FMCG Company in NIFTY NEXT 50 Index Announces 1000% Dividend Payout; Record Date Set for May 14th, 2024

Godrej's 1000% Dividend Surprise

Brokerage firm Investec is optimistic about prospects.

Top choice for investors seeking strong returns.

Financial Snapshot

Q4FY24 net loss resulted in 6% increase in operations revenue.

Interim dividend declared for FY 2024-25, showcasing shareholder commitment.

Company Details

Investec Rating for Godrej Consumer Products

Increased target price to Rs 1,431, indicating confidence in future performance.

Maintains Buy rating due to leadership in staples sector.

Godrej Consumer Products Historical Performance

Offers stability and potential for long-term investors.

Consistent growth in share price and dividends.

Outperformed market benchmarks in the past decade.

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