Godrej Industries, Godrej Consumer, Godrej Agrovet jump 1-5% after family decides to split business empire
8 months, 1 week ago

Godrej Industries, Godrej Consumer, Godrej Agrovet jump 1-5% after family decides to split business empire

Live Mint  

Godrej Group stocks including Godrej Industries, Godrej Consumer Products and Godrej Agrovet, gained over 1-5% in early trade on Thursday after the Godrej family reached an agreement to split the conglomerate into two branches. Godrej Industries share price jumped as much as 3% to hit a fresh 52-week high of ₹989.90 apiece on the BSE, while Godrej Consumer Products shares gained 2.8% and Godrej Agrovet share price rallied 5.5%. According to the Family Settlement Agreement issued on the stock exchanges by the company, Adi Godrej and brother Nadir Godrej will keep the listed companies. “The realignment has been arrived at in a respectful and mindful way to maintain harmony and to better align ownership in acknowledgement of the differing visions of the Godrej family members.

Share Godrej Godrej Agrovet Godrej Industries Godrej Consumer  price  consumer  share  trade  jump  products  industries  agrovet  business  split  family  empire  decides  company  members  godrej  agreement

History of this topic

India’s Godrej Consumer slumps 9% after flagging weak Q3 demand
Trending News
1 month ago

India’s Godrej Consumer slumps 9% after flagging weak Q3 demand

Live Mint  

By Sethuraman N R Dec 9 - Shares of India's Godrej Consumer Products slumped 9% on Monday, set for their worst day since March 2020 and dragging down its peers in the fast moving consumer goods sector after the firm warned of stress on demand and profit margins in the third quarter. Including Monday's decline, the consumer index has shed …

Godrej Consumer Products share price plunges 10% after weak mid-Q3 update; Should you buy the FMCG stock?
Top News
1 month ago

Godrej Consumer Products share price plunges 10% after weak mid-Q3 update; Should you buy the FMCG stock?

Live Mint  

Godrej Consumer Products share price plunged 10% in early trade on Monday after the FMCG company reported weak mid-quarter business update, highlighting demand headwinds. International Business Godrej Consumer Products expects its Indonesia business to deliver continued superior performance with mid-single digit volume growth and high single digit sales growth. The brokerage firm expects Godrej Consumer Products to deliver sales/ earnings …

Explained: Why Godrej Consumer share price fell 9% in early trade today
1 month ago

Explained: Why Godrej Consumer share price fell 9% in early trade today

India Today  

Shares of Godrej Consumer Products Limited tanked 9% in early trading on December 9, as investors reacted to the company’s weak growth outlook for the October-December quarter. The sharp decline came after GCPL shared updates about challenges in demand and margins, leading to concerns about the company’s near-term performance. In a statement, GCPL said, “Demand conditions in India have been …

Dabur, Marico, Godrej Consumer: Why major FMCG stocks are tumbling today
1 month ago

Dabur, Marico, Godrej Consumer: Why major FMCG stocks are tumbling today

India Today  

Shares of major FMCG players took a hit on Monday after Godrej Consumer Products issued a subdued Q3 business outlook, raising concerns about an industry-wide slowdown. Godrej Consumer Products shares declined as much as 11% in early trade, which triggered a slide in stocks of major FMCG companies such as HUL, Marico, Tata Consumer Products, Britannia and others. GODREJ CONSUMER …

Godrej Consumer shares tank 10% today. Should you buy FMCG stock?
1 month ago

Godrej Consumer shares tank 10% today. Should you buy FMCG stock?

India Today  

Shares of Godrej Consumer Products tumbled 10% in early trade on Monday, hitting Rs 1,121.95 on the Bombay Stock Exchange, following a tepid mid-quarter business update. Internationally, Godrej Consumer expects its Indonesia unit to post mid-single-digit volume growth and high single-digit sales growth. Antique Stock Broking trimmed its FY25-27 earnings estimates by 6% but maintained a ‘Buy’ rating with a …

Godrej Enterprises looks for a brand repositioning, adopts new logo
1 month, 1 week ago

Godrej Enterprises looks for a brand repositioning, adopts new logo

Live Mint  

Mumbai: Godrej Enterprises Group, one of the two entities formed following the split of the 127-year-old Godrej Group earlier this year, adopted a new logo on Thursday in a bid to differentiate itself. "We have seen, for instance, that when we have done a press release on, say, an aerospace launch, people think it's done by Godrej Industries, and their …

