market

Buy Godrej Consumer Products, target price Rs 1350: Motilal Oswal



Motilal Oswal has buy call on Godrej Consumer Products with a target price of Rs 1350. The current market price of Godrej Consumer Products Ltd. is Rs 1286.55.

Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 130982.37 Crore) operating in FMCG sector.

Godrej Consumer Products Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 3729.72 Crore, up 1.69 % from last quarter Total Income of Rs 3667.88 Crore and up 2.41 % from last year same quarter Total Income of Rs 3642.07 Crore. Company reported net profit after tax of Rs 581.06 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 63.21 per cent stake in the company as of 31-Dec-2023, while FIIs owned 22.94 per cent, DIIs 8.38 per cent.

(You can now subscribe to our ETMarkets WhatsApp channel)

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice, Budget 2024 News on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.