Nomura maintains 'Buy' on Godrej Consumer Products, target price Rs 1,300 after strong Q1 update
Nomura has maintained its 'Buy' rating on Godrej Consumer Products (GCPL) with a target price of Rs 1,300 after the company's June quarter business update came in ahead of expectations.The brokerage said consolidated revenue growth is likely to be in the "high-teens y-y" (around 16-17%), exceeding…