Buy Godrej Industries, target Rs 625: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Godrej Industries Ltd. with a target price of Rs 625.0 . The current market price of Godrej Industries Ltd. is Rs 602.1 Time period given by the analyst is Intra Day when Godrej Industries Ltd. price can reach the defined target.
Kunal Bothra recommended to keep stoploss at Rs 591. Godrej Industries Ltd., incorporated in 1988, is a largecap company with a market cap of Rs 20246.98 crore.

Godrej Industries Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 1526.62 Crore to Sales Value (95.28 % of Total Sales), Dividend which contributed Rs 46.94 Crore to Sales Value (2.92 % of Total Sales), Export Incentives which contributed Rs 15.52 Crore to Sales Value (0.96 % of Total Sales), Licence Fees which contributed Rs 11.23 Crore to Sales Value (0.70 % of Total Sales) and Scrap which contributed Rs 1.86 Crore to Sales Value (0.11 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 2316.91 Crore, down -5.76 % from last quarter Sales of Rs 2458.48 Crore and up 18.76 % from last year same quarter Sales of Rs 1950.84 Crore Company has reported net profit after tax of Rs 147.70 Crore in latest quarter.

The companys top management includes Mr.A B Choudhury, Mr.A B Godrej, Mr.A D Cooper, Mr.J N Godrej, Mr.K K Dastur, Mr.K M Elavia, Mr.K N Petigara, Mr.N B Godrej, Mr.N S Nabar, Mr.S A Ahmadullah, Mr.V M Crishna, Ms.T A Dubash. Company has BSR & Co. LLP as its auditoRs As on 31-03-2018, the company has a total of 336,272,731 shares outstanding.

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