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Nov 9, 2017, 10.50 PM IST

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Buy Godrej Consumer Products, target Rs 1,020: Kunal Bothra

ETMarkets.com|
Nov 08, 2017, 08.37 AM IST
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Independent analyst Kunal Bothra has a buy call on Godrej Consumer Products with a target price of Rs 1,020.

The current market price of Godrej Consumer Products is Rs 979.15.

Time period given by the analyst is intraday when Godrej Consumer Products price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 960.

Godrej Consumer Products, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 66,712.38 Crore) operating in Personal Care sector.

Godrej Consumer Products key Products/Revenue Segments include Personal Care which contributed Rs 5,013.69 Crore to Sales Value (98.52 per cent of Total Sales), Royalty Income which contributed Rs 54.60 Crore to Sales Value (1.07 per cent of Total Sales) and Other Operating Revenue which contributed Rs 20.70 Crore to Sales Value (0.40 per cent of Total Sales)for the year ending 31-Mar-2017.

The company's top management includes Mr.Adi Godrej, Mr.Aman Mehta, Mr.Bharat Doshi, Mr.D Shivakumar, Mr.Jamshyd N Godrej, Mr.Nadir Godrej, Mr.Narendra Ambwani, Mr.Omkar Goswami, Mr.Pirojsha Godrej, Mr.Vivek Gambhir, Ms.Ireena Vittal, Ms.Ndidi Nwuneli, Ms.Nisaba Godrej, Ms.Tanya Dubash.

Company has BSR & Co. LLP as its auditors.

As on 30-09-2017, the company has a total of 681,329,518 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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