As Dalal Street enters the first session of February, 2024, brokerages have several stocks on their radar. Here’s what Citi, HSBC, Jefferies, CLSA, Morgan Stanley, JPMorgan, Macquarie and Goldman Sachs make of stocks such as Paytm, Voltas, JSPL, GCPL and Maruti Suzuki India:
Voltas share target price:
COMMERCIAL BREAKSCROLL TO CONTINUE READINGCLSA has a ‘reduce’ rating on the Voltas stock with a target of Rs 1,100.
Paytm share target price:
Both Macquarie and Citi have maintained a…
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Category: Godrej
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Budget 2024 – Pass or fail? Reactions from Godrej and Dabur
Amidst the ongoing economic challenges and supply chain disruptions, various FMCG heads have been for policy measures and incentives in the Union Budget 2024 to boost resilience and ensure growth. Here is what the leaders at Godrej and Dabur had to share. Mohit Malhotra, Chief Executive Officer, Dabur India said, “The standout feature of the Interim Budget 2024-25 was its adherence to fiscal discipline, exemplified by the decision to cap Fiscal Deficit for FY2024-25 at 5.1%. Notably, the…
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FMCG stock jumps 10% after net profits of the company increases by 35% QoQ
Shares of this FMCG stock under the ‘large-cap’ category jumped around 10 percent in Thursday’s trading session after the company reported financial results for the quarter ended December 2023. In the past six months, the company’s stock has gained nearly 27 percent for its shareholders.
With a market capitalization of Rs 1.31 lakh crores, the stocks of Godrej Consumer Products Limited started their trading session on Thursday at Rs 1,205.25 and currently trade at Rs…
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Godrej Consumer posts slowest revenue growth in over 3 years amid soft demand- Republic World
Updated January 31st, 2024 at 21:39 ISTGodrej Consumer Products revenue growth | Image:Godrej Consumer ProductsGodrej Consumer Products: Consumer goods major Godrej Consumer Products posted its slowest total revenue growth in 14 quarters on Wednesday. The company faced challenges stemming from weakened demand, particularly in the country’s hinterlands.For the three months ended December 31, the company’s consolidated total revenue from operations witnessed a modest increase of 1.7 per cent,…
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Meet the leaders who have emerged from “The CEO Factory”
“Almost every major company in India has an HUL man or woman at the top. Among them are Gopal Vittal, CEO of Bharti Airtel; Ignatius Navil Noronha, CEO and MD of DMart; Sanjay-Gupta, country manager of Google India; Raymond Lifestyle CEO Sanjay Behl; Anand Kripalu, MD and CEO of Diageo India; Suresh Narayanan, Nestle India CMD, and many others,” said Sudhir Sitapati, CEO and MD of Godrej Consumer Products Ltd. Sitapati is also a former HUL leader.
The FMCG juggernaut Hindustan Unilever…
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Godrej Consumer Products Q3 Results Preview: Firm expected to report strong operational performance in December quarter ,Companies News, Business News
Godrej Consumer Goods Capital is expected to report strong operational numbers with a 12 per cent rise in consolidated EBIDTA Year-on-Year (YoY) when it presents its December quarter results on Wednesday (January 31, 2024).
COMMERCIAL BREAKSCROLL TO CONTINUE READINGZee Business research estimates the consumer goods company to report a slight jump of just four per cent in its consolidated profit after tax (PAT), while a jump of two per cent in revenue from operations.
Analysts estimate the…
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Top stock picks | Hero MotoCorp, Godrej Properties, Siemens, Jyothy Labs, Samvardhana Motherson, BHEL
Technical analysts Sudarshan Sukhani of Technical Trends and Kush Bohra, Founder of Kushbohra.com, along with Chandan Taparia, Derivative & Techical Analyst, Motilal Oswal Financial Services share their top stock picks for the day.From Sudarshan SukhaniSukhani finds a buying opportunity in Hero MotoCorp. He advises traders to keep a stop loss of ₹4,360. Shares have gained more than 6% over the last month.Sukhani’s has a buy on Godrej Properties. For this he advises a stop loss of ₹2,260….
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Godrej: A centennial symphony of soaps, pioneering the Swadeshi legacy
As India celebrates its Republic Day, Godrej stands tall as an emblem of ‘Make in India’ resilience, shaping the nation’s business landscape across generations. In 1918, under Ardeshir Godrej’s visionary leadership, the company pioneered the soap industry revolution with Chavi, the world’s first animal-fat-free soap, echoing Swadeshi and ahimsa principles.
A strategic move was made with the initial tag “Godrej No. 2,” a clever prelude to the launch of Godrej No….
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Godrej Consumer Share Price: Godrej Consumer shares up 1.26% as Nifty gains
Shares of Godrej Consumer Products Ltd. gained 1.26 per cent to Rs 1144.1 in Wednesday’s trade. It hit a high of Rs 1148.7 and low of Rs 1123.8 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1028.65, while the 50-DMA was at Rs 1075.88. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these…
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Lightspeed names former Godrej, Gojek execs as venture partners
Vivek Gambhir, Venture Partner, Lightspeed Lightspeed Venture Partners, an investor in unicorns such as Oyo, Udaan, ShareChat, Innovacer, Byju’s, and Razorpay has appointed two industry veterans as ‘venture partners’ in its India and Southeast Asia team.
The Silicon Valley-based investor appointed Vivek Gambhir, former managing director of Godrej Consumer Products Ltd, and Kevin Aluwi, previously the co-founder and chief executive at Gojek, as venture partners, the firm said in a…
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Source: https://www.vccircle.com/lightspeednames-former-godrej-gojek-execs-as-venture-partners