Rs 395.50 on BSE, up 0.80% from previous close

Godrej Industries Q4 net down 16% to Rs 116 cr

The company had posted a net profit of Rs 138.96 crore in the January-March quarter a year-ago, Godrej Industries said in a BSE filing