CLSA has reiterated its “outperform” rating on CG Consumer, setting a target price of ₹500, which implies a potential upside of 34.7% from the current market price of ₹371.40.
The brokerage highlighted the company’s in-line results and emphasized that medium-term growth visibility remains a critical driver for a potential re-rating. CLSA believes the company is well-positioned for sustained growth, supported by improving margins and several strategic levers.
The report underlines the need for consistent performance in both growth and profitability to realize its medium-term potential and drive further upside in the stock.
Disclaimer: This article is for informational purposes only. Please consult a financial advisor before making any investment decisions.
