On the recovery in volumes, Godrej said, “It is difficult to tell, it depends on the general economy.”
Serious differences among family members emerged at old business house Godrej Group, indicating a difference in opinion on how the land parcels of the group should be utilised.
Godrej must have sold to focus on core competencies rather than burning cash in a highly competitive retail industry.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 50 points or 0.45 percent. Nifty futures were trading around 11,135 on the Singaporean Exchange
The company had posted a PAT of Rs 178.3 crore in the January-March quarter a year ago.
The move, a yearly practice by the exchange, is the interest of retail traders. The removal which is usually based on pre-defined criteria helps in maintaining liquidity in the instrument
The total income went up by 19 per cent to Rs 2,576 crore in the quarter under review.
The breadth of the market favoured the advances with 928 stocks advancing and 737 declining while 392 remained unchanged. On the BSE, 1183 stocks advanced, 1002 declined and 150 remained unchanged.
It has been hovering around that zone for last one month after its failed attempts to sustain above the hurdle of 200 EMA on daily chart, says Jayant Manglik of Religare Broking
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 44.5 points, or 0.41%. Nifty futures were trading around 10,813-level on the Singaporean Exchange.
The regulator feels that holding two posts by members of the same family will lead to an overlapping of the board and management and conflict of interest
The company had posted a PAT of Rs 119.34 crore in July-September quarter a year ago.
Net income increased to Rs 1,488.21 crore during April-June quarter of the 2018-19 compared to Rs 1,371.40 crore in the year ago period
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 4.5 points or 0.04 percent. Nifty futures were trading around 11,339- level on the Singaporean Exchange.
The company had posted a net profit of Rs 95.23 crore in the January-March period a year-ago, Godrej Industries said in a BSE filing.