Godfrey Philips stock increase by 13.03 percent


Godfrey Philips stock increase by 13.03 percent
Bangalore: When the markets closed today, Godfrey Phillips stocks increased by 13.03 percent. After opening the day at 2,415.00, the stock touched the day's high of 2,848.00, before closing the day at 2,714.15. The previous close price was 2,401.2. Through the day 10.40 million shares were traded in the market with the current P/E ratio of 22.70. The company has recommended payment of dividend of 350 percent ( 35 per share) for the financial year ended March 31, 2011, The 52 week stock chart is on the left Godfrey Philips operates in two segments: cigarette and tobacco products, and tea and other retail products. Its cigarettes brands include Marlboro, Red & White, Cavanders and Four Square. The Marlboro brand of cigarettes has seven variants, including Marlboro Gold Advance. Its tea brands include Symphony Assam Teas, Symphony Darjeeling Tea, Symphony Green Tea, Super Cup, Samovar, Super Cup Duet, Utsav and Rangoli. It has entered into chewing products category with the launch of Pan Vilas. It entered into retail segment with the launch of Twenty Four Seven Stores. These convenience stores offers a range of products and services, including groceries, ready-to-eat world cuisine, beverages, pharmaceuticals, cosmetics and personal care, music and movies, magazines, domestic and international courier services. Twenty Four Seven Stores are located in the central areas of Delhi. As of March 31, 2010, it had six subsidiaries.