GODREJ CONS

GODREJ CONS

CLSA ON GODREJ CONS : 05.08.2021

* CLSA maintains OUTPERFORM call on Godrej Cons, target at Rs 950/sh
* Margin Pressure In India Offset By Better Margin Show In International
* Earnings Growth Of 38% Aided By Higher-than-expected Other Income
* Gross Debt Expanded By *300 Cr Against Guidance Of A Reduction
* Working Capital Days Expanded To 23 Days
* MAINTAIN OUTPERFORM TARGET: 950