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Godrej Consumer Products shares fall up to 5%, near 4-year low

Godrej Consumer Products shares fell as much as 5% on Thursday to their lowest level in nearly four years. A planned inventory correction, higher investments and a challenging input-cost environment weighed on sentiment.

GODREJCP

Godrej Consumer Products shares fell as much as 5 percent on Thursday to their lowest level in nearly four years as a planned inventory correction, higher investments and a challenging input-cost environment weighed on investor sentiment.The stock was trading around Rs 869 in early afternoon trade…