Name: Latest research reports of Bajaj Consumer Care Ltd. authored by Reliance Securities and published by - Trendlyne research reports.
Item: Bajaj Consumer Care Ltd.
Rating: 5
Author: Reliance Securities

Bajaj Consumer Care Ltd.

NSE: BAJAJCON | BSE: 533229 | ISIN: INE933K01021 | Industry: Personal Products
| Falling Comet

168.3000 4.23 (2.58%)

NSE Mar 24, 2025 13:47 PM

41.75% Fall from 52W High

Volume: 1.1M

High volume today

Bajaj Consumer Care Ltd.

17 Oct 2017

168.30

2.58%

Bajaj Corp - Result Update

Buy: Bajaj Consumer Care Ltd.

Target

Reliance Securities

Bajaj Corp has reported an encouraging set of numbers in 2QFY18, especially on the volume front. Its overall volume grew by 5.1% YoY, while the flagship Almond Drops Hair Oil (ADHO) volume grew by 6.5% YoY, marking the highest growth in the past 8 quarters. While net sales grew by 3.7% YoY to Rs2bn, EBITDA and net profit declined by 13% YoY to Rs583mn and Rs507mn respectively, which can be attributed to higher A&P; and employee cost. Looking ahead, we expect the growth momentum to improve on the back of major recovery in rural demand post normal monsoon, stabilisation of trade post GST roll-out, increased focus on direct distribution and return of pricing power. Expecting 10.6% revenue and 11.2% earnings...

Bajaj Consumer Care Ltd. is trading above its 30 day SMA of 165.9