Shares of Godrej Consumer Products Ltd (GCPL) plunged nearly 10% following a weak mid-Q3 update, with the company warning of margin and volume growth pressures. The announcement raised concerns over demand slowdown in the FMCG sector, leading to a broader decline in FMCG stocks, including HUL, ITC, and Marico, which fell up to 4%. The Nifty FMCG index dropped over 1.5%, making it the top sectoral loser. GCPL shares hit a day's low of Rs 1,120, reflecting investor concerns over the company's performance outlook. Analysts have set target prices for GCPL, including Rs 1260 (Macquarie), Rs 1410 (JPMorgan), and Rs 1450 (UBS). Meanwhile, CEAT shares surged 10% to a record high of Rs 3,444.95 after announcing the acquisition of Camso's Off-Highway Tyre and Tracks business from Michelin in a $225 million all-cash deal. Analysts have expressed optimism about CEAT's growth prospects, with several brokerages maintaining a 'Buy' rating on the stock and target prices of Rs 3450 (Axis Capital) and Rs 4000 (IIFL).