GCPL

GCPL

MACQUARIE ON GCPL : 15.06.2021

* Maintain Outperform, Target at Rs 1,040/share
• New CEO's experience with focused approach to help GCPL growth
* FY23/24 EPS up 3%/8% to factor in these tailwinds
* GCPL is among our top picks in the consumer space
• GCPL is in Macquarie India's Opportunities portfolio
* Leadership change to drive turnaround