godrej consumer products shares in focus as goldman sachs maintains buy on stock share price bse nse target

 Godrej Consumer Products (GCPL)shares are successful absorption arsenic planetary brokerage Goldman Sachs has maintained its bargain telephone connected the banal with a people of Rs 1,525. This people implies a imaginable upside of 14 per cent.

The brokerage said that aft the FMCG large Hindustan Unilever has accrued soap prices, GCPL's quality to summation prices has improved.

HUL has raised prices 5-7 per cent in a fig of SKU’s successful its soap portfolio, added the brokerage.

Notably, the brokerage highlighted that the soap business contributes 35 per cent of GCPL's India business. Goldman Sachs expects GCPL- a idiosyncratic products entity to besides follown suit which volition gradually little the borderline pressures implicit adjacent 6 months. See a beardown likelihood of a turnaround successful net maturation aft 5 years of anemic growth.

GCPL's Q1 earnings

The company's gross from operations fell 3.4 per cent YoY to Rs 3,331.58 crore during the quarter. Profit earlier taxation (PBT) stood astatine Rs 644.03 crore successful Q1 FY25, up 34.21 per cent YoY. During the quarter, EBITDA grew 13 per cent YoY and EBITDA borderline accrued by 310 bps to 21.9 per cent.

India concern integrated measurement grew by 8 per cent and reported measurement grew by 10 per cent.