Godrej Consumer stock hits near 4-year low as inventory reset and investments weigh

Godrej Consumer Products shares fell up to 5 percent on Thursday to their lowest level in nearly four years, driven by investor concerns over inventory correction, higher investments, and input costs. The stock traded around Rs 869, down about 4 percent, with the company losing roughly 30 percent in 2026 versus the Nifty 50's 8.5 percent decline. The selloff followed new CEO Aasif Malbari's analyst meet, where plans to halve general trade inventory to 10 days from 20 days, involving Rs 125-150 crore, raised near-term growth worries. Brokerages were mixed, with CLSA cutting its target to Rs 743, while Morgan Stanley and Nomura remained more positive. The company reiterated FY27 targets of high-single-digit India volume growth and double-digit consolidated growth, planning Rs 200 crore annual investments in R&D, marketing, and distribution.