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Deal● Neutral for Godrej Industries
Godrej Industries sells 0.50% stake in Godrej Consumer Products for ₹450 crore
The brief
- Godrej Industries sold a 0.50% stake in Godrej Consumer Products for ₹450 crore
- Godrej Industries shares fell 0.76% and Godrej Consumer Products fell 0.63% on the BSE
- Stake-sale proceeds accrue to Godrej Industries; Godrej Consumer Products investors face added supply