Gillette India - Turnaround Likely To Sustain; Valuation Supportive: Nirmal Bang

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.Key PointsGillette India Ltd.’s momentum in sales has been strong over the last 18 months. The management also emphasised on the turnaround achieved besides commenting on the potential for continued double-digit topline growth, the efforts taken to grow the female shaving business and the foray into appliances through the Braun range February 2022 onwards.Interesting pointers from the analyst meet are:Increase in direct reach by 65% in the last five years,How strongly Gillette Venus has grown (10 times in last 10 years), aided by new launches and category tailwinds,The entire portfolio of Braun likely to be made available on e-commerce,The fact that not only have they grown sales and enhanced market share strongly in the last 18 months, but have also expanded the category, which is their responsibility as the largest player with over 60% market share andOngoing premiumsation in toothbrush where Oral-B is well placed through its premium portfolio..Click on the attachment to read the full report:.P&G - Committed Efforts Underway To Ensure Sustained Growth: Motilal Oswal.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Gillette India - Turnaround Likely To Sustain; Valuation Supportive: Nirmal Bang

Ongoing premiumsation in toothbrush where Oral-B is well placed through its premium portfolio.

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Gillette India - Turnaround Likely To Sustain; Valuation Supportive: Nirmal Bang

Ongoing premiumsation in toothbrush where Oral-B is well placed through its premium portfolio.

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