Tuesday, 8 November 2016

Nifty hovers around 8500, Sensex flat

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Godrej Consumer Products reported 11.2 percent growth in total income to Rs 2,439 crore in the July-September quarter. Margins for the company improved to 19.1 percent from 18.7 percent year-on-year. Volumes grew at 9 percent, its soap segment is facing challenges, but is expected to normalize in 1-2 quarters. Home personal appliances business will contribute majorly to growth.

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