Buy Godrej Consumer Products, target price Rs 1330: Motilal Oswal

Motilal Oswal has buy call on Godrej Consumer Products Ltd. with a target price of Rs 1330. The current market price of Godrej Consumer Products is Rs 1151.45.

Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 119013.28 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 30-09-2023, the company reported a Consolidated Total Income of Rs 3667.88 Crore, up 4.26 % from last quarter Total Income of Rs 3518.02 Crore and up 6.88 % from last year same quarter Total Income of Rs 3431.79 Crore. Company reported net profit after tax of Rs 432.77 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 63.21 per cent stake in the company as of 30-Sep-2023, while FIIs owned 23.51 per cent, DIIs 7.64 per cent.