Mr. Sunil Kataria, CEO (India & SAARC), Godrej Consumer Products Limited on the differing increase of soap prices: "Pricing in the soaps category has seen significant deflation in 2019. However, in recent months, we have seen a 30% increase in raw material inputs. We were planning for a price increase to partially cover for this spike in input costs. However, given the spread of Covid-19, we have decided to hold off this increase, currently. It is our sincere endeavor to ensure that stocks are replenished across all channels, so that our consumers can adopt better hygiene practices and stay safe. Our teams are also working around the clock to ensure that adequate stocks are available during these trying times".
Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.483.8 as compared to the previous close of Rs. 517.6. The total number of shares traded during the day was 171673 in over 4246 trades.
The stock hit an intraday high of Rs. 511.75 and intraday low of 479.1. The net turnover during the day was Rs. 86185648.