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Shares of most Godrej group companies surged 2-8 percent on May 2 after the founding family reached an agreement to split the 127-year-old conglomerate into two branches.

Godrej group stocks trade mixed after conglomerate’s split

May 2, 2024, 01:22 PM - 2 min read

Shares of Godrej group’s listed companies displayed a mixed trend in trading on Thursday following the announcement of a split within the conglomerate, as the founding family reached a settlement to divide the business into two branches.

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