Kotak Institutional Equities has issued a BUY call on Godrej Agrovet (GOAGRO), with a revised fair value target of Rs930 against the current market price of Rs812 as of August 7, 2025.
The Godrej group has exited the pest control service business by selling its entire shareholding in Godrej HiCare to ISS a leading Denmark-based facility services company at a consideration of around Rs 100 crore.
Godrej group flagship, Godrej Industries, had a controlling stake of about 80% in Godrej HiCare, while the balance 20% being held by individuals like A Mahendran, director, Godrej HiCare.