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Godrej Consumer Products - Jigsaw falling in place; retain top pick status - ICICI Securities

Godrej Consumer Products - Jigsaw falling in place; retain top pick status - ICICI Securities
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MX Player entered the short video race with the launch of MX TakaTak when the Indian audience was looking for a TikTok alternative. It was just one aspirant among a bunch of homegrown apps that were looking to fill the void created by the abrupt ban on Chinese-origin apps..................... Read More. Sun TV Network is donating a sum of Rs 30 crores to provide relief to those affected by the second wave of the Covid2019 pandemic. The donated amount will be spent on several initiatives currently underway in various states of India including, proceeds to the various programmes initiated by the Centre and state governments................... Read More.

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HUL veteran Sitapati to head Godrej Consumer

File picture of Hindustan Unilever Limited MUMBAI: Hindustan Unilever’s (HUL) foods and refreshments leader Sudhir Sitapati is joining Godrej Consumer Products (GCPL) as MD and CEO. Nisaba Godrej, who had taken on the additional role of MD mid-last year after Vivek Gambhir quit, will continue as executive chairperson of GCPL. GCPL said the leadership change will be effective October 18, 2021. The company said Sitapati’s appointment will enable GCPL to leverage his significant experience in building sustainable and profitable businesses to guide the growth strategy in future. Nisaba, daughter of Godrej Group patriarch Adi Godrej, said: “Sudhir’s values-based leadership style also makes him a great fit with the Godrej culture. I look forward to his partnership in unlocking the amazing potential of our company and leading its next phase of growth.”

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Godrej Consumer shares rally nearly 25 pc after Q4 earnings

Godrej Consumer shares rally nearly 25 pc after Q4 earnings Godrej Consumer shares rally nearly 25 pc after Q4 earnings NEW DELHI, May 12: Shares of Godrej Consumer Products on Wednesday zoomed nearly 25 per cent after the company reported a 59.13 per cent increase in its consolidated net profit for the fourth quarter ended March 2021. The stock after starting the trade on a bullish note further rallied 24.86 per cent to Rs 894 its 52-week high on BSE. On NSE, it jumped 24.54 per cent to its 52-week high of Rs 892. FMCG major Godrej Consumer Products Ltd (GCPL) on Tuesday reported a 59.13 per cent increase in its consolidated net profit to Rs 365.84 crore for the fourth quarter ended March 2021.

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Market gives thumbs up to Godrej Consumer - The Hindu BusinessLine

Market gives thumbs up to Godrej Consumer May 12, 2021 Stock jumps 22% as analysts expect re-rating soon Shares of India’s Godrej Consumer Products Ltd. zoomed 25 per cent on Wednesday, after the company has appointed Sudhir Sitapati, former Executive Director of Hindustan Unilever. While appointing Sitapati as MD and CEO, the company said, Nisaba Godrej, currently the Chairperson and Managing Director of the company, will continue to serve as Executive Chairperson. The stock jumped to day’s high of ₹894.90 on the BSE and closed a tad lower at ₹874.80, up 22.19 per cent, over the previous day s close. Meanwhile, Hindustan Unilever shares slipped 3 per cent at ₹2,329.05.

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