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Godrej Consumer Products shares tank 10% after CEO’s sudden exit; HSBC downgrades to Hold

AI Summary
  • ·Godrej Consumer Products shares fell 10% after CEO Sudhir Sitapati resigned.
  • ·HSBC downgraded the stock to 'Hold' citing potential uncertainties.
  • ·Aasif Malbari will assume the role of the new CEO.
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