Stocks to buy: Motilal Oswal's research desk recommends HDFC Bank, Delhivery, Tata Consumer Products and others; check full list here
At 11:15 AM; BSE FMCG index, the sole gainer among sectoral indices, was up 1 per cent, as compared to 0.5 per cent decline in the BSE Sensex.
Q1 results fell short of Street estimates. Strong growth in the company's core tea and salt businesses failed to offset the sluggish performance in its growth portfolio, dragging down overall numbers
Early monsoon and unseasonal rainfall this year in most parts of the country have impacted the topline of beverage makers in the June quarter. This has not only impacted sales of the cola brands but also traditional milk-based beverage products, such as lassi, shakes, flavoured milks, and buttermilk. Interestingly, the beverage makers had early volume gains in 2026 as summer arrived early. They had stocked inventory and channels in anticipation of a repeat of last year's bumper sales. However, by mid-April, intermittent rainfall started hitting southern and western India, impacting overall which sales from early May. The Coca-Cola Company Chairman and CEO James Quincey, in the latest investors' call, said the company got a "hit by some early monsoon in India", in the June quarter, which is the important selling season in the country. The company had a good start in the quarter, but early arrival of monsoon impacted it, said Quincey. "In India, after a strong start to the year, vo
Group firms undertook capex and investments of over Rs 4.5 trn, says chairman of conglomerate
Tata Consumer Products Q1 review: In the June quarter (Q1FY26), Tata Consumer Products registered a 15 per cent jump in the consolidated net profit; here's what brokerages recommend
Technical charts hint at a likely positive bias for Dr Reddy's stock, while a negative outlook for Tata Consumer. Bajaj Housing Finance is likely to remain range-bound.
Driven by strong growth in tea, salt and Tata Sampann, Tata Consumer Products posted Rs 334 crore profit in Q1, with coffee up 67 per cent and foods revenue rising 14 per cent
Net profit came in at ₹334 crore ($38.7 million) for the quarter ended June, compared with analysts' average estimate of ₹356 crore, according to data compiled by LSEG