Godrej Consmer Produucts shares climb 2% as ICICI Securities upgrades the stock to a buy, raises target price

Shares of Godrej Consumer Products climbed about 2% intraday after ICICI Securities upgraded the stock to a 'buy' from an 'add' and raised its target price to ₹1,300 from ₹1,150, anticipating double-digit volume growth. The brokerage cited healthy growth in core categories, strong potential in new growth categories, and a structural turnaround in international markets, while raising its FY27 and FY28 EPS estimates by 2.2% and 4.3% respectively. The stock, which hit a 52-week low of ₹967.25 in April 2026, is up nearly 8% so far in July after two consecutive months of decline.