Bajaj Consumer Care target price now pegged at Rs 355 by Sharekhan
Bajaj Consumer share price: Sharekhan has maintained a Buy Rating with a revised price target of Rs 355. Sharekhan says Bajaj Consumer Care posted strong performance in Q4FY2021 due to 40% growth in revenue to Rs 246 cr (inline with Sharekhan’s expectation and street expectation, which was Rs 244 crore) and 120% growth in PAT to Rs 53.9 cr (inline with street expectation of Rs 53.7 cr and better than Sharekhan’s expectation of Rs. 43.3 cr)
Sharekhan says that Rural India maintained its strong growth momentum with 61% growth, while urban has shown recovery with 23% growth in Q4 FY2021: Image taken from companies website