Godfrey Phillips India Ltd Share: Shares of cigarette company Godfrey Phillips India Limited rose by 20% to reach a record high of ₹4,821.30 on Monday. The company’s shares have risen 126% so far this year in 2024. Shares in Godfrey Phillips have almost tripled in the last 12 months, gaining 190%. There is a reason behind this rise in shares. In fact, the cigarette industry has seen a surge in volume.
what are the details
Godfrey Phillips’ volume growth in the last five quarters has been close to 23% in Q3FY23, 18% in Q4FY23 and 18% in the last quarter. The company’s shares have risen 120% in the last six months. It has increased by up to 190% in a year. This share has given a return of 520% in five years. Its maximum return is 6,332.81%. Let us tell you that in 1999 these shares were priced at Rs 73.
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stock market situation
Let us tell you that the market cap of companies listed on BSE reached a new all-time high of Rs 455 lakh crore on Monday. The 30-share BSE Sensex closed at a record high of 80,664.86, up 145.52 points or 0.18 per cent. During the day’s trading, it rose 343.2 points or 0.42 percent to 80,862.54 points. Amid the boom in the stock market, the market capitalization of BSE listed companies increased to the highest level of Rs 4,55,06,566.48 crore. In the two-day rise in the market, there has been an increase of Rs 3.85 lakh crore in the wealth of investors.
