Shares of Godrej Consumer Products Ltd. (GCPL) jumped 3% after Goldman Sachs reaffirmed its Buy rating on the stock, maintaining a target price of ₹1,370. Despite a weaker-than-expected Q3FY25 performance, the brokerage views this as a temporary setback in GCPL’s long-term growth trajectory.
Goldman Sachs remains optimistic about GCPL’s prospects, projecting it to be the fastest-growing FMCG company in its coverage for FY26. The company’s Household Insecticides (HI) segment is witnessing strong demand, driven by a newly launched formulation that has helped GCPL gain structural market share. Additionally, in the soaps business, strategic pricing adjustments are expected to counter the impact of palm oil inflation, leading to a margin recovery.
With GCPL’s valuations undergoing a correction, Goldman Sachs sees an attractive risk-reward balance, making it a compelling investment opportunity. As consumer demand remains robust, the brokerage believes that the company’s diversified business segments will drive sustained growth in the coming quarters.
Godrej Consumer Products Ltd (GCPL) shares opened at ₹1,064.55, reaching a high of ₹1,085.60 and a low of ₹1,064.55 during the session. The stock remains significantly below its 52-week high of ₹1,541.85 but stays above its 52-week low of ₹979.50.
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