Hot Pursuit     20-Oct-15
Godfrey Phillips India drops on profit booking after steep rally
Godfrey Phillips India slumped 4.32% to Rs 965.70 at 11:25 IST on BSE, on profit booking after surging 60.16% in six trading days.

Meanwhile, the BSE Sensex was down 17.27 points, or 0.06%, to 27,347.65

On BSE, so far 65,988 shares were traded in the counter, compared with an average volume of 15,653 shares in the past one quarter.

The stock hit a high of Rs 1,001.10 and a low of Rs 922.35 so far during the day. The stock hit a record high of Rs 1,018.65 yesterday, 19 October 2015. The stock hit a 52-week low of Rs 411 on 27 March 2015.

The stock had outperformed the market over the past one month till 19 October 2015, surging 53.96% compared with Sensex's 4.37% rise. The scrip also outperformed the market in past one quarter, gaining 77.33% as against Sensex's 3.86% fall.

The mid-cap cigarette maker has equity capital of Rs 10.40 crore. Face value per share is Rs 2.

Shares of Godfrey Phillips India were on a roll recently, surging 60.16% in six trading days to settle at Rs 1,010.45 yesterday, 19 October 2015 from a recent low of Rs 630.90 on 9 October 2015.

Godfrey Phillips India reported 32.9% fall in net profit to Rs 53.78 crore on 14% fall in net sales to Rs 587.71 crore in Q1 June 2015 over Q1 June 2014.

Godfrey Phillips India, a flagship company of the K.K. Modi Group, is one of India's largest cigarette manufacturers. The company makes cigarette brands including Four Square, Red & White, and Cavanders, as well as Hawk Eye brand of premium cigarettes. The company exports its own cigarette brands, like Jaisalmer, Stellar and Black Jack among others, all over the globe. And under a license agreement with Philip Morris, it manufactures and markets Marlboro cigarettes in India.

Previous News
  Godfrey Phillips India consolidated net profit rises 26.65% in the June 2022 quarter
 ( Results - Announcements 30-Jul-22   14:52 )
  Cigarette stocks rise after Lok Sabha passes bill to ban e-cigarettes in India
 ( Hot Pursuit - 27-Nov-19   14:58 )
  Godfrey Phillips India to announce Quarterly Result
 ( Corporate News - 23-Oct-21   10:54 )
  Godfrey Phillips India to hold AGM
 ( Corporate News - 27-Jul-23   17:06 )
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 ( Hot Pursuit - 18-Apr-22   09:30 )
  Godfrey Phillips India to declare Quarterly Result
 ( Corporate News - 09-Feb-21   10:13 )
  Volumes jump at Godfrey Phillips India Ltd counter
 ( Hot Pursuit - 24-Jun-21   11:00 )
  Godfrey Phillips India to convene board meeting
 ( Corporate News - 27-Oct-18   14:07 )
  Godfrey Phillips India standalone net profit declines 61.99% in the June 2016 quarter
 ( Results - Announcements 14-Sep-16   15:17 )
  Godfrey Phillips India standalone net profit rises 29.42% in the December 2015 quarter
 ( Results - Announcements 01-Feb-16   16:23 )
  Godfrey Phillips India corrects on profit selling
 ( Hot Pursuit - 06-Dec-21   12:57 )
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