Citi stays Sell on Trent at Rs 2,733 even as Zudio scale cushions Westside drag
Brokerages refresh consumer calls: Citi retains Sell on Trent (TP Rs 2,733) and Colgate (TP Rs 2,050); CLSA initiates Outperform on LG India at Rs 1,830. Buys flagged on Crompton (TP Rs 400, with 9-10% fan price hikes), Godrej Consumer (TP Rs 1,300, high-single-digit FY27 volume growth) and Pine Labs (TP Rs 235, 21-23% YoY guidance).
What happened
Brokerages refresh calls on Indian consumer names: Citi keeps Sell on Trent (TP 2733) flagging Zudio upside, Sell on Colgate; CLSA initiates Outperform on LG
Key facts
- TP Rs 2733 Trent Sell
- TP Rs 2050 Colgate Sell
- TP Rs 1830 LG India Outperform
- TP Rs 400 Crompton Buy
- TP Rs 1300 Godrej Consumer Buy
- TP Rs 235 Pine Labs Buy
- Pine Labs 21-23% YoY growth guidance
- Godrej high-single-digit FY27 volume growth
- Crompton 9-10% fan price hikes
Why this matters
With CLSA initiating LG India at Outperform and brokers backing Crompton's fan price hikes, expect heightened M&A and partnership interest across appliances and consumer durables adjacencies.