New Delhi, April 8 -- Since the West Asia war began, Godrej Consumer Products Ltd's (GCPL) shares had dropped nearly 18% till Monday when it announced its March quarter (Q4FY26) business update. The shares have gained about 8% in the past two trading sessions.

Margin pressures, given the higher palm oil price, seem to be worrying investors. The management's outlook on margin should bring some comfort. GCPL, in its update, said with prices of Brent crude at $100-110 per barrel and palm oil at Malaysian Ringgit 4500-4800 per tonne, it expects a cost hit of 6-9% going into FY27. The company will offset this through price hikes, cost savings, and media optimization.

GCPL believes elevated costs augur well for formalization of demand in sele...