loader2
Login Open ICICI 3-in-1 Account

Entry Price

445.00

Target

500.00

Recommend Date

21-11-2019

Return

12.36 %
BUY

Date : 21-11-2019

Godrej Industries is the flagship company of the Godrej group with holdings in other group companies viz. Godrej Consumer Products (24% stake), Godrej Properties (49% stake) and Godrej Agrovet (58% stake). On a standalone basis, the company operates in the oleo-chemical business with steady state operations and business prospects. The company, in the past (July 2019), sold off its loss making retail franchise i.e. Natures Basket at an enterprise value (EV) of ~| 300 crore.