Godfrey Phillips India Ltd up by 5.05 percent | Espresso

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Espresso Shot of the Day - Godfrey Phillips India Ltd up by 5.05 percent

November 11, 2022
Espresso Shot of the Day - Godfrey Phillips India Ltd up by 5.05 percent

GODFREY PHILLIPS INDIA LTD 1677.10 (+5.05%) BSE –INE260B01028 | 11th November 2022

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Godfrey Phillips India is one of the largest FMCG companies in the country with many iconic cigarette brands like Four Square, Red & White, and Cavanders to its name. The company also has an exclusive sourcing and supply agreement with Philip Morris International to manufacture and distribute the renowned Marlboro brand in India. Godfrey Phillips India has expanded its product portfolio beyond cigarettes and tobacco and entered India’s highly competitive confectionery and retail segment. The company’s premium retail outlets 24Seven is already a brand to contend with.


Recent Drivers

  • Godfrey Phillips Ltd has informed exchanges that it will hold a board meeting on November 12,2022 to consider, approve and take record of Financial result of company for the quarter and half year ended 30th September,2022.
  • On October 12,2022, cigarette maker Godfrey Phillips Ltd informed the stock exchanges, that it had signed agreements with Vishnu & Company Trademarks Private Limited and its wholly owned subsidiary VLS Innovations Private Limited to sell or assign trademarks along with all the rights, titles and interests.
  • On August 1,2022, Godfrey Phillips Ltd reported a net profit of Rs. 142.30 crores in June 2022, up 26.65% from the Rs. 112.36 crores in June 2022.
  • On August 1,2022, Godfrey Phillips Ltd reported a June net sale of Rs. 827.53 crores, up 12.51% from the Rs. 735.49 crores reported in June 2021.
  • The Board of directors at the said meeting also recommended the payment of dividend of Rs.28/- per equity share of Rs. 2/- each for the financial year ended on 31st March ,2022, subject to the approval of shareholders at the ensuing Annual General Meeting. The ex-date for the same was August 11,2022.
           
            (Sources: BSE, Money control)


Technical Force

  • S&P BSE 500 month till date gain by 1.50%.
  • 3 months avg. NSE volume: 112,042
  • Quantity traded: 10,030| Deliverable quantity: 2,302 (22.95%).
  • Stock price jumped by more than 70 % from a one-year low level: 937.30 (February 24, 2022)
  • Daily RSI (14) is in overbought territory today.
  • 52-week-high: 1,716.95| 52-week-low: 937.30.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

1991.58

1700.72

1413.58

1122.72

835.58

544.72

257.58

-

Fibonacci Pivot

1700.72

1479.92

1343.51

1255.66

1122.72

989.78

901.92

765.51

544.72


Today’s Close

1677.10

SMA

BSE

10 DAY

1592.21

20 DAY

1498.45

50 DAY

1293.08

200 DAY

1162.44


Some Key Ratios (Source: BSE)

Market Cap:  8,719.90 Crores

PE:  18.95

OPM%: 21.20

ROE%:  16.89

Promoters holding%: 72.83

Prev. Close:  1596.55


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.

Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.