Godrej climbs 7pc on BSE on acquisition
Friday, 4 June 2010
MUMBAI, June 3 (PTI): FMCG major Godrej Consumer Products today surged 7.56 per cent on the BSE, a day after the company announced the acquisition of Argentinian hair-care company Argencos.
Shares of Godrej Consumer Products climbed to Rs 352, up 7.58 per cent, on the Bombay Stock Exchange. On the National Stock Exchange the stock soared 10.42 per cent to a high of Rs 360 in the morning trade.
Yesterday, the company acquired Argentinian hair-care company Argencos, its second buyout in Latin America in less than two weeks
Shares of Godrej Consumer Products climbed to Rs 352, up 7.58 per cent, on the Bombay Stock Exchange. On the National Stock Exchange the stock soared 10.42 per cent to a high of Rs 360 in the morning trade.
Yesterday, the company acquired Argentinian hair-care company Argencos, its second buyout in Latin America in less than two weeks