Godrej Consumer an interesting play at these levels: IIFL Wealth

In a chat with ET Now, Prashastha Seth, Senior Fund Manager, IIFL Wealth, shares his views on Godrej Consumer Products.

ET Now: What is your call on Godrej Consumer Products?

Prashastha Seth: Godrej Consumer Products is a good story that has developed. They have got an investment from Temasek. Furthermore, they have been able to decrease the working capital substantially.

So, these two factors make it a lot better in terms of balance sheet and debt equity ratio. If growth continues in the domestic as well as the overseas business that they have acquired, Godrej Consumer looks an interesting play at these levels.