Godrej Consumer Shares Up 2.4%: Nuvama Sees 26% Upside, Here’s Why Investors Are Bullish 📈🚀

• 📊 Stock Performance: Godrej Consumer shares climbed 2.4% to a high of ₹1,187.90 after Nuvama maintained its Buy rating following a pre-quarterly business update. The stock is now about 23% below its 52-week high of ₹1,541.85.
• 🔍 Nuvama’s Outlook: Nuvama expects a 26% upside based on its positive business update, which aligns with their expectations. The brokerage estimates an 8.5% YoY growth in the Indian business’ value, and 5% YoY domestic volume growth—surpassing their earlier estimate of 3-4%.
• 🏠 Home Care Growth: The Home Care segment is expected to see 14% YoY volume growth, with HI (Household Insecticides) likely growing 10% YoY, aided by a soft base and expected recovery after Q3 FY25’s decline.

Investors remain optimistic about Godrej Consumer’s strong performance! 📊💡