By Debdeep Gupta | 25 Apr, 2024
Godrej Consumer stock in green as UBS raises target price by nearly 20%
Shares of Godrej Consumer Products Limited advanced over 1 percent to Rs 1,225 in morning trade on April 25 after UBS increased its target price citing that new products could boost revenue.The international brokerage, which maintained a 'buy' call, has raised the target price to Rs 1,450 from Rs 1,200. The new price target implies a 19.5 percent upside from the previous close of Rs 1,213."We expe...
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parvin 2022-08-15 18:12:16
buy, at good valuation, taget 475 to 500
Login & Reply Like(0) Dislike(0) Repost SpamDEBT_FREE 2022-08-15 17:57:11
buy, at good valuation, taget 475 to 500
Login & Reply Like(0) Dislike(0) Repost SpamRaj Misrhra89 2022-06-20 09:14:45
ENIL LTD, A Times Group company, with 71 percent promoter holding & almost 13 percent with FII, DII and private equity players. Stock is at attractive valuation with Book Value of 160 and CMP of 170. Company is debt free with 230 crore of cash with market cap of 800 crore. As one can see India consumption story is on high growth with advertising revenue on top with tourism fully booked and festive season coming up. Company has also transformed itself into digital company with high growth expectation and media right of IPL sold at such a high valuation. Company is about to launch app where one can listen to radio and its contents anywhere around the world. Enil can be a turnaround story with next 6-8 quarters with high revenue growth and pe expansion. At CMP stock has very limited downside with a target of 350-475-700. Buy with 2 years perspective for good returns.
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