HDFC Securities recommends 'Buy' rating to Godrej Consumer, Radico, Mahangar Gas, Somany Ceramics, 'Add' call for Dabur, Sonata, Sapphire Foods,'Reduce' for HPCL, Kansai, Aptus Value.
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Godrej Consumer Products’ Q4 FY25 results were below brokerage's estimates, owing to the lower-than-expected performance of the domestic business (Ebitda margin contracted 410 bps YoY). Management highlighted inflation in palm oil prices and stress in urban consumption as key reasons for the sub-par performance.