India's Bajaj Consumer rises as analysts flag margin improvement ahead

Bajaj Consumer Care

06/05/2025 09:38

** Shares of India's Bajaj Consumer Care BACO.NS jump 4% to 174 rupees

** Cosmetic products maker Q4 net sales rose 4.2% y/y but profit fell ~16% due to high prices of key raw material copra

** Dolat Capital ("reduce", PT: 181 rupees) expects gradual margin improvement hereon due to recent price hikes, drop in raw material cost

** Antique Stock Broking ('buy', PT raised to 253 rupees) says sales of key 'Almond Drops' hair oil to recover gradually, power all-round improvement

** 3.4 mln shares traded vs 30-day daily avg of ~400k shares

** Analysts' avg rating is "buy", median PT 210 rupees -LSEG data

** Day's rise trims YTD decline to ~12%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))