Godrej Agrovet Ltd (GODREJAGRO)

Nadir and Adi Godrej's Families to Inherit Godrej Agrovet - 01 May, 2024

As part of the restructuring plan, Godrej Agrovet Ltd will be inherited by the families of Nadir and Adi Godrej. The company is a diversified agribusiness firm with interests in animal feed, crop protection, oil palm, dairy, poultry, and processed foods.

Godrej Industries Holds Majority Stake in Godrej Agrovet - 30 Apr, 2024

Godrej Industries Limited, the holding company for a diverse range of interests, including agriculture, holds a significant 64.89% stake in Godrej Agrovet Ltd.

Godrej Agrovet Stock Rises Despite Declining EPS - 23 Apr, 2024

Despite a 15% drop in earnings per share, Godrej Agrovet's stock rose by 7.2%, bringing one-year gains to 31%. The market may be considering other factors beyond EPS, such as stable revenue and significant insider purchases. Further research is recommended before buying or selling the stock.

Godrej family begins formal division of conglomerate - 19 Apr, 2024

The Godrej family has started the process of formally dividing their century-old conglomerate by exiting each other's companies' boards and divesting stakes in them. Adi and Nadir Godrej resigned from the board of Godrej & Boyce, while Jamshyd Godrej relinquished his seat on the boards of GCPL and Godrej Properties.

Godrej Agrovet Chairman Positive on Cattle Feed and Aquafeed Segments - 05 Apr, 2024

Nadir Godrej, Chairman of Godrej Agrovet Ltd, is optimistic about the outlook for the cattle feed and aquafeed segments. The company expects better margins due to the high quality of its feeds and increasing demand for value-added products in the cream line dairy segment. With a good monsoon, the agricultural situation should be favorable for all agri businesses.

Godrej Agrovet's ROCE Falls to 13% - 04 Apr, 2024

Godrej Agrovet's return on capital employed (ROCE) has fallen from 18% to 13% in the past five years, indicating shrinking returns. The company's high current liabilities to total assets ratio of 42% poses risks due to reliance on short-term creditors.