SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Godrej Inds gains on getting ratings re-affirmation for bank facilities by ICRA

30 Dec 2014 Evaluate

Godrej Industries is currently trading at Rs. 290.75, up by 1.05 points or 0.36% from its previous closing of Rs. 289.70 on the BSE.

The scrip opened at Rs. 291.00 and has touched a high and low of Rs. 292.05 and Rs. 289.00 respectively. So far 6062 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 372.45 on 07-Jul-2014 and a 52 week low of Rs. 258.40 on 27-Jan-2014.

Last one week high and low of the scrip stood at Rs. 294.00 and Rs. 282.15 respectively. The current market cap of the company is Rs. 9781.88 crore.

The promoters holding in the company stood at 74.89 % while Institutions and Non-Institutions held 15.18 % and 9.92 % respectively.

Credit rating agency, ICRA has reaffirmed the ratings assigned to bank facilities of Godrej Industries.  The credit rating agency has reaffirmed ‘A1+’ rating assigned to the Commercial Paper Programme of the company amounting to Rs 700 crore (previous year Rs 600 crore), with Rs 640 crore to be issued on a standalone basis. Instruments with ‘A1’ rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk. Within this category, certain instruments are assigned the rating of ‘A1+’ to reflect their relatively stronger credit quality.

The credit rating agency has reaffirmed the ‘A1+’ rating assigned to the Short Term Loan of Rs 200 crore (previous year Rs 300 crore). Instruments with this ‘A1’ rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk. Within this category, certain instruments are assigned the rating of ‘A1+’ to reflect their relatively stronger credit quality.

Besides, the rating for Public Deposit has been reaffirmed as ‘MAA+’. Instruments with this rating are considered to have the high-credit-quality. The rated deposits programme carries low credit risk. Further, the agency has reaffirmed the ‘AA’ rating to the long Term Loan of the company amounting to Rs 800 crore. Instruments with ‘AA’ rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Godrej Industries Share Price

926.95 8.25 (0.90%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 3703.10
Tata Chemicals 709.05
SRF 2493.65
Pidilite Inds. 1393.25
Deepak Nitrite 1538.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×