Sell Godrej Consumer Products, target Rs 625: Kunal Bothra

Independent analyst Kunal Bothra has a sell call on Godrej Consumer Products Ltd. with a target price of Rs 625. The current market price of Godrej Consumer Products Ltd. is Rs 650. Time period given by the analyst is Intra Day when Godrej Consumer Products Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 670. Godrej Consumer Products Ltd., incorporated in 2000 has a market cap of Rs 66507.24 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 31-12-2018, the company has reported a Consolidated sales of Rs 2696.42 Crore, up 2.07 % from last quarter Sales of Rs 2641.79 Crore and up 3.56 % from last year same quarter Sales of Rs 2603.71 Crore Company has reported net profit after tax of Rs 423.47 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.