Buy Godrej Consumer Products, target price Rs 940: Yes Securities

Yes Securities has buy call on Godrej Consumer Products with a target price of Rs 940. The current market price of . is Rs 842.2.

Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 86188.25 Crore) operating in FMCG sector.

Ltd. key Products/Revenue Segments include Home Care, Personal Care, Hair Care, Other Operating Revenue for the year ending 31-Mar-2022.


For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 3152.49 Crore, up 7.24 % from last quarter Total Income of Rs 2939.58 Crore and up 8.13 % from last year same quarter Total Income of Rs 2915.35 Crore. Company reported net profit after tax of Rs 345.12 Crore in latest quarter.

Investment Rationale
Sustenance above three-digit Gann number of 841 is likely to result in shift in

on the upside

Promoter/FII Holdings
Promoters held 63.22 per cent stake in the company as of 30-Jun-2022, while FIIs owned 24.03 per cent, DIIs 6.05 per cent.

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