Godrej Consumer Products Q2 profit falls 28%, volume growth at 7%

FMCG company Godrej Consumer Products has reported a steep 28.4 percent year-on-year decline in the second quarter consolidated profit at Rs 413.88 crore, meeting analyst expectations. Its profit in the corresponding period last fiscal stood at Rs 577.73 crore. Revenue during the quarter fell 1.14 percent to Rs 2,630.2 crore compared to year-ago, with domestic volume growth … Read more

Armstrong Flooring Inc. (AFI) Moves Lower on Volume Spike for March 05

Armstrong Flooring Inc. (AFI) traded on unusually high volume on Mar. 05, as the stock lost 4.6% to close at $13.90. On the day, Armstrong Flooring Inc. saw 267,863 shares trade hands on 2,125 trades. Considering that the stock averages only a daily volume of 90,321 shares a day over the last month, this represents … Read more