Godrej Properties plans to raise ₹4,000 crore via QIP
1 month, 1 week ago

Godrej Properties plans to raise ₹4,000 crore via QIP

Live Mint  

The Mumbai-based real estate company Godrej Properties Ltd is looking to raise approximately ₹4,000 crore through a Qualified Institutional Placement with an indicative offer price of ₹2,595 per equity share, according to the term sheet reviewed by Mint. “Please note that shareholder resolution dated 31 October 2024 has approved raising of funds in one or more tranches, by issuance of …

Godrej Properties launches QIP to raise up to ₹6,000 cr
1 month, 1 week ago

Godrej Properties launches QIP to raise up to ₹6,000 cr

Hindustan Times  

New Delhi, Nov 27 Godrej Properties on November 27 launched its qualified institutional placement to sell equity shares to investors for raising up to ₹6,000 crore to fund its growth plan. Godrej Properties on November 27 launched its qualified institutional placement to sell equity shares to investors for raising up to ₹ 6,000 crore to fund its growth plan. During …

Godrej Properties acquires 90 acres of land in Khalapur, Maharashtra
4 months, 4 weeks ago

Godrej Properties acquires 90 acres of land in Khalapur, Maharashtra

Hindustan Times  

Godrej Properties Ltd on August 12 announced that it has acquired an around 90-acre land parcel in Khalapur - Raigad, Maharashtra which is estimated to have a development potential of approximately 1.7 million square feet of saleable area comprising primarily of residential plotted development. Godrej Properties Ltd on August 12 announced that it has acquired an around 90-acre land parcel …

Godrej Properties emerges as highest bidder for two land parcels in G Noida with a combined bid value of ₹842 crore
5 months ago

Godrej Properties emerges as highest bidder for two land parcels in G Noida with a combined bid value of ₹842 crore

Hindustan Times  

Godrej Properties Ltd on August 9 confirmed that it has participated in an e-auction conducted by the Greater Noida Industrial Development Authority for residential group housing plots, where GPL has emerged as the highest bidder for two land parcels with a total combined bid value of ₹842 crore, according to the e-tendering portal of SBI. Godrej Properties Limited has emerged …

Godrej Properties enters Indore, acquires 46-acre land parcel for plotted development
5 months, 1 week ago

Godrej Properties enters Indore, acquires 46-acre land parcel for plotted development

Hindustan Times  

Godrej Properties Ltd has announced that it has acquired around 46-acre land parcel in Indore. The development on this land will primarily comprise plotted residential units and will offer an estimated saleable area of around 1.16 million square feet, the company said in a regulatory filing on July 31. Residential plotted development has gained significant traction in recent years and …

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune
6 months, 1 week ago

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune

Live Mint  

Godrej Properties Ltd., a subsidiary of Godrej Industries, a real estate developer in India, has announced its plans to develop an 11-acre land parcel in Hinjewadi, Pune, on July 1. Gaurav Pandey, MD & CEO of Godrej Properties, said, "Hinjewadi is an important micro market for us in Pune, and we are happy to add this land parcel to our …

CCI approves Godrej group's family settlement proposals
6 months, 3 weeks ago

CCI approves Godrej group's family settlement proposals

Hindustan Times  

The Mumbai-based Godrej Group has received approval from the Competition Commission of India for its realignment plans of interests, legal ownership, and management of various entities within the group. Godrej Industries Limited, Godrej Consumer Products Limited, Godrej Properties Limited, and Godrej Agrovet Limited are among the GILAC Group entities. Godrej Seeds & Genetics Limited, Astec Lifesciences Limited, Innovia Multiventures Private …

Godrej & Boyce Manufacturing Co Ltd sells office space near Mumbai for ₹157 cr to Godrej Industries Ltd
7 months, 1 week ago

Godrej & Boyce Manufacturing Co Ltd sells office space near Mumbai for ₹157 cr to Godrej Industries Ltd

Hindustan Times  

Godrej & Boyce Manufacturing Company Limited has sold an office space spread across an area of 48,729.92 sq ft located in Vikhroli for a consideration of ₹157 crore to Godrej Industries Ltd, registration documents accessed by Propstack showed. Godrej & Boyce Manufacturing Company Limited has transferred an office space spread across an area of 48,729.92 sq ft located in Vikhroli …

