Buy Godrej Consumer Products, target price Rs 1025: Axis Securities

Axis Securities has buy call on Godrej Consumer Products with a target price of Rs 1025. The current market price of Godrej Consumer Products is Rs 954.5.

Time period given by analyst is 4 weeks when Godrej Consumer Products Ltd. price can reach defined target.
Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 97692.28 Crore) operating in FMCG sector.


Godrej Consumer Products Ltd. key Products/Revenue Segments include Home Care, Personal Care, Hair Care, Other Operating Revenue for the year ending 31-Mar-2021.


Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3186.29 Crore, up 9.29 % from last quarter Total Income of Rs 2915.35 Crore and up 8.78 % from last year same quarter Total Income of Rs 2929.06 Crore. Company reported net profit after tax of Rs 478.68 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 63.22 per cent stake in the company as of 30-Sep-2021, while FIIs owned 26.21 per cent, DIIs 4.59 per cent.