India Investment, Stocks, Credit Card and Retail Forum
Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => Sensex and Nifty Company Analysis => Topic started by: sunil on March 27, 2015, 06:56:45 PM
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BofA ML Analysts in a note on Godrej Consumer Products Ltd said,
We thin that GCPL can maintain a strong margin driven momentum in 4Q as a result of: 1) a robust show sustaining in the domestic business with better profitability, 2) strong constant currency growths in global businesses with higher margins but 3) adverse impact from currency. We expect GCPL's consol. revenue / EBITDA / PAT growth at 10% /19%/ 18% YoY.
We reiterate our Buy rating with price objective unchanged at Rs1,290.