NEWS ON CONSUMER
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May 13, 2022, Friday
Emami posts consolidated net profit of Rs 354 crore on hefty MAT credit
Revenue for the quarter under review was Rs 770 crore, a 5 per cent rise over the topline of Rs 730 crore in January-March 2021
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May 13, 2022, Friday
Inflation: Your soap or cookies may not be getting pricier but lighter
Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel
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May 12, 2022, Thursday
Consumer durables to see 3%-5% price hikes amid costlier imports: Industry
The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry ...
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May 11, 2022, Wednesday
Kansai Nerolac slips 6%, hits 52-week low as Q4 PAT declines 81%
The management said the quarter witnessed impact in terms of demand for decorative business on account of the steep price increase taken towards ...
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May 11, 2022, Wednesday
Asian Paints Q4 results: Net profit flat at Rs 850.4 cr, revenue up 18.7%
The paints major saw its revenue increase 18.7 per cent to Rs 7,892.7 crore in the quarter
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May 10, 2022, Tuesday
Uncertain growth outlook may be a drag on Marico in the near term
Stable price outlook for inputs such as copra, however, is a positive
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May 10, 2022, Tuesday
Top headlines: SBI to raise up to $2 bn in FY23; Asian Paints Q4 net slips
Business Standard brings you the top headlines on Tuesday
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May 10, 2022, Tuesday
Cera to invest Rs 200 crore in sanitaryware, faucetware expansion
Expansion plans includes a greenfield sanitaryware plant and a brownfield faucetware unit
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May 10, 2022, Tuesday
Asian Paints Q4 results: Net profit declines marginally to Rs 850 cr
Consolidated sales increased 20.6% to Rs 7,890 cr in Q4FY22, the company said on Tuesday
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May 10, 2022, Tuesday
Dabur hits 52-week low; slips 10% in one week on disappointing Q4 results
The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon ...
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May 10, 2022, Tuesday
Dixon Technologies hits 52-week low, stock down 19% in six trading days
The stock has been under pressure despite the company clarifying that there is no adverse impact on the business of the company due to the ED ...
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May 10, 2022, Tuesday
Uncertain growth outlook across key categories may be a drag on Marico
However, some brokerages are cautious about growth trends though the company is better placed than peers on the raw material front
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May 06, 2022, Friday
75% of Nifty50 stocks trade below 200-DMA; look weak on the charts
Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent ...
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May 06, 2022, Friday
ITC outperforms benchmark on strong earnings hope; stock up 2%
ITC will announce its Q4 results and declare final dividend on May 18, 2022.
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May 04, 2022, Wednesday
Dixon Technologies tanks 14% in 2 days; stock nears 52-week low
The Enforcement Directorate, on Saturday, "seized" over Rs 5,551-crore worth fund of Chinese mobile manufacturing company Xiaomi for violating ...
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May 04, 2022, Wednesday
Titan slips 3%, hits over three-month low on weak March quarter results
Titan's jewellery division's revenue growth trajectory disappointed due to the dual impact of Omicron Covid variant in Jan and a sharp rise in ...
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May 03, 2022, Tuesday
Titan Q4 net profit falls 7% to Rs 527 cr, sales dip 1.14% to Rs 7,267 cr
Tata group firm Titan Company Ltd on Tuesday reported a 7.21 per cent decline in its consolidated net profit at Rs 527 crore in the fourth ...
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May 03, 2022, Tuesday
Burman family may become the sole promoter of Eveready Industries
The Burmans - who have been buying into Eveready since 2019 and became the largest shareholder in July 2020 - have made it clear that their ...
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April 29, 2022, Friday
Voltas, Blue Star: Trading ideas for consumer durable stocks amid heat wave
Blue Star is in a long term bull trend and may continue to remain a favorite for market participants.
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April 28, 2022, Thursday
Hindustan Unilever stock races ahead on Q4 show, market share gains
A normal monsoon, higher crop realisations and government measures for the segment will be critical for demand improvement going ahead.
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April 28, 2022, Thursday
How Eveready, on the cusp of change, is trying to regain its mojo
Over the past decade, a change in consumer choice swept through the battery industry - the walkman lost its mojo, smartphones overtook cameras ...
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April 28, 2022, Thursday
HUL better placed to fight inflation; negatives priced-in stock: Analysts
While analysts see near-term margin compression, on expected lines, due to rise in commodity prices, they believe HUL is relatively better ...
