India is her favourite economy in emerging markets. This company is the largest growing consumer staples company. They have 3 divisions; homecare, personal care and (?) Care. Initially started out building their domestic business, and then became global. They’ve made a few tactical acquisitions in Indonesia, South Africa and Latin America. They are now roughly 50% India and the rest is other geographies. Not cheap, but none of the consumer product companies in India are. Dividend yield of 0.36%. (Analysts’ price target is INR 1634.67)
Godrej Consumer Products is a OTC stock, trading under the symbol GODREJCP-NSE on the (). It is usually referred to as or GODREJCP-NSE
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In the last year 0 stock analysts on Stockchase covered Godrej Consumer Products. The stock is worth watching.
On , Godrej Consumer Products (GODREJCP-NSE) stock closed at a price of $.
(A Top Pick Feb 2/17. Up 14%.) You can think of this as a Unilever or Procter & Gamble of India. Very basic consumer goods. The stock is not cheap, but what she always finds in India is that when you want to buy the secular consumer theme, you have to pay up. She tries to find the ones with a moat.