Godfrey Phillips is currently trading at Rs. 3289.80,
up by 58.30 points or 1.80% from its previous closing of Rs. 3231.50 on
the BSE.
The scrip opened at Rs. 3203.00 and has touched a high and low of Rs. 3289.80 and Rs. 3203.00 respectively.
The
BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of
Rs. 3944.00 on 27-Apr-2012 and a 52 week low of Rs. 2349.00 on
20-Dec-2011.
Last one week high and low of the
scrip stood at Rs. 3375.20 and Rs. 3131.05 respectively. The current
market cap of the company is Rs. 3330.73 crore.
The
promoters holding in the company stood at 71.05% while Institutions and
Non-Institutions held 14.59% and 14.36% respectively.
Credit
rating agency, Credit Rating Information Services of India (CRISIL) has
reaffirmed ratings of Godfrey Phillips India’s long-term bank
facilities worth Rs 1520 crore to AA+/Stable.
The rating agency has also
reaffirmed A1+ rating to the company’s short term bank facilities and
short term debt programme worth Rs 150 and Rs 350 crore respectively.
The company has also initiative in developing products such as Stellar, the first slim cigarette and I-gen, the first euro norm cigarette in India. [Via]
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