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Buy Godrej Consumer Products Ltd For Target Rs.1,415 By JM Financial Services India business seeing headwinds, pace of recovery in volumes will be key GCPL’s business update for Q3FY25 points to weaker than expected performance. India business is expected to report flat volumes (vs +7-8% in 1H) due to likely volume decline in Soaps (pricing actions impacts wholesale/HH inventory) and moderation in volume growth for HI (delayed winter in North/cyclone in South). While mgmt. had called out possible volume impact on Soaps in its Q2FY25 concall, unfavourable weath...
Buy Godrej Consumer Products Ltd For Target Rs.1,415 By JM Financial Services
Buy Godrej Consumer Products Ltd For Target Rs.1,415 By JM Financial Services
Source: JM Financial Services Ltd
2024-12-17 09:19:30 am
Company Update : Buy Godrej Consumer Products Ltd By Motilal Oswal Financial Services Flattish volume growth; margin pressure in the Indian business Godrej Consumer Products (GCPL) released its pre-quarterly update for 3QFY25. Here are the key takeaways: India performance *  The demand conditions in the Indian FMCG sector have been subdued over the past few months. *  Despite this, GCPL was delivering an average organic Underlying Volume Growth (UVG) of ~7% over six quarters, driven by category development, innovations, and media investments. *  T...
Company Update : Buy Godrej Consumer Products Ltd By Motilal Oswal Financial Services
Company Update : Buy Godrej Consumer Products Ltd By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services ltd
2024-12-14 09:26:33 am
Add Godrej Consumer Products Ltd For Target Rs. 1375 By Emkay Global Financial Services Ltd Home and personal care concentration has helped GCPL drive relatively better growth in India with 7% value and volume growth in Q2. Although, amid the inflationary stress, EBITDA stood flat in India and is likely to be stressed in 2H, given the high base. International sales remain muted with a 5% decline; the management expects revenue growth to turn positive from Q4. Focus on profitability remained, and International EBITDA expanded 37% YoY; 2H is likely to sustain healthy growth momentum. ...
Add Godrej Consumer Products Ltd For Target Rs. 1375 By Emkay Global Financial Services Ltd
Add Godrej Consumer Products Ltd For Target Rs. 1375 By Emkay Global Financial Services Ltd
Source: Emkay Global Financial Services Ltd
2024-12-03 02:17:03 pm
Godrej Consumer Products soars on reporting 14% rise in Q2 consolidated net profit Godrej Consumer Products is currently trading at Rs. 1290.50, up by 36.00 points or 2.87% from its previous closing of Rs. 1254.50 on the BSE. The scrip opened at Rs. 1310.95 and has touched a high and low of Rs. 1315.95 and Rs. 1275.10 respectively. So far 18154 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1541.30 on 11-Sep-2024 and a 52 week low of Rs. 959.55 on 26-Oct-2023. Last one week high and low of th...
Godrej Consumer Products soars on reporting 14% rise in Q2 consolidated net profit
Godrej Consumer Products soars on reporting 14% rise in Q2 consolidated net profit
Source: Accord Fintech
2024-10-25 11:24:48 am
Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1420 - Religare Broking Godrej Consumer Products Ltd * FMCG Space recently is spotted with rebound after a set of healthy corrections and GODREJCP accompanied the same setup. * Stock has witnessed a bounce over its long-term moving averages, i.e., 200 EMA * RSI indicator reads the oversold zones, It is expected that the bounce can extend and retest its immediate resistance, i.e., 100 EMA. * Traders are recommended to participate in the move with positive bias within the said range.    ...
Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1420 - Religare Broking
Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1420 - Religare Broking
Source: Religare Broking
2024-10-16 10:02:45 am
Buy Godrej Consumer Products Ltd For Target Rs. 1,700 By Motilal Oswal Financial Services Ltd Building blocks; outperformance to sustain Godrej Consumer Products (GCPL) has adopted a growth-oriented strategy that includes pursuing acquisitions, cross-selling, entering new categories, and expanding the Total Addressable Market (TAM) for existing products. Additionally, it has increased reinvestments, particularly in marketing (+36% YoY in FY24). The company has made strategic moves, such as improving inventory management in RCCL and Indonesia and exiting non-core businesses, to driv...
Buy Godrej Consumer Products Ltd For Target Rs. 1,700 By Motilal Oswal Financial Services Ltd
Buy Godrej Consumer Products Ltd For Target Rs. 1,700 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-09-21 10:55:17 am
Buy Godrej Consumer Ltd For Target Rs. 1,700 By Motilal Oswal Financial Services Steady India recovery; currency impacts international business * Godrej Consumer (GCPL) reported a 3% YoY decline in consolidated net revenue to INR33.3b (est. INR36.3b). In constant currency (cc), revenue grew 11% YoY. India business clocked 9% YoY revenue growth (6% organic) with healthy volume growth of 8% YoY. * In India, home care and personal care segments registered 8% and 6% YoY growth, respectively. HI category was stable and saw low single-digit volume growth, impact...
