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Godrej Consumer shares climb 2% as ICICI Securities upgrades the stock to a buy, raises target price
ICICI Securities upgraded Godrej Consumer Products to 'buy', raising the target price to ₹1,300. With expectations for double-digit growth and a recovery in key markets, investor interest surges.
Godrej Consumer Gets 'Buy' Upgrade As ICICI Securities Bets On Double-Digit Volume Growth — Check New Target Price
Buy upgrade reflects a fundamental change in Godrej Consumer's operational risk profile, adds ICICI Securities.
Godrej Industries Q4 profit more than doubles to ₹444 cr; okays ₹1,500-cr NCD issue
Revenue for the quarter grew 33.1% YoY to ₹7,694 crore as most segments recorded double-digit growth. Shares of Godrej Industries Ltd ended at ₹1,132.05, down by ₹19.95, or 1.73%, on the BSE today, May 15.
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Over the past three years, Godrej Properties booking value has grown at a compound annual growth rate of 41%, with the company achieving 105% of its annual guidance.