Shares of food delivery and quick-commerce major Eternal rose as much as 9.3%, hitting a day’s high of Rs 298.50 on the BSE on Tuesday, after global brokerage Jefferies added the stock to its India model portfolio, replacing Godrej Consumer Products. Jefferies described Eternal as an “FPI favourite”, citing strong growth and steady margin improvement […]
Godrej Consumer Products Ltd. has guided for double-digit growth in October-December as disruptions brought on by GST reforms eased. Godrej Consumer Products retails FMCG goods, which have seen a reduction in GST rate to 5% as part of a rationalisation move in 2025. (Handout) “We remain confident of a gradual improvement in consumption over coming […]