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    Neutral on Godrej Consumer Products, target price Rs 800: Motilal Oswal

    Synopsis

    Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 73792.83 Crore) operating in FMCG sector.

    Promoters held 63.2 per cent stake in the company as of Dec 30, 2020, while FIIs held 26.8 per cent, DIIs 3.1 per cent and public and others 6.9 per cent.

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    Motilal Oswal has neutral call on Godrej Consumer Products with a target price of Rs 800. The current market price of is Rs 727.65.

    Godrej Consumer Products Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 73792.83 Crore) operating in FMCG sector.

    Financials
    For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 3025.29 Crore, up 4.54 % from last quarter Sales of Rs 2893.86 Crore and up 9.81 % from last year same quarter Sales of Rs 2755.08 Crore Company reported net profit after tax of Rs 501.90 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 63.2 per cent stake in the company as of Dec 30, 2020, while FIIs held 26.8 per cent, DIIs 3.1 per cent and public and others 6.9 per cent.
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