Godrej shares dive 6.18 percent
By siliconindia   |   Tuesday, 01 September 2009, 23:51 IST
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Godrej shares dive 6.18 percent
Bangalore: Godrej Industries (GODREJIND) ended the trading as one of the top losers of the day with a loss of 11.70 (6.18 percent). In the morning trade, the market showed the positive sign and touched the 52-week high value of 196.70, but as the day progressed, the market lost their faith and the stock of Godrej ended the trading in red zone. In all 957,449 shares were traded throughout the day with a current P/E of the stock at 85.22. The stock chart for 52-week is given on left. Godrej Industries is engaged in the businesses of manufacture and marketing of oleo-chemicals, bulk edible oils, estate management and investment activities. The company is also engaged in energy generation through windmills and medical diagnostics business. During the fiscal ended March 31, 2009, the company launched the remodeled Natures' Basket store at Worli, Mumbai. In the quarter ended June 2009, the profit of the company decreased 9.43 percent to 5.80 million from 172.60 million in the same quarter previous year. For the same period, net sales of the company decreased 9.43 percent to 2,027.80 million, while total income for the quarter decreased 19.41 percent to 2,056.30 million. With 277,429 units of shares, 'DSP BlackRock Micro Cap Fund - Regular Plan' holds the highest number of shares in Godrej.