Shares of Godrej Consumer Products Ltd’s plummeted more than 8% on Monday after it warned of weaker margin and volumes for the three months to December. After market hours on Friday, GCPL said its India business is expected to report flattish volume growth this quarter. GCPL’s Indonesia business is expected to deliver mid-single digit volume growth in Q3FY25. Meanwhile, GCPL’s …
Godrej Consumer Products Ltd is a beneficiary of the sharp fall in prices of palm oil, a key raw material for the fast-moving consumer goods company. Analysts at Motilal Oswal Financial Services note that even if GCPL spends some of the gains to shore up advertising, the company could see a healthy earnings growth of 25-30% in the next few …