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April 28, 2022, Thursday
Hindustan Unilever gains 4% post strong March quarter results
In Q4FY22, the country's largest FMCG major saw net profit climb by 5.4 per cent year-on-year (YoY) to Rs 2,304 crore, compared to Rs 2,186 ...
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April 27, 2022, Wednesday
HUL Q4 standalone net up 8.6% to Rs 2,327 crore, net sales rise by 10%
The company's board has recommended a final dividend of Rs 19
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April 26, 2022, Tuesday
HUL Q4 preview: Volume, PAT likely to drop on demand slowdown, say analysts
HUL Q4 preview: Analysts lack consensus on the net profit change from last year. However, all estimates showed that it will likely fall between ...
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April 25, 2022, Monday
Eveready posts loss in March quarter, initiates steps for 'quick' recovery
Firm is also undergoing a change of control, with the Burman Group intent on taking charge
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April 25, 2022, Monday
Tech view: Will Indonesia's palm oil export ban hurt HUL, Adani Wilmar?
Among FMCG stocks, Adani Wilmar seems to be better placed at current levels as per the technical charts.
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April 25, 2022, Monday
HUL, Britannia, Marico drop up to 6% as Indonesia bans palm oil exports
Palm oil is used in products like cooking oil, processed foods, cosmetics and biofuels.
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April 22, 2022, Friday
United Breweries to gain from volume recovery, easier regulations
Margins, however, could remain under pressure due to high barley, glass prices
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April 21, 2022, Thursday
ITC plans to broaden dairy portfolio, tap Bengal's 'low' milk availability
Per capita availability of milk in West Bengal is 'low', one-third of the national average of 427 grams per day, a company official said
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April 21, 2022, Thursday
Mylo raises $17mn in series led by ITC, W Health Venture, Endiya Partners
ITC picks 10 per cent stake in company to expand its presence in the mother-and baby care segment
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April 18, 2022, Monday
Burmans scale up holding to 20.07% in Eveready via open market purchases
A disclosure to the stock exchanges on Monday showed 88,683 shares translating to 0.12 per cent were bought on April 13 by Burman Group entities
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April 12, 2022, Tuesday
KRBL, Whirlpool may have bottomed out, upside likely, says Mehul Kothari
According to the technical analyst from Anand Rathi, KRBL has been trading in a range of Rs 180 to Rs 340 since the last two years.
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April 11, 2022, Monday
ITC hits over 2-year high on strong earnings hope; up 25% thus far in 2022
Analysts expect ITC to report a relatively stronger quarter, with the improvement in cigarettes and other divisions and lesser margin pressure ...
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April 08, 2022, Friday
ITC gains 4% to hit 52-week high; stocks surges 24% in 6 weeks
For Q4FY22, Motilal Oswal Financial Services expects ITC to post a 4 per cent growth in Cigarette business volumes with a 4.1 per cent/12.4 per ...
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April 08, 2022, Friday
Stocks to Watch: Banks, Asian Granito, M&M, Tata Steel, Telecom, SWRE
Rate sensitive related shares such as auto, banks, NBFCs and realty are likely to be in limelight owing to the RBI policy on Friday.
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April 07, 2022, Thursday
Weak sentiment, gold price volatility take sheen off Titan Company
Most brokerages are positive on the long term prospects of the stock
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April 07, 2022, Thursday
Titan Company down 3% as Jewellery biz crawls in Q4 amid rising gold prices
The plain jewellery category bore the brunt of gold volatility in March 2022 leading to a slight decline for the quarter
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April 05, 2022, Tuesday
Symphony bets on e-commerce, D2C for resurgent summer sales of air-coolers
The world's largest manufacturer of air-coolers is not only witnessing a spike in share of e-commerce platforms such as Amazon and Flipkart in ...
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April 05, 2022, Tuesday
Over half of Nifty500 stocks trade above 200-DMA; analysts see more upside
Nifty 50 is back to 18,000, still half of Nifty 500 stocks trade below 200-DMA
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April 05, 2022, Tuesday
Here's why Mehul Kothari recommends buying L&T Infotech, Symphony
According to the technical analyst from Anand Rathi, Symphony may give decent gains in the coming 3 to 4 weeks.
