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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.
Patanjali Foods: Street’s optimism in assigning high FMCG valuation multiples was misplaced
Patanjali targets FY27 volume growth of 3-5% in edible oils, 8-10% in foods, and 15% in home care. However, ICICI Securities cut its EPS estimate by 14%, forecasting ongoing earnings pressure due to rising input costs and stagnant profitability in the edible oils segment.
Top 15 Stocks To Buy This June: Eternal, Bajaj Finance, Nestle, LG Electronics Among Axis Securities Bet — Full List Inside
In its latest report, Axis Securities highlighted a basket of high-conviction stock ideas across sectors, focusing on companies with strong earnings visibility, balance sheet strength and scalable growth models.
Can Honasa shares rally up to 57% after strong Q4 show? Jefferies, CLSA & two other brokerages weigh in
Honasa Consumer shares surged over 11% on Friday after a strong Q4 FY26 performance, with brokerages including Jefferies, CLSA, ICICI Securities and JM Financial turning more optimistic. Jefferies sees up to 57% upside, citing robust multi-channel growth, improving margins and stronger execution, while other brokerages also highlight rising traction across key brands and categories.