Picture of Godrej Consumer Products logo

GODREJCP — Godrej Consumer Products News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapFalling Star

India's Godrej Consumer gains on steady demand outlook as brokerages cite pricing power

** Godrej Consumer Products GOCP.NS shares rise 2% to 1,022 rupees

** Co sees steady demand and expects double-digit Q4 sales growth with high-single digit volume growth

** "We think the business outlook may be marginally better than what was feared as a fallout of recent geopolitical events," analysts at BofA Global Research say

** GOCP expects sustained inflation into H1 FY27 and plans pricing, cost actions as input costs may rise 6%-9%

** Analyst at Citi believes co has adequate levers to manage inflation while benefiting from formalization-led growth tailwinds

** UBS analysts say strong volume growth and steady execution will drive the stock, with Indonesia's revival as another potential catalyst

** YTD, GOCP down 16.2%

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))

Recent news on Godrej Consumer Products

See all news