Buy Godrej Consumer Ltd For Target Rs. 1,700 By Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs. 1,700 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-08-11 11:04:22 am
Buy Godrej Consumer Products Ltd For Target Rs.1,580 By JM Financial Services GCPL’s 1QFY25 earnings print was mixed bag – revenue growth was below expectations though operating performance was largely inline. Topline declined for the first time in sixteen quarters –due to weakness in International revenue (Africa business declined by 25% due to shipping crisis affecting South Africa, destocking in Nigeria and depreciating Naira). On the positive side, India organic volume growth (8%) was healthy despite cutting trade schemes on Soaps and an unusually...
Buy Godrej Consumer Products Ltd For Target Rs.1,580 By JM Financial Services
Buy Godrej Consumer Products Ltd For Target Rs.1,580 By JM Financial Services
Source: JM Financial Services
2024-08-09 10:51:18 am
India's Godrej Consumer Products misses Q1 profit estimates India's Godrej Consumer Products reported a smaller-than-expected rise in first-quarter profit on Wednesday, as its household insecticides saw soft demand. The Cinthol soap maker reported a consolidated net profit of 4.51 billion rupees ($54 million) for the quarter ended June 30, up from 3.19 billion rupees a year earlier. Analysts had on average expected a profit of 4.92 billion rupees, as per LSEG data. Sale of products fell 3% to 33.11 billion rupees. The company announced...
India's Godrej Consumer Products misses Q1 profit estimates
India's Godrej Consumer Products misses Q1 profit estimates
Source: Reuters
2024-08-07 04:56:46 pm
Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1590 - Religare Broking Godrej Consumer Products Ltd * GODREJCP has been in a strong uptrend and currently trading at the record high levels. * It has been forming a base-on-base pattern while holding above its short moving average, highlighting accumulation by stronger hands. * It has witnessed a fresh breakout from the elevated base surpassing the previous resistance zone. * The price action and buoyancy in FMCG space highlights the bullish tone to continue in the stock.   Buy Godre...
Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1590 - Religare Broking
Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1590 - Religare Broking
Source: Religare Broking
2024-07-24 10:44:17 am
ADD Godrej Consumer Products Ltd. For Target Rs. 1,350 - Emkay Global Financial Services Better international show aids the Q4FY24 beat GCPL’s Q4FY24 results beat our expectations, with inline sales growth of 6% albeit better margin at 22.3% (up by 230bps YoY) driving the EBITDA (up 18% YoY) beat of 6%; the lower tax rate (at 17%) drove the adj. PAT (up 22% YoY) beat of 15%. Domestic business performance missed expectations, with sales and EBITDA growing 12% each (OPM at 26.6% stood flat YoY). International business reported a 2% decline, affected by reorganization (Rs4....
ADD Godrej Consumer Products Ltd. For Target Rs. 1,350 - Emkay Global Financial Services
ADD Godrej Consumer Products Ltd. For Target Rs. 1,350 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-06-27 05:06:36 pm
Buy Godrej Consumer Ltd For Target Rs.1,550 by Motilal Oswal Financial Services Playbook remains unchanged; positive outcomes set to continue * Godrej Consumer (GCPL) reported a 6% YoY consolidated net revenue growth to INR33.8b (exactly in line); constant currency (CC) growth was 30% YoY in 4QFY24. The India business clocked 12% YoY revenue growth (5% organic) with a volume growth of 15% YoY (7% organic). * In India, the home care and personal care segments registered 6% and 4% YoY growth, respectively. The HI category was hit by a subdued season, especi...
Buy Godrej Consumer Ltd For Target Rs.1,550 by Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs.1,550 by Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-03 02:00:56 pm
Buy Godrej Consumer Ltd For Target Rs.1,500 - Motilal Oswal Financial Services Addressing portfolio gaps; margin headroom adequate * We note that under Sudhir Sitapati's leadership, there has been a noticeable shift in approach at Godrej Consumer (GCPL) over the last 12-18 months. The company, under his astute guidance, has adopted a growth-centric strategy, including pursuing inorganic growth, crossselling, entering new categories, expanding the total addressable market (TAM) for existing products, and more. Additionally, there has been an increase in reinvestm...
Buy Godrej Consumer Ltd For Target Rs.1,500 - Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs.1,500 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-28 11:17:27 am
Add Godrej Consumer Products Ltd For Target Rs.1,325 - Emkay Global We retain ADD on GCPL (Dec-24E TP of Rs1,325/sh), as the stock priced in positives on better execution, backed by the management addressing business basics and simplifying operations. Management is now dealing with two key concerns in consol. operations: i) the new molecule-based HI offerings (across India, Indonesia), and ii) improved show in the GAUM cluster. With a view to enhance growth potential and profitability in the GAUM cluster, GCPL has announced divestment of its Tanzania operatio...
