News

Buy Godfrey Phillips India Ltd For Target Rs.2,383 - Centrum Broking Godfrey Phillips (GP) reported Q1FY24 results beat our estimates; Revenue/EBITDA/PAT grew 26.2%/ 21.0%/ 115.5% respectively. Gross revenues in Tobacco grew 28.7%, backed by 8.1% volume growth in cigarettes and 120% growth in leaf tobacco exports to Rs3.1bn, whilst nontobacco (TFS+Funda Goli) grew 8.1%. GP’s performance was driven by, (1) clear focus on cigarette business, (2) expanded distribution for Marlboro led to 30% contribution, (3) strong exports of leaf tobacco and (4) PMI (asso...
Buy Godfrey Phillips India Ltd For Target Rs.2,383 - Centrum Broking
Buy Godfrey Phillips India Ltd For Target Rs.2,383 - Centrum Broking
Source: Centrum Broking Ltd
1/08/2023 4:21:14 PM
Godfrey Phillips shines on executing agreement to sell Chewing business Godfrey Phillips India is currently trading at Rs. 1307.75, up by 14.25 points or 1.10% from its previous closing of Rs. 1293.50 on the BSE. The scrip opened at Rs. 1288.55 and has touched a high and low of Rs. 1318.75 and Rs. 1276.25 respectively. So far 6032 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1409.85 on 28-Oct-2021 and a 52 week low of Rs. 937.30 on 24-Feb-2022. Last one week high and low of the s...
Godfrey Phillips shines on executing agreement to sell Chewing business
Godfrey Phillips shines on executing agreement to sell Chewing business
Source: Accord Fintech
13/10/2022 2:45:43 PM
Buy Godfrey Phillips India Ltd For Target Rs.1,498 - Centrum Broking Holding ground, Q4 cigarette volumes grew 12.8% Owing to challenging market conditions and receding Covid impact Godfrey Phillips (GP) saw sequential recovery; Q4FY22 revenue/EBITDA/PAT grew 3.6%/6.9%/8.9. Gross revenue for tobacco segment grew 2.8%, backed by 12.8% growth in cigarette volumes. Though nontobacco including TFS remained flat YoY, yet International business including unmanufactured tobacco grew 4-5%. Management said, Omicron disruptions led weak Jan, but Feb/Mar saw strong re...
Buy Godfrey Phillips India Ltd For Target Rs.1,498 - Centrum Broking
Buy Godfrey Phillips India Ltd For Target Rs.1,498 - Centrum Broking
Source: Centrum Broking Ltd
2/06/2022 11:57:19 AM
LKP Spade, Weekly Pick - Godfrey Phillips India Ltd For Target Rs.1230 - LKP Securities Godfrey Phillips India Limited * The stock after a steep correction is witnessing fresh momentum around the previous demand zone 1070-1050 levels. * The stock has surpassed its 200DMA in today's trading session with decisive volumes indicating the resumption of an uptrend. * The momentum oscillators are showing signs of reversal on the lower time frame which confirms the up move. Godfrey Phillips India Ltd BUY @ Rs. 1120-1110 Stop Loss Below Rs. 1059 CB Targ...
LKP Spade, Weekly Pick - Godfrey Phillips India Ltd For Target Rs.1230 - LKP Securities
LKP Spade, Weekly Pick - Godfrey Phillips India Ltd For Target Rs.1230 - LKP Securities
Source: LKP Securities Ltd
11/04/2022 11:28:31 AM
Buy Godfrey Phillips India Ltd For Target Rs.1,310 - Centrum Broking Strong recovery in cigarette volumes in Q1 Despite challenging market conditions, Godfrey Phillips (GP) saw sequential recovery post June. Q1FY22 revenue/EBITDA/PAT grew 49.8%/157%/108.8%, beating our estimates. Cigarette volumes grew 57.4%. International business grew 47% in value terms. With supply chain issues behind, management indicated Marlboro supported volume growth. Gross revenue grew 68.2% for tobacco segment; non-tobacco segment including TFS grew 15%. Favorable product mix a...
Buy Godfrey Phillips India Ltd For Target Rs.1,310 - Centrum Broking
Buy Godfrey Phillips India Ltd For Target Rs.1,310 - Centrum Broking
Source: Centrum Broking Ltd
17/08/2021 2:15:55 PM