Godrej Consumer Products Ltd Share Price (GODREJCP)

Godrej Family Begins Formal Division, To Divest Stakes In Companies - 19 Apr, 2024

The Godrej family has begun the formal division of its century-old conglomerate by exiting each other's companies' boards and divesting stakes. Jamshyd Godrej and his side of the family will transfer interests in Godrej Consumer Products (GCPL) to their cousins through a family arrangement.

Godrej Consumer Products Ltd has a high P/E ratio of 67.5x - 18 Apr, 2024

Godrej Consumer Products Ltd's high P/E ratio of 67.5x is above most other companies in India, but its sluggish earnings growth may not support such positive sentiment for long. The stock's high share price may not be reasonable unless conditions improve.

FMCG Stocks Dip Amid Broader Market Trend - 15 Apr, 2024

Godrej Consumer Products and other FMCG stocks like Hindustan Unilever, Dabur, and Colgate-Palmolive (India) saw declines of at least 1% on Monday due to a broader market trend. However, Godrej's MD predicts high-single digit value growth for the industry this year.

Godrej Consumer Expects Sales Growth Amid Good Monsoon Forecast - 10 Apr, 2024

Godrej Consumer Products expects mid-single-digit consolidated sales growth in Q4 amid subdued operating conditions within the FMCG market. The anticipated good monsoon is expected to boost rural demand, benefiting sectors like personal wash and home care.

Godrej Consumer Products Faces Subdued Demand Environment in Q1 2024 - 09 Apr, 2024

Early commentaries from FMCG players and channel checks suggest that the demand environment for Godrej Consumer Products remained subdued in Q1 2024. The company's stock lost 1.11% on April 9, 2024.

Godrej Consumer Expects Sales Growth Driven by Currency Volatility - 08 Apr, 2024

Godrej Consumer Products expects mid-single-digit sales growth driven by currency volatility with double-digit underlying volume growth projected. Brokerages retain positive outlook despite macro/seasonality risks. Shares trade 4.48% up.

Godrej Consumer Reports Strong Volume Growth in India Organic Business - 07 Apr, 2024

Godrej Consumer Products reports strong volume growth in its India organic business despite subdued demand for household insecticides. FMCG giants like GCPL, Dabur, and Marico are set for margin expansion and double-digit growth on a constant currency basis.

Godrej Consumer Products Reports Strong Sales Volume Growth in Q4 - 06 Apr, 2024

Godrej Consumer Products reported high-single digit volume growth in India organic business and double-digit volume growth in Indonesia business. The company expects to deliver underlying volume growth of high single digit and sales growth of mid-single digit driven largely by currency volatility. Consolidated net profit rose 6.35% to Rs 581.06 crore on a 1.54% rise in revenue from operations to Rs 3,622.80 crore in Q3 FY24 over Q3 FY23.

Mixed Performance for Godrej Consumer Products Ltd in Q4 - 05 Apr, 2024

Godrej Consumer Products Ltd reports mixed performance in Q4, with its India organic business delivering strong underlying volume growth. Despite subdued operating conditions, the company expects high single-digit underlying volume growth and mid-single-digit sales growth driven largely by currency volatility.

Godrej Consumer Products Rated as Buy by Motilal Oswal - 03 Apr, 2024

Godrej Consumer Products receives a Buy rating from Motilal Oswal Securities with a target price of Rs 1,500 due to favorable risk-reward balance in the sector. The company's internal initiatives are expected to help it sustain growth outperformance.

Godrej Appliances Expects 20% Growth in Premium Segment Sales - 30 Mar, 2024

Godrej Appliances anticipates a 20% increase in sales turnover from its premium segment in the upcoming fiscal year. The company expects at least a 20% growth in sales of ACs and refrigerators during the summer season, with ACs remaining the biggest revenue contributor.

Godrej Consumer Products Stock Up by 11% - 28 Mar, 2024

Godrej Consumer Products stock has seen a significant increase of 11% over the last three months. However, concerns remain about the company's inconsistent financials and their impact on share price momentum.

Godrej Consumer Faces Headwinds Due to Rising Raw Material Costs - 26 Mar, 2024

Godrej Consumer Products Ltd is facing headwinds due to rising raw material costs, particularly the increasing prices of palm oil used in soap manufacturing. Investec has maintained a buy rating on the stock but raised its target price, while GCPL is closely monitoring the situation. Analysts predict a weak Q4FY24 for FMCG companies with mostly neutral to negative pricing contribution and no major recovery in volumes.

Anand Rathi Recommends Buying Godrej Consumer Products Stock - 22 Mar, 2024

Anand Rathi has recommended buying Godrej Consumer Products citing its efforts to simplify international business, drive innovation-led growth, and better margins. The company's launches are expected to aid domestic growth. Meanwhile, the stock traded 0.65% up at Rs 1223.0 with a bearish signal from the MACD.

Godrej Consumer Products Ltd Expected to See Good Growth Momentum - 21 Mar, 2024

Godrej Consumer Products Ltd's efforts to simplify its international business, drive innovation-led growth and better margins are likely to lead to good growth momentum. The company is optimistic about healthy earnings growth with a 22% CAGR over the next two years. Analysts retain a Buy rating with a target price of Rs 1,360.