Views on Godrej Consumers 4QFY2014 result - Angel Broking

Views of Mr. V. Srinivasan (Research Analyst - FMGC, Angel Broking) on Godrej Consumers 4QFY2014 result:

"For 4QFY2014, Godrej Consumers' (GCPL) posted a lower than estimated 12.2% yoy growth in top-line to Rs. 1,924cr. However, OPM was higher than estimates at 17.4% due to lower other expenses. The company's bottom-line rose by 13.5% yoy to Rs. 232cr aided by superior operating margins. We maintain a neutral rating on the stock."

Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.799.95 as compared to the previous close of Rs. 797.8. The total number of shares traded during the day was 12035 in over 1274 trades.

The stock hit an intraday high of Rs. 805 and intraday low of 792. The net turnover during the day was Rs. 9626549.

Source : Equity Bulls

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