FMCG · GCPL
FMCG - Personal Care
from 880 today
We maintain our BUY rating on GCPL as the recent trade inventory correction and incremental recurring expenses pave the way for better-quality organic growth and richer portfolio outcomes, despite near-term risks and leadership uncertainty.
Management reiterated its FY27 growth guidance despite a planned correction in India channel inventory. We remain constructive on GCPL and reiterate BUY with a TP of INR1,150, based on 35x Sep’28E EPS.
We maintain BUY rating on the stock with an unchanged TP of INR 1,470 based on 46x P/E on 1HFY29 estimates, remaining positive on medium- to long-term outlook.
We recently met GCPL management and reiterate our BUY rating with a lower target price of Rs1,250, driven by a favorable risk-reward outlook despite near-term management uncertainties.
We maintain BUY rating on the stock with an unchanged TP of INR 1,470 based on 46x P/E on 1HFY29 estimates, as management reiterated that the core strategy remains intact following the leadership reset.
We marginally tweak our estimates and maintain BUY rating on the stock with a revised TP of INR 1,470 based on 46x P/E on 1HFY29 estimates.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
