Godrej Industries gains on making further investment in Godrej Capital
Godrej Industries is currently trading at Rs 1252.20, up by 5.00 points or 0.40% from its previous closing of Rs 1247.20 on the BSE.
The scrip opened at Rs 1254.95 and has touched a high and low of Rs 1257.90 and Rs 1240.00 respectively. So far 1210 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 1391.50 on 06-Jun-2025 and a 52-week low of Rs 764.45 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs 1273.25 and Rs 1234.45 respectively. The current market cap of the company is Rs 42117.58 crore.
The promoters holding in the company stood at 69.65%, while Institutions and Non-Institutions held 9.47% and 20.88% respectively.
Godrej Industries (GIL) has made further investment in Godrej Capital (GCL), its subsidiary. Consequently, the company now holds 90.89% of the total paid up share capital of Godrej Capital. This further acquisition of equity shares of GCL is done by GIL based on the valuation report for a total consideration of around Rs 285 crore.
Godrej Capital is a core investment company which holds equity shares of Godrej Housing Finance and Godrej Finance.
Godrej industries a part of Godrej group, is India's leading manufacturer of oleochemicals and makes more than a hundred chemicals for use in over two dozen industries.
