Page 13 - Fmcg Stocks

FMCG index hits record high in range-bound market; Dabur, HUL up 2%

RBI governor Shaktikanta Das said that rural demand is recovering as reflected in the pace of tractor and retail two-wheeler sales, with rising farm activity

FMCG index surges nearly 2%; ITC, Dabur, Marico, HUL, GCPL rally up to 6%

Normal monsoons, good harvest & increase in MSP will drive demand in rural markets in the near/medium term, according to analysts.

Nykaa dips 3% a day after CFO Arvind Agarwal quits; stock nears record low

On Tuesday, private equity firm Lighthouse India sold 18.44 million equity shares worth of Rs 336 crore of FSN E-Commerce Ventures through a block deal.

Time to raise high-beta bets as markets eye new highs, say Analysts

Amid moderation in inflation, markets seem to have moved past fears of interest rate hikes and investors are now anticipating strong foreign inflows into domestic equities, analysts said

Britannia investors see 'Good Day' after strong Q2, stock surges 9%

FMCG major has been gaining market share for 38 consecutive quarters now, stands at 15-yr high

Marico slips 7% after profit drops 3% YoY to Rs 307 crore in Q2FY23

The personal products maker said that the decline in profit was mainly due to losses in translation of foreign currency receivables and higher effective tax rate (ETR)

Britannia zooms 10% on robust Q2 revenue growth; enters Rs 1 trn m-cap club

In Q2FY23, Britannia's consolidated sales grew 22 per cent YoY and 19 per cent QoQ at Rs 4,338 crore, aided by a mid-single digit volume growth.

ITC hits new high in a subdued market; zooms 63% thus far in 2022

Post Q2 results, most brokerages have either recommended a 'buy' and an 'accumulate' rating on ITC with target prices in the range of Rs 365 to Rs 405

Dabur to acquire 51% stake in Badshah Masala; stock rises 4%

The management