Page 3 - Fmcg Sector

Nestle India tumbles 4%, nears 52-wk low as BoFA downgrades to Underperform

The decline in Nestle's share price came after reports suggested that global brokerage firm BoFA Securities has downgraded the stock to 'Underperform' from 'Neutral.'

Britannia Industries CEO Rajneet Kohli steps down, effective March 14

Kohli joined as Britannia's CEO in September 2022 and previously held leadership roles at Domino's India, run by Jubilant Foodworks, Asian Paints and Coca-Cola Co

FMCG index hits 21-month low; HUL, Marico, Nestle, Dabur down up to 3%

FMCG stocks: In the past one month, the BSE FMCG index has tanked 12 per cent as compared to 7 per cent decline in the BSE Sensex

First in 20 years: HUL to ITC, FMCG stocks lose out in a falling market

Sector weight in Nifty 50 declines to 9.5%, the lowest since 2011

Defensives are back, says Nuvama; bets on Pidilite, HUL, United Breweries

Among the key themes identified in the report is the growing importance of rural markets. Nuvama expects companies with a stronger rural exposure to outpace urban-focused peers in the next 2 quarters

Volume trends in cigarettes, FMCG key to ITC's recovery after weak Q3

Cigarettes and FMCG margin contracted due to inflation in input costs

FMCG sector grew 10.6% in December quarter, says NielsenIQ India

In the same period last year, the sector recorded a growth of 6.5 per cent. It witnessed a growth of 5.6 per cent in the September quarter this year, up from 3.5 per cent in the June quarter

Buy or Sell? This MNC FMCG stock trades at 7-yr support; can fall up to 22%

Nestle India share price has tumbled nearly 23% in the last 4 months, and now trades 5% away from its key long-term support on the monthly chart; the stock has held since November 2017.

HUL Q3 preview: Analysts see muted quarter; PAT may rise 2% YoY, revenue 1%

Analysts and investors will eye HUL's outlook on demand and growth

Q3 results preview: Weak urban demand likely to weigh on FMCG volumes

Persistent weak urban demand could impact firms' performance in Q3FY25

Food inflation continues to play spoilsport for FMCG sector: Kantar report

The per household average spend in the urban market recorded a 13% jump in a year to reach Rs 6,761 this Oct quarter

FMCG stocks rebound; ITC, HUL rally up to 5% from intra-day lows

Thus far in the calendar year 2024, the FMCG index was up 1.4 per cent, as against 13.5 per cent rally in BSE Sensex.

Gopal Snacks share price hits 10% lower circuit after fire at Rajkot unit

The drop in the Gopal Snacks share price came after the company reported a fire incident on December 11 at its Rajkot facility

Britannia stock down 26% from peak, tests 15-year support; Buy or Sell?

In the past two occasions, Britannia share price more-than-doubled after the stock tested its super trend line support on the monthly scale. Will history repeat itself? Chart check here

FMCGs need volume growth, distribution innovation: Pidilite's Bharat Puri

Noting that modern trade and quick-commerce channels are thriving, offering new growth avenues, he said insurgent brands are capturing significant growth by winning the hearts of underserved customers

Slowdown in urban demand hits FMCG growth; rural recovery offers hope

Initial data from NielsenIQ for October shows overall FMCG growth at 4-5 per cent, with volume growth at around 3 per cent and price growth at just 1-2 per cent

Q2 GDP growth at 5.4%: Growth slowdown cyclical or policy-driven?

According to the RBI's assessment, the slow growth in H1FY25 was temporary, attributed to inadequate public spending in Q1FY25 due to the general election and excess rainfall in Q2FY25

Urban demand needs an upward spiral: ITC Executive Director Bhargavan

Company is focusing on multi-dimensional levers to drive growth while staying the course on product launches, says ITC's Executive Director Bhargavan

HUL, Asian Paints: Consumption-related stocks take a hit as inflation bites

Higher inflation and lower purchasing by consumers, it seems, has taken a bite out of consumption-related stocks at the bourses, with most counters losing ground in the last few months

FMCG sector's defensive cloak feels tear of forces in stock market

The sector's stocks fail to shield portfolios in current market selloff