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Buy Jyothy Labs; target of Rs 530: Sharekhan

Sharekhan is bullish on Jyothy Labs has recommended buy rating on the stock with a target price of Rs 530 in its research report dated May 15, 2024.

MC Graphixstory | FIIs cut stake in frontline FMCG stocks on weak sales growth in Q3

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter's 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

Neutral Jyothy Laboratories; target of Rs 500: Motilal Oswal

Motilal Oswal recommended Neutral rating on Jyothy Laboratories with a target price of Rs 500 in its research report dated February 01, 2024.

Jyothy Labs Ltd. is a holding company, which engages in the manufacture and sale of fabric care, mosquito repellent, surface cleaning, personal care, and incense sticks products. It operates through the following segments: Dishwashing, Fabric Care, Household Insecticides, Personal Care, Laundry Services, and Others. The Dishwashing segment includes dish wash scrubber and scrubber steel, dish wash bar, liquid, and powder. The Fabric Care segment consists of fabric whitener, fabric enhancer, bar soap, and detergent powder. The Household Insecticides segment comprises of mosquito repellent coil, liquid and card, and insect repellent. The Personal Care segment covers body soap, face wash, toothpaste, deodorants, talcum powder, after shave, hand wash, hand sanitizer, and moisturizer. The Laundry Services segment offers dry-cleaning and laundry. The Others segment refers to incense sticks, toilet cleaner, floor shine, and vegetable cleaner. The company was founded by Moothedath Panjan Ramachandran in 1983 and is headquartered in Mumbai, India.

Jyothy Labs Ltd.

Volume	2.75M
52-Wk High	573.85
52-Wk Low	298.00

JYOTHYLAB.NSE Jyothy Labs Ltd.

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