GODFREY PHILLIPS SHARE PRICE
Godfrey Phillips has done well since Bina Modi took over: CEO Sharad Aggarwal
Godfrey Phillips CEO Sharad Aggarwal has expressed confidence in chairperson Bina Modi's leadership, under whom the company has increased its market share despite stagnant consumption. Aggarwal also downplayed the ongoing shareholder dispute involving Bina Modi's son, stating it would not impact the company's operations. The company's stock has surged over 150% despite these conflicts.
ABB India, KFin Tech among 35 stocks to trade ex-dividend tomorrow. Do you own any?
Dividends are paid to shareholders who are listed in the company’s records on the record date. To qualify for the dividend, you must purchase shares at least one day before the ex-date, as transactions settle the following day. Shares bought on the ex-date itself will not be eligible for dividends.
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This stock gave 69.4% returns last year; should you invest now? Know what analysts say
Jindal Stainless will benefit from the government’s focus on infrastructure development. Strong domestic volumes, an uptick in nickel prices and low-cost inventory supported the performance. The company is seeing demand challenges in its key export markets of the US and EU. To manage market share, it is focusing on newer markets—Japan, South Korea and the Middle East.
Samir Modi removed from board of Godfrey Phillips amid family feud
Samir Modi has been ousted from Godfrey Phillips India's board amidst a family inheritance dispute. His earlier court-granted protection against removal was revoked. Charu Modi has been appointed to the board in his place. The removal occurred against the backdrop of cases Samir filed against board members, alleging assault and conspiracy.
PFC shares soar 6% after net profit rises 20% YoY. Should you invest?
PFC shares rose 6% to Rs 501.65 on BSE after posting a 20% increase in Q1 FY25 net profit to Rs 7,182 crore. Total income grew to Rs 24,736.68 crore. The board also approved an interim dividend of Rs 3.25 per share, with August 20 as the record date.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 288.21 points up at 24343.8
Wait for better times to return after market correction eases: Anshul Saigal
HNIs, by virtue of them seeking absolute returns are not worried if they let go of a percent of upside here and there and they are more concerned about capital protection hence they hold cash on the sidelines when markets are stretched and they will be in no hurry to deploy it en masse in the markets because of this shallow correction.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 662.11 points down at 24055.6
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 293.21 points down at 24717.7
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 96.61 points up at 24932.7
Phillip Capital initiates Buy call on Coal India amid rising capex and robust growth prospects, sees 23% upside
The scheme is benchmarked against Nifty India Defence - TRI, which provided a return of 146.17% in the last nine months. Over the past three and six months, the scheme delivered returns of 60.66% and 87.04%, respectively. In the last one year, the scheme has achieved a return of 187.42%.
Phillip Capital sees a 56% downside potential in IREDA shares as best value already priced in
Phillip Capital maintains a sell view on IREDA, citing concerns over earnings growth not keeping pace with loan growth. Despite strong loan growth prospects, the company faces challenges in maintaining return ratios and credit costs.
Police affirm assault on Samir Modi by mom's PSO, but find no conspiracy
Delhi police’s status report affirmed Samir Modi, GPI’s executive director, was assaulted by Bina Modi’s PSO, with no evidence of criminal intimidation or conspiracy by Bina Modi or Lalit Bhasin. PSO Surendra Prasad denied receiving written orders. Bina Modi is a director and Bhasin an independent director at GPI. GPI's board did not respond.
Charu Modi joins board of Godfrey Phillips amidst shareholder fight
Charu Modi has been appointed to the board of Godfrey Phillips India amid an ongoing inheritance dispute within the KK Modi group. Charu, one of the late KK Modi's three children, has been associated with the group's education ventures but will now take a more active role in the company. She aligns with her mother, Bina Modi, who is in a legal battle with her sons, Lalit and Samir Modi, over the family's inheritance and the dissolution of a family trust established in 2014.
Samir, Lalit Modi question mother's use of voting rights
Samir and Lalit Modi have raised concerns over mother Bina Modi's potential influence through shareholder voting rights at Godfrey Phillips India Ltd due to her control over KK Modi Investment and Financial Services,. This has created a conflict over her reappointment to the company's board amidst a bitter family inheritance dispute. The brothers suspect their mother of misusing her voting rights, leading to legal actions and a looming decision at the upcoming annual general meeting.
Fertiliser stocks jump up to 9% amid hopes of exemption in upcoming GST Council meeting
Fertiliser stocks surged by up to 9% on Wednesday following reports of anticipated relief for the sector through Goods and Services Tax (GST) rate rationalization, expected to be discussed at the GST Council meeting scheduled for June 22, Saturday.
Godfrey Phillips executive director Samir Modi alleges threat from mother, seeks police protection
Samir Modi seeks protection from Delhi Police amid estate distribution feud with mother, alleging threats from Bina Modi and Lalit Bhasin. He heads businesses like Colorbar Cosmetics and Modicare. Legal battle in the Supreme Court over trust deed.
SBI, GAIL, HAL among 43 stock ideas as BJP’s bear case scenario plays out
PhillipCapital predicts positive trends with BJP's potential return to power. Top stock picks recommended by the brokerage include ICICI Bank, SBI, Infosys and others.
Feud in Godfrey Phillips: Samir Modi accuses mother Bina of staging assault on him
A Godfrey Phillips spokesperson rejected the accusation. "These allegations are entirely false and atrocious," the person said. "The alleged episode occurred outside the board room when the audit committee meeting was in progress at about 12 noon. This has been captured on in-house CCTV cameras, which can be provided to the relevant investigating authorities."
Godfrey Phillips declares dividend of Rs 56 per share, posts 46% jump in net profit
The company declared a whooping 2,800% dividend. The net profit for the fourth quarter was reported at Rs 215.12 crore. Its revenue from operations increased to Rs 1,197 crore for Q4FY24 against Rs 974 crore reported in the corresponding quarter last year.
Technical Breakout Stocks: How to trade Godfrey Phillips, M&M and Dixon Technologies
India markets closed in the green for three consecutive days. Realty, auto, metal and consumer durable stocks saw considerable buying action. Godfrey Phillips and Dixon Technologies hit fresh record highs.
Family feud over Rs 11,000 crore Godfrey Phillips inheritance: Samir Modi challenges mother Bina Modi in SC
Samir Modi, son of late KK Modi, has taken legal action against his mother, Bina Modi, accusing her of mishandling the family's Rs 11,000 crore inheritance. The dispute involves the distribution of the Godfrey Phillips stake and other Modi group shares. Samir, previously aligned with his mother, now supports his brother Lalit in seeking immediate implementation of the trust deed. The family had initially disagreed on dissolving the trust, leading to legal battles initiated by Lalit Modi.
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