Add Godrej Consumer Products Ltd For Target Rs.1,325 - Emkay Global
Add Godrej Consumer Products Ltd For Target Rs.1,325 - Emkay Global
Source: Emkay Global
2024-05-24 12:34:18 pm
Buy Godrej Consumer Ltd For Target Rs.1,550 - Motilal Oswal Financial Services Playbook remains unchanged; positive outcomes set to continue * Godrej Consumer (GCPL) reported a 6% YoY consolidated net revenue growth to INR33.8b (exactly in line); constant currency (CC) growth was 30% YoY in 4QFY24. The India business clocked 12% YoY revenue growth (5% organic) with a volume growth of 15% YoY (7% organic). * In India, the home care and personal care segments registered 6% and 4% YoY growth, respectively. The HI category was hit by a subdued season, especially in t...
Buy Godrej Consumer Ltd For Target Rs.1,550 - Motilal Oswal Financial Services
Buy Godrej Consumer Ltd For Target Rs.1,550 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-05-20 09:31:54 am
Add Godrej Consumer Products Ltd. For Target Rs.1,350 By Emkay Global Financial Services GCPL is likely to post 5% organic consol. revenue growth with high single-digit volume growth. We expect GCPL’s domestic business to log a mid-single-digit organic growth (mostly driven by volume), while its Raymond portfolio (~9% domestic sales contribution) would aid in 17% reported growth. We reckon its international business would see a 10% drop, given Rs700mn worth business restructuring in the Africa cluster; organic growth would clock in a mid-single digit. Backed by better GM, w...
Add Godrej Consumer Products Ltd. For Target Rs.1,350 By Emkay Global Financial Services
Add Godrej Consumer Products Ltd. For Target Rs.1,350 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-05-15 09:53:43 am
Stock of the day : Godrej Consumer products Ltd. For Target Rs.1285 - Religare Broking Godrej Consumer Products Ltd. * After the strong upmove, GODREJCP is witnessing price and time wise correction with positive bias. * It has rebounded higher finding support near 50% retracement levels, which coincides with its short term moving average. * Following price action and volume activity, price looks set to test its previous swing high. * Traders can consider fresh longs in the mentioned range. Buy Godrej Consumer products Ltd. CMP 1218.05 Range&nbs...
Stock of the day : Godrej Consumer products Ltd. For Target Rs.1285 - Religare Broking
Stock of the day : Godrej Consumer products Ltd. For Target Rs.1285 - Religare Broking
Source: Religare Broking Ltd
2024-04-30 10:30:06 am
Dabur India flags sluggish demand in March-quarter; shares drop Consumer goods maker Dabur India flagged sluggish demand in the March quarter and indicated slowing revenue growth from prior quarters on Thursday, sending shares to a near six-month low. Dabur said it expects mid-single digit percentage revenue growth in the quarter ended March 31, compared to a 7% rise in the December-quarter and 7.3% jump in the quarter before that. Its shares fell 4.5% after the news, and were on track for their worst day since May 2023. The stock was also the top d...
Dabur India flags sluggish demand in March-quarter; shares drop
Dabur India flags sluggish demand in March-quarter; shares drop
Source: Reuters
2024-04-04 02:40:25 pm
Buy Godrej Consumer Products Ltd For Target Rs.1,330 - Motilal Oswal Financial Services Ltd Modest growth, margin expansion continues Godrej Consumer Products (GCPL) released its pre-quarterly update for 3QFY24. Here are the key takeaways: * India business: * Demand environment remains similar to that witnessed in 2Q. * Organic business reported mid-single-digit volume growth. * Reported volume growth (including acquisition) was in double digits. * Indonesia business: * The Indonesia business is expected to clock double-digit growth in volume and high-single dig...
Buy Godrej Consumer Products Ltd For Target Rs.1,330 - Motilal Oswal Financial Services Ltd
Buy Godrej Consumer Products Ltd For Target Rs.1,330 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-14 02:11:58 pm
Accumulate Godrej Consumer Products Ltd for Target Rs. 1,230 - Elara Capital Innovation to pay off Focus on building product categories to drive growth Godrej Consumer Products (GCPL IN) is focused on elevating and expanding its product portfolio through innovation and democratization to drive penetration. The company is looking to introduce a new product in home insecticides (HI), which will focus on the efficacy, a potential game-changer. Additionally, it is entering into liquid space with the launch of liquid detergent, Godrej Fab, at a disruptive price of IN...
