Page 14 - Fmcg Sector

Nestle: Stock offers good opportunity for medium to long-term investors

Strong resilient portfolio, along with recent ready-to-eat launches and focus on rural distribution, indicate good growth potential

BS READS: How Beardo shaped hair grooming biz into an investors' gold mine

Built on an initial investment of mere Rs three crore, Beardo sold at an estimated valuation of Rs 350-400 crore in a two-phased acquisition by Marico

Small firms losing market to big FMCG brands as buyers go for trusted names

Normalcy in operations, push into rural areas aid growth

Jubilant FoodWorks enters FMCG space with launch of ready-to-cook range

The company said online sales of products will shortly start with Amazon (National), Flipkart Supermart (NCR, Mumbai and Bengaluru) and Milkbasket (NCR)

Fast-moving story slides into the slow lane but Britannia bucks the trend

Most players struggle to get back on course, but Britannia emerges stronger

ITC's annual consumer spend across 25 brands crosses Rs 19,700 crore

The firm's annual report mentioned that Aashirvaad had an annual consumer spend of more than Rs 6,000 crore, Sunfeast was at Rs 4,000 crore, Bingo! Rs 2,700 crore, and Yippee Rs 1,300 crore

Mondelez India expands portfolio, gears up to revamp operations

The firm now plans to expand its value-added bakery portfolio that it ventured into recently

Covid-19 impact: FMCG growth to be flat in 2020, says Nielsen survey

Flat growth will be on account of 18 per cent decline in April-June quarter

Top headlines: LIC's portfolio up 34%, gold jewellery demand slumps 74%

Here are the top headlines of the day

Business 24Seven: Store chain clocks 80% rise in business in pandemic

K K Modi Group venture has seen profits grow by double digits since late March, when India went under lockdown to contain the coronavirus.

ITC acquires spice-maker Sunrise in all-cash deal for Rs 2,150 crore

With the transaction, the company has added a 70-year-old brand and a market leader in eastern India to its portfolio

Nestle profit before tax marginally dips to Rs 652 crore, revenue up 1.7%

While revenue for the quarter rose, it was sluggish at Rs 3,050 crore versus Rs 3,000 crore reported a year ago

Havells India to raise Rs 500 cr through issuance of commercial paper

The company had reported a consolidated net profit of Rs 63.98 crore in the first quarter ended June 30

High wastage keeps food companies from ploughing export benefits

The second of a 5-part series looks at the challenges in food export business

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Britannia to pump in Rs 700 crore in 2.5 years, says MD Varun Berry

The domestic biscuits market is estimated to have grown between 15-17 per cent in Q1, led by in-home consumption in urban areas and migrants making their way back to the countryside.

Beauty segment led India's FMCG recovery in June to pre-Covid level

Trend comes as a surprise as consumers remain cautious of spending

FMCG: After decade-low volume performance in Q4, worst yet to come

Q4 was weaker than demonetisation and GST periods, and June quarter is expected to see further pain despite hopes from better rural demand

Covid-19: Here's how FMCG firms are going directly to the consumer

FMCG companies have stepped into the resultant gaps and have started to explore direct-to-consumer distribution channels

Covid-19 crisis: HUL hints at margin pressures, higher operating costs

"Distribution costs have significantly increased and there will be short-term pressure on margins," Sanjiv Mehta, chairman and managing director said.