Godrej Consumer Products shares fell 3.3% following a 14.2% YoY drop in Q3 FY25 net profit to Rs 498.31 crore. Revenue from operations grew 3.5% YoY. Challenges included higher palm oil prices and urban consumption slowdown, impacting EBITDA margins. Analysts have a mixed outlook, with reduced target prices and EPS estimates.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the