Godrej Consumer shares fall 11% as Q3 business update leads to target price cuts
Shares of Godrej Consumer on Monday fell up to 11% to the day’s low at Rs 1,102 on BSE after a subdued Q3 business outlook shared by the FMCG firm made brokerages reduce their target prices. In its Q3 business update, shared with investors well before the end of the December quarter, Godrej Consumer said…
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godrej consumer shares: Godrej Consumer shares tumble nearly 5% as Q1 standalone PAT falls 6% YoY. Brokerages remain positive
Shares of Godrej Consumer Products (GCPL) fell 4.5% to its dayβs low of Rs 1,433 on BSE on Thursday after the company reported a 5.8% year-on-year (YoY) fall in standalone net profit to Rs 367.84 crore for the June quarter, following which the brokerages still remain positive on the stock, raising target prices up to…
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