The Economic Times
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| 11 January, 2022, 07:11 PM IST | E-Paper
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    Godrej Consumer is on a growth path: Why it is this week's stock pick

    Synopsis

    Godrej Consumer has started showing signs of improvement in its operational performance after a long period. The turnaround in Africa and Latin American business, new management and reasonable valuation are the other factors that have made the company a favourite of analysts.

    After being a laggard over 2015-20, Godrej Consumer has started showing signs of improvement in its operational performance. The company has reported healthy double digit volume growth in its domestic business in the past 18 months— during 2020-21 and first half of 2021-22. Its soap business continues to gain market share and has emerged as the second largest Indian player. The aggressive CEO Sudhir Sitapati, who recently joined Godrej Consumer
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