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HomeSTOCKSBelow ₹900 Share; Massive Block Deal Of 4,25,83,272 Shares; Sold 12.65% Stake

Below ₹900 Share; Massive Block Deal Of 4,25,83,272 Shares; Sold 12.65% Stake

Godrej Industries Ltd (NSE: GODREJIND): RKN Enterprises, a unit of the Godrej Enterprises Group, on Monday, auctioned shares worth 3,803 crore rupees to Godrej Industries Ltd to members of the Godrej Industries Group, as part of the Godrej family settlement which was announced in April.

Based on block deal information that is available through the BSE, RKN Enterprises sold 425,83,272 shares or the equivalent of a 12.65 % stake in Godrej Industries Ltd.

The shares were sold at an average cost that was the amount of 893.05 rupees per share. This brings the value of the transaction to approximately Rs 3,802.90 crore.

Increased Stake In The Promoter

The shares were purchased through the promoters Nadir Burjor Godrej, Pirojsha Adi Godrej, Nisaba Godrej, and Tanya Dubash at the same cost, which increased its stake in the principal firm Godrej Industries.

Before that, Godrej Industries Ltd had announced that the Adi-Nadir Godrej group would buy the 12.65% share of Godrej Industries Ltd from RKN Enterprises in a block transaction that would boost the stake of Godrej Industries Ltd’s flagship company.

Shares of Godrej Industries Ltd closed at Rs 900 on Monday with a gain of 0.78 percent.

Godrej Industries Ltd Stock Performance

Current Price₹ 900
52-wk High₹ 990
52-wk Low₹ 468
5 Days Return-0.04%
1 Month Return11.69%

Key Fundamentals Parameters

Market Cap₹ 30,317 Cr.
Stock P/E506
Book Value₹ 238
Dividend0.00 %
ROCE5.94 %
ROE0.75 %
Face Value₹ 1.00
P/B Value3.79
OPM7.18 %
EPS₹ 1.78
Debt₹ 28,996 Cr.
Debt to Equity3.62

Godrej Industries Ltd Shareholding Pattern

Promoters Holding
Mar 202367.17%
June 202367.17%
Sept 202367.16%
Dec 202367.16%
Mar 202467.16%
FII Holding
Mar 202310.41%
Jun 202310.76%
Sep 202310.39%
Dec 202310.17%
Mar 20247.92%
DII Holding
Mar 20232.13%
Jun 20231.84%
Sep 20232.34%
Dec 20232.90%
Mar 20244.86%
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Public Holding
Mar 202320.28%
Jun 202320.23%
Sep 202320.12%
Dec 202319.77%
Mar 202420.05%

Godrej Industries Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 11,291 Cr
2021₹ 9,334 Cr
2022₹ 14,130 Cr
2023₹ 16,740 Cr
2024₹ 16,601 Cr

Last 5 Years’ Net Profit:

2020₹ 812 Cr
2021₹ 391 Cr
2022₹ 992 Cr
2023₹ 1,421 Cr
2024₹ 595 Cr

Conclusion

This article provides a detail guide about Godrej Industries Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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