Godrej group stocks trade mixed: Godrej Ind tanks nearly 9 pc; Godrej Agrovet jumps over 5 pc

Shares of Godrej group’s listed companies were trading on a mixed note on Thursday, with Godrej Industries tumbling nearly 9 per cent, while Godrej Agrovet climbing over 5 per cent, after the founding family of the 127-year-old group reached an agreement to split the conglomerate.

The stock of Godrej Industries tanked 8.60 per cent to Rs 877.95 on the BSE even after a firm beginning.

Shares of Godrej Properties plunged 6.25 per cent to Rs 2,482.90.

Astec Lifesciences stock also dipped by 2.15 per cent to Rs 1,259.85, despite rallying nearly 9 per cent during the early trade.

However, shares of Godrej Agrovet jumped 5.58 per cent to Rs 575.05 and Godrej Consumer Products climbed 2.82 per cent to Rs 1,253.95.

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