Godrej Consumer Products (GCPL), one of the leading FMCG companies, witnessed a rise in share price on Wednesday after it announced that the company has entered into an agreement with the Darling Group for increasing its shareholding in Darling South Africa and Mozambique businesses to 90% in line with its intent of gradually scaling up its ownership of the Darling businesses.
Shares of the company are trading at Rs 1,136, up Rs 17.1, or 1.53% at the Bombay Stock Exchange (BSE) on Wednesday at 11:23 a.m.
The scrip has touched an intra-day high of Rs 1,145.40 and low of Rs 1,130.00. The total volume of shares traded at the BSE is 1,393.