News for Godfrey Phillips India Limited (GODFRYPHLP.BO)

Despite volatility, Sensex gained 5.4% and Nifty rose 5.7% in FY25. Marchs 6% surge offset five consecutive monthly declines. It was a roller coaster ride for the investors who had to navigate through the highs and lows. The period after October was testing and eroded most of the gains made till September. FIIs were net sellers, while DIIs provided strong support. Defence, financials, and pharma stocks outperformed, while media and energy lagged.

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Despite market volatility, 56 stocks have retained multibagger status, delivering up to 760% returns since March 2024. Smallcaps like Ashika Credit Capital, Aayush Art, and Indo Thai Securities led gains, significantly outperforming the broader market, which returned only 1.6%.

Bajaj Finance leads in absolute market capitalization growth, adding Rs 1.02 lakh crore this year, while SBI Cards and Payment Services takes the top spot in percentage terms with a 30% rise. Bajaj Finances m-cap grew by 24%, while SBI Cards 30% increase added Rs 19,127 crore. Maruti Suzuki India and Bajaj Finserv outpaced SBI Card in absolute growth, with their market caps rising by Rs 60,346 crore (18%) and Rs 51,955 crore (21%), respectively, though they trailed in percentage gains.

The multibagger stock ended 17.76% higher at Rs 7041.62 today against the previous close of Rs 5,979.50 on BSE. Market cap of the firm rose to Rs 36,612 crore.

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Out of the 938 stocks in the BSE Smallcap index analysed by ETMarkets, 909 stocks ended the week in the red with the highest fall of 41% witnessed in NGL Fine-Chem.

Godfrey Phillips share price: The stock zoomed 20 per cent to hit an upper price band of Rs 5979.50. At this price, the multibagger scrip has rallied 138.76 per cent in a year.

The NSE Nifty 50 and BSE Sensex were trading in losses during noon. The indices were 0.74% and 0.58% down, respectively, as of 12:05 p.m. Power Finance Corp Ltd., Senco Gold Ltd., Deepak Nitrite Ltd., ITC Ltd., Godfrey Phillips India Ltd., Manappuram Finance Ltd. were in news around noon.

Godfrey Phillips India shares climbed 9.52% to Rs 5457.50 against the previous close of Rs 4982.95 on BSE. Market cap of the firm rose to Rs 27,571 crore.

Indian markets closed nearly flat after a volatile session. Honasa Consumer, Muthoot Finance, Suven Pharma, and SBI Cards gained on positive earnings and upgrades, while Natco Pharma and Godfrey Phillips declined.

Stocks including RIL, ICICI Bank, Adani Ports, Kotak Mahindra Bank, RITES, Tata Power, NPTC Green, Honasa, RailTel and more will be in the spotlight on Thursday, February 13.

Sandeep Chilana, Managing Partner at CCLaw said raising the income tax exemption threshold to Rs 12 lakh is a deeply positive move, especially for the middle class.

Union Budget 2025 special trading session: Vijayakumar said the market will be looking for growth stimulating measures and not market-related taxation reliefs like changes in the capital gains taxation.

With a fall of nearly 63% from its 52-week high of Rs 474, Sun Pharma Advanced Research Company emerged as the top loser in the BSE 500 group

In the forthcoming earnings season, Emkay Global Financial Services believes that the near-term sector outlook staying muted, on weak execution by companies and an unfavourable macro.

The Group of Ministers (GoM) report is expected to be discussed by the GST Council -- chaired by Union Finance Minister and comprising her state counterparts -- on December 21. A final decision on GST rate changes will be taken by the council.

Over 34 companies will have their shares trade ex-dividend, with actions such as dividend payouts, bonus issues, amalgamations, and stock splits scheduled for the next five days.

Stocks including Dr Reddy's Labs, Wipro, JSW Steel, Bharti Airtel, GRSE, Power Grid, UPL, Tata Power, RITES, GNFC, NCL India more will be in the spotlight on Thursday, November 21.