GCPL

GCPL

07.01.2022 - CLSA on GCPL Maintain Outperform Target 1130
21.12.2021 - Jefferies on GCPL Maintain Buy - Target Rs.1190

CLSA ON GCPL : 06.07.2021

• Maintain Outperform, Target at Rs 950/share
• High teen growth in India & strategic actions in Africa frutifying
• Healthy recovery in fragrance & laundry, while hygiene (ex-soap) sales is likely to see moderation YoY

CLSA on GCPL : 06.07.2021

* OP, TP Rs 950
* 1QFY22 biz update: High teen growth in India &strategic actions in Africa fructifying well
* India revenue est: 18% sales growth with 11% branded volume growth
* International business revenue growth of 29% aided by strong growth in GAUM