Chandan Taparia of Motilal Oswal Securities has a purchase name on Godrej Shopper Merchandise Ltd. Purchase the shares of Rs.750 with a goal value of Rs.750. Godrej Shopper Merchandise Ltd. , The present value of Godrej Shopper Merchandise Ltd. is Rs.717.55 Time interval given by the analyst is Intra Day when Godrej Shopper Merchandise Ltd. value can attain its goal. , Chandan Taparia recommends putting a cease loss at Rs 700.

Godrej Shopper Merchandise Restricted, integrated in 2000, has a market cap of – Rs 73330.75 Crore.

funding logic

Increased top-high backside with sturdy momentum and help for a rising pattern line.

quarterly outcomes

Godrej Consumer Products - July72020


monetary scenario

For the quarter ended March 31, 2020, the corporate recorded consolidated gross sales of Rs 2132.69 crore, down -22.59 per cent from final quarter’s gross sales of Rs 2755.08 crore and -12.22 per cent over gross sales of Rs 2429.68 crore in the identical quarter final yr. is much less. The corporate reported a web revenue after tax of Rs 230.11 crore within the newest quarter.

Promoter/FII Holdings

Promoters held 63.24 per cent stake within the firm as on March 31, 2020, whereas FII held 26.34 per cent, DII 3.1 per cent and Public and Others held 7.32 per cent.

Supply hyperlink