Godrej Properties sells around 650 homes for more than ₹2000 crore in Noida
7 months, 2 weeks ago

Godrej Properties sells around 650 homes for more than ₹2000 crore in Noida

Hindustan Times  

Godrej Properties Ltd announced on May 23 that it has sold around 650 homes worth over ₹2,000 crore in its project, Godrej Jardinia, located in Sector 146, Noida, the company said in a regulatory filing. Godrej Properties Ltd announced on May 23 that it has sold around 650 homes worth over ₹ 2,000 crore in its project, Godrej Jardinia, located …

Godrej split: What it means for the group's listed companies
8 months, 1 week ago

Godrej split: What it means for the group's listed companies

Live Mint  

The Godrej family’s decision to split the 127-year-old conglomerate could potentially unlock the valuations of its holding companies—of Godrej Industries Ltd and Godrej Capital, in particular—but investors would do well to wait for the fineprint to manifest. Co. Ltd will be owned by the families of siblings Jamshyd Godrej and Smita Crishna, operating within the Godrej Enterprises Group, the families …

Godrej Group Splits: Founding Family Divides 127-Year-Old Conglomerate Into Two Branches
8 months, 1 week ago

Godrej Group Splits: Founding Family Divides 127-Year-Old Conglomerate Into Two Branches

ABP News  

The founding family of the 127-year-old Godrej Group has agreed to split the conglomerate, creating two distinct business groups. Adi Godrej and his brother Nadir Godrej will retain control of Godrej Industries, which comprises five listed firms, while their cousins Jamshyd Godrej and Smita Godrej Crishna will take over unlisted Godrej & Boyce and its affiliated businesses along with a …

Godrej Family Splits 127-year-old Group: Know Who Gets What
8 months, 1 week ago

Godrej Family Splits 127-year-old Group: Know Who Gets What

News 18  

The founding family of 127-year-old Godrej Group, which spans from soaps and home appliances to real estate, has reached an agreement to split the conglomerate, with Adi Godrej and his brother Nadir keeping Godrej Industries that has five listed firms, while cousins Jamshyd and Smita getting unlisted Godrej & Boyce and its affiliates as well as a land bank, including …

Godrej family amicably splits company; Adi, brother to keep five listed firms
8 months, 1 week ago

Godrej family amicably splits company; Adi, brother to keep five listed firms

Hindustan Times  

The founding family of 127-year-old Godrej Group, which spans from soaps and home appliances to real estate, has reached an agreement to split the conglomerate, with Adi Godrej and his brother Nadir keeping Godrej Industries that has five listed firms, while cousins Jamshyd and Smita getting unlisted Godrej & Boyce and its affiliates as well as a land bank, including …

Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted cos, land bank
8 months, 1 week ago

Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted cos, land bank

New Indian Express  

The Godrej family on Tuesday announced their split as "an ownership realignment" of their shareholdings in the Godrej companies. The Mumbai-based conglomerate said that the realignment has been arrived at in a respectful and mindful way to maintain harmony and better align ownership in acknowledgement of the differing visions of the Godrej family members. The group has been split between …

Godrej family begins formal division of group, will start divestments soon: Report
8 months, 3 weeks ago

Godrej family begins formal division of group, will start divestments soon: Report

Hindustan Times  

The Godrej family has begun the formal division of the conglomerate by exiting the boards of each other’s companies, it was reported. Godrej Group Chairman Adi Godrej This comes after Adi and Nadir Godrej resigned from the Godrej & Boyce Board while Jamshyd Godrej also left his seat in the boards of GCPL and Godrej Properties. The report claimed, “Top …

Multibagger Godrej Properties- 4 key reasons why Jefferies sees more than 18% upside for the stock
8 months, 4 weeks ago

Multibagger Godrej Properties- 4 key reasons why Jefferies sees more than 18% upside for the stock

Live Mint  

Stock Market Today: Multi bagger Godrej Properties share price has more than doubled in last one year giving multi bagger returns to the investors. Early land purchases and Hyderabad's admission suggest FY25 for Godrej Properties may witness growth over a strong base, said analysts at Jefferies India Pvt Ltd. Land Banking has remained timely- Godrej Properties has added 36 projects …

