Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Godrej Industries is in a downtrend. The rally we saw was a relief rally, it has already started coming down. The chances are that it is going back to its Rs 210-215 levels."
At 10:08 hrs Godrej Industries was quoting at Rs 265.35, up Rs 1.05, or 0.40 percent. It has touched an intraday high of Rs 266.45 and an intraday low of Rs 263. The share touched its 52-week high Rs 331.95 and 52-week low Rs 218.50 on 09 January, 2013 and 28 August, 2013, respectively. Currently, it is trading 20.06 percent below its 52-week high and 21.44 percent above its 52-week low. Market capitalisation stands at Rs 8,901.20 crore.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!