Buy Godrej Consumer Products, target Rs 700: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a buy call on Godrej Consumer Products Ltd. with a target price of Rs 700.0 . The current market price of Godrej Consumer Products Ltd. is Rs 668.1 Time period given by the analyst is Intra Day when Godrej Consumer Products Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 655. Godrej Consumer Products Ltd., incorporated in 2000, has a market cap of Rs 68290.92 crore.
Godrej Consumer Products Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 5256.36 Crore to Sales Value (98.16 % of Total Sales) and Other Operating Revenue which contributed Rs 98.38 Crore to Sales Value (1.83 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Consolidated sales of Rs 2429.68 Crore, down -9.89 % from last quarter Sales of Rs 2696.42 Crore and down -2.60 % from last year same quarter Sales of Rs 2494.41 Crore Company has reported net profit after tax of Rs 935.00 Crore in latest quarter. The company’s top management includes Mr.Adi Godrej, Mr.Aman Mehta, Mr.Bharat Doshi, Mr.Jamshyd N Godrej, Mr.Nadir Godrej, Mr.Narendra Ambwani, Mr.Omkar Goswami, Mr.Pirojsha Godrej, Mr.Vivek Gambhir, Ms.Ireena Vittal, Ms.Ndidi Nwuneli, Ms.Nisaba Godrej, Ms.Pippa Tubman Armerding, Ms.Tanya Dubash. Company has BSR & Co. LLP as its auditoRs As on 31-03-2019, the company has a total of 1,022,166,096 shares outstanding.