India's Godrej Agrovet gains as Kotak says "buy" the drop post Q4 results

Godrej Agrovet

06/05/2025 08:56

** India's Godrej Agrovet GODE.NS rises over 4% to 697.25 rupees

** Kotak Institutional Equities upgrades to "buy" from "add", saying steep post-Q4 earnings drop was unwarranted

** GODE tumbled 13.6% on Friday in biggest ever one-day drop

** Kotak says results were subdued but along expected lines and in a seasonally slow quarter

** Over 1.5 mln shares traded, ~6x the 6-month daily avg

** YTD, stock down 6.2%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))