Accumulate Godrej Consumer Products Ltd for Target Rs. 1,230 - Elara Capital
Accumulate Godrej Consumer Products Ltd for Target Rs. 1,230 - Elara Capital
Source: Elara Capital
2023-12-22 12:02:55 pm
Buy Godrej Consumer Products Ltd For Target Rs.1,200 - Emkay Global Financial Services We maintain our positive stance on GCPL, which is addressing the basics under its revamped leadership. We see structural actions strengthening Company’s fundamentals and maintain BUY with Sep-24E TP of Rs1,200/sh, on 46x P/E (at 10% premium to the last 5Y average forward P/E of 41x). GCPL's recent actions in the Africa cluster bode well, with its guidance of profitable growth backed by thrust on mid-to-high teen EBITDA margin in the medium term. As we shift its Kenya/Tanzania operat...
Buy Godrej Consumer Products Ltd For Target Rs.1,200 - Emkay Global Financial Services
Buy Godrej Consumer Products Ltd For Target Rs.1,200 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-12-11 03:46:08 pm
Stock of the day : GODREJCP Ltd  For Target Rs.1065 - Religare Broking  GODREJCP Ltd  * The primary trend of the Godrejcp remains bullish, as its has been forming series of higher highs and lows. * It has rebounded higher finding support around its previous resistance zone which coincides with 50 WEMA. * Stock has registered a breakout from descending channel adding further positivity. * We thus recommend creating fresh longs in the mentioned range BUY  GODREJCP Ltd CMP 1008.50; Range* 1006-1010 ; SL 980; Target ...
Stock of the day : GODREJCP Ltd  For Target Rs.1065 - Religare Broking
Stock of the day : GODREJCP Ltd  For Target Rs.1065 - Religare Broking
Source: Religare Broking Ltd
2023-11-23 11:20:38 am
Buy Godrej Consumer Products Ltd For Target Rs.1,200 - Emkay Global We maintain our positive stance on GCPL, based on our expectations of an improved show on the back of multiple initiatives across geographies under the new leadership. Management continues with corrective actions—this time, it took a call to move its East Africa operations to a franchise model, which will lead to a revenue shift of Rs5bn in return for Royalty of ~10%. We see this as an apt move, as the business has been a drag and logging losses. Q2FY24 results are in line with estimate...
Buy Godrej Consumer Products Ltd For Target Rs.1,200 - Emkay Global
Buy Godrej Consumer Products Ltd For Target Rs.1,200 - Emkay Global
Source: Emkay Global Financial Services
2023-11-09 11:25:45 am
Buy Godrej Consumer Products Ltd For Target Rs. 1,191 - Religare Broking Steady topline: Godrej Consumer posted Q2FY24 revenue at Rs 3,602cr which grew by 6.2%/4.4% YoY/QoQ. Overall its volume grew in double digits by 10% and organic volume growth was at 6% YoY while growth in constant currency stood at 16% YoY. Amongst businesses, India business grew by 9.2%/8.1% YoY/QoQ to Rs 2,168cr with an underlying volume growth of 11% YoY and organic volume growth of 4% YoY. Organic volume growth could have been better than the posted number but it was impacted due to lower...
Buy Godrej Consumer Products Ltd For Target Rs. 1,191 - Religare Broking
Buy Godrej Consumer Products Ltd For Target Rs. 1,191 - Religare Broking
Source: Religare Broking Ltd
2023-11-03 02:59:14 pm
Buy Godrej Consumer Products Ltd For Target Rs.1,150 - Motilal Oswal Financial Services Sales growth in mid-single digit; healthy operating margin expansionGodrej Consumer Products (GCPL) released its pre-quarterly update for 2QFY24. Here are the key takeaways:India business* Demand trends weak during the quarter. * Organic business reported mid-single digit volume growth. * Home Care witnessed mid-single digit volume growth, whereas personal care reported low-single digit volume growth.  Indonesia business:* The Indonesia business may report double-digit growth in vol...
Buy Godrej Consumer Products Ltd For Target Rs.1,150 - Motilal Oswal Financial Services
Buy Godrej Consumer Products Ltd For Target Rs.1,150 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2023-10-06 03:30:56 pm
Tech Stars : Indian Oil Corporation Ltd And Godrej Consumer Products Ltd By Religare Broking Indian Oil Corporation Limited TECHNICAL RATIONALE ? We are seeing recovery in the oil marketing counters wherein IOC is showing relatively higher strength. It has recovered strongly after testing the support of short term moving average i.e. 20 EMA on the weekly chart and likely to inch gradually towards the record high now. We suggest creating fresh longs in the mentioned range.Buy Indian Oil Corporation Limited CMP: 92.70, Initiation Range 92-93 , Stop Loss 89,&n...
Tech Stars : Indian Oil Corporation Ltd And Godrej Consumer Products Ltd By Religare Broking
Tech Stars : Indian Oil Corporation Ltd And Godrej Consumer Products Ltd By Religare Broking
Source: Religare Broking Ltd
2023-09-14 04:12:32pm