Mumbai-based Godrej Properties sells homes worth over ₹3,000 crores in Gurugram
9 months ago

Mumbai-based Godrej Properties sells homes worth over ₹3,000 crores in Gurugram

Hindustan Times  

Mumbai-based listed real estate company, Godrej Properties Ltd, on April 8 announced that it has sold over 1050 homes worth over ₹3,000 crore in its project, Godrej Zenith, located in Sector 89, Gurugram, the company said in its regulatory filing. Mumbai-based listed real estate company, Godrej Properties Ltd, on April 8 announced that it has sold over 1050 homes worth …

Godrej Properties sells homes worth ₹2,690 crore in its new project in Mumbai
9 months ago

Godrej Properties sells homes worth ₹2,690 crore in its new project in Mumbai

Hindustan Times  

Mumbai-based real estate developer Godrej Properties Ltd has sold housing inventory worth ₹2,690 crore in its new project, Godrej Reserve, located in Kandivali, Mumbai. Mumbai-based real estate developer Godrej Properties Ltd has sold housing inventory worth ₹ 2,690 crore in its new project, Godrej Reserve, located in Kandivali, Mumbai. “Launched within 15 months of acquiring the land, this is GPL’s …

Godrej Consumer Products shares fall over 5% after Q3 business update
1 year ago

Godrej Consumer Products shares fall over 5% after Q3 business update

Live Mint  

Godrej Consumer Products share price declined over 5% in early trade on Monday after the company reported its business update for the quarter ended December 2023. In its Q3FY24 business update, Godrej Consumer Products said the operating environment in India continues to remain similar to Q2 and its organic business delivered steady underlying volume growth of mid-single digit. Reported volume …

Godrej Properties Set To Achieve Sales Booking Target Of Rs 14,000 Crore During FY24: Pirojsha Godrej
1 year, 1 month ago

Godrej Properties Set To Achieve Sales Booking Target Of Rs 14,000 Crore During FY24: Pirojsha Godrej

ABP News  

Realty company Godrej Properties is set to achieve its target to sell properties worth Rs 14,000 crore in the current fiscal year as the firm anticipates strong demand for its ongoing and future housing projects, the executive chairperson, Pirojsha Godrej, said. The executive noted that the firm logged a growth of 48 per cent in its sales bookings, during the …

Godrej Agrovet posts higher Q1 profit at 27.3% as costs drop
1 year, 5 months ago

Godrej Agrovet posts higher Q1 profit at 27.3% as costs drop

Live Mint  

India's Godrej Agrovet Ltd reported a 27.3% rise in first-quarter profit on Tuesday, aided by lower costs and growth in its animal feed and crop protection businesses. Profit before interest and tax at the company's animal feed business more than doubled in the quarter, while profit at its crop protection business grew 78.5%. While the animal feed business accounts for …

Godrej Properties Q4 Results: Net Profit Rises 58% To Rs 412 Crore On Strong Housing Demand
1 year, 8 months ago

Godrej Properties Q4 Results: Net Profit Rises 58% To Rs 412 Crore On Strong Housing Demand

ABP News  

Godrej Properties, a subsidiary of Godrej Industries Ltd, on Wednesday, reported a 58 per cent increase in consolidated net profit at Rs 412.14 crore for the quarter ending March 2023 on the back of higher revenue driven by strong housing demand. Godrej Properties' consolidated net profit for the fourth quarter rose to Rs 412 crore from Rs 260 crore a …

Godrej Consumer Products’ India biz to drive growth
1 year, 10 months ago

Godrej Consumer Products’ India biz to drive growth

Live Mint  

Godrej Consumer Products Ltd is a beneficiary of the sharp fall in prices of palm oil, a key raw material for the fast-moving consumer goods company. Analysts at Motilal Oswal Financial Services note that even if GCPL spends some of the gains to shore up advertising, the company could see a healthy earnings growth of 25-30% in the next few …

Godrej Properties buys Raj Kapoor\'s 1-acre bungalow in Mumbai
1 year, 10 months ago

Godrej Properties buys Raj Kapoor\'s 1-acre bungalow in Mumbai

Deccan Chronicle  

New Delhi: Godrej Properties Ltd has acquired legendary film actor, director and producer Raj Kapoor's Bungalow at Chembur in Mumbai to develop a luxury housing project with a sales potential of Rs 500 crore. Gaurav Pandey, MD and CEO, Godrej Properties, said, "We are pleased to add this iconic project to our portfolio and are grateful to the Kapoor family …

Why Godrej Properties may take time to recover
2 years ago

Why Godrej Properties may take time to recover

Live Mint  

Calendar year 2022 has been tough for real estate companies, with the sentiments towards the sector getting sour as home loan rates inched up. He added that with the company purchasing land in attractive locations, some buying interest may return in the stock, but the recovery would be gradual. Earlier this month, it bought a land parcel in Kandivali, Mumbai …

Godrej Properties acquires land in Pune for ₹2000 crore group housing project
2 years, 2 months ago

Godrej Properties acquires land in Pune for ₹2000 crore group housing project

Live Mint  

India's one of the leading real estate developer, Godrej Properties on Tuesday announced the acquisition of a 12-acre land parcel in Mundhwa -East, Pune. Mohit Malhotra, MD & CEO, of Godrej Properties, said, "Mundhwa is an important micro market in Pune and we are happy to add this land parcel to our portfolio. This will further expand our presence in …

Godrej Properties Q4 Results: Consolidated Net Profit At Rs 260 Crore, Sales Bookings Rise 17%
2 years, 8 months ago

Godrej Properties Q4 Results: Consolidated Net Profit At Rs 260 Crore, Sales Bookings Rise 17%

ABP News  

New Delhi: Godrej Properties on Tuesday clocked a consolidated net profit of Rs 260 crore for the fourth quarter ended in March, the PTI reported. According to a regulatory filing, the Mumbai-based company’s total income rose to Rs 1,522 crore during the January-March quarter of the last financial year from Rs 576 crore in the year-ago period. Godrej Properties posted …

Godrej Properties lands a robust Q4 but covid-19 infects growth
4 years, 7 months ago

Godrej Properties lands a robust Q4 but covid-19 infects growth

Live Mint  

The benefits of Godrej Properties Ltd’s of housing units rose 10% year-on-year for the quarter. “An asset-light, partnership driven model has always been the focus of Godrej Properties’s way to acquire new projects. With industry in consolidation mode, Godrej Properties has added about 91 million square feet of projects across top-cities over FY17-20, expanding its portfolio by 82%,” analysts at …

Godrej Properties Q4 net profit drops 35% to Rs 101.08 cr due to high expenditure; shares up on BSE
4 years, 7 months ago

Godrej Properties Q4 net profit drops 35% to Rs 101.08 cr due to high expenditure; shares up on BSE

Firstpost  

Godrej Properties is the real estate arm of the business conglomerate Godrej Group. New Delhi: Realty firm Godrej Properties on Monday reported a 35 percent fall in its consolidated net profit at Rs 101.08 crore for the quarter ended March due to higher expenditure. #4QWithCNBCTV18 | Godrej Properties reports lower profit while revenue jumps year-on-year pic.twitter.com/0AWTT3492l — CNBC-TV18 May 11, …

Godrej family dispute: Group promoters seek external partners' advice to think through option of future strategy
5 years, 6 months ago

Godrej family dispute: Group promoters seek external partners' advice to think through option of future strategy

Firstpost  

New Delhi: Godrej group promoters Thursday said they have sought advice from external partners to help them plan future strategy, amid reports of a rift between family patriarchs over long-term planning and utilisation of a prime land parcel in Mumbai. Media reports had highlighted serious differences between one side led by Godrej Group chairman Adi Godrej and his brother Nadir …

Godrej family spat: Heirs reach out to mediators to rework pact over 1,000-acre landholding in Mumbai
5 years, 6 months ago

Godrej family spat: Heirs reach out to mediators to rework pact over 1,000-acre landholding in Mumbai

Firstpost  

At the 122-year-old Godrej Group, differences have cropped up between family members over the development of land holdings by Godrej & Boyce, the unlisted holding company of the conglomerate. According to an agreement with the Group holding company, Godrej Properties headed by Adi Godrej’s son Pirojsha Godrej pays 10-15 percent revenue of the project to the landowner. Adi Godrej, chairman …

Discover Related