Chandan Taparia of Motilal Oswal Securities has a buy call on Godrej Consumer Products Ltd. with a target price of Rs 750.0. The current price of Godrej Consumer Products Ltd. is Rs 717.55 time period given by the analyst is Intraday when Godrej Consumer Products Ltd. price can reach a defined target. Chandan Taparia recommended keeping a stop loss at Rs 700.

Godrej Consumer Products Ltd., incorporated in 2000, has a market cap of Rs 73330.75 crore.

Quarterly Results:

 

For the quarter ended March 31, 2020, the company reported consolidated sales of Rs 2132.69 crore, down -22.59% from last quarter sales of Rs 2755.08 crore and down -12.22% from the last year's same quarter sales f Rs 2429.68 crore. The company reported net profit after tax of Rs 230.11 crore in the latest quarter.  

Shareholding details:

Promotors held a 63.24% stake in the company as of March 31, 2020, while FIIs held 26.34%, DIIs 3.1%, and public and others 7.32%.