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Godfrey Phillips gains on reporting 27% rise in Q3 net profit

04 Feb 2019 Evaluate

Godfrey Phillips India is currently trading at Rs. 945.40, up by 6.45 points or 0.69% from its previous closing of Rs. 938.95 on the BSE.

The scrip opened at Rs. 952.00 and has touched a high and low of Rs. 964.05 and Rs. 940.25 respectively. So far 12514 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1000.00 on 15-Jan-2019 and a 52 week low of Rs. 640.45 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 969.25 and Rs. 902.05 respectively. The current market cap of the company is Rs. 4940.46 crore.

The promoters holding in the company stood at 72.19%, while Institutions and Non-Institutions held 13.28% and 14.54% respectively.

Godfrey Phillips India has reported 26.57% rise in its net profit at Rs 78.46 crore for the quarter ended December 31, 2018 under review as compared to Rs 61.99 crore for the same quarter in the previous year. Total income of the company increased by 15.11% at Rs 714.03 crore for Q3FY19 as compared Rs 620.32 crore for the corresponding quarter previous year.

Godfrey Phillips India's core business is manufacturing of cigarette.The company has diversified into others businesses such as confectionary, tea, cosmetics and retailing.Under the cigarette division the company has created brands like Four Square, Red and White, Jaisalmer, Cavanders and Tipper.

Peers
Company Name CMP
ITC 269.00
Godfrey Phillips Ind 1970.00
VST Industries 205.05
Indian Wood Products 35.51
NTC Industries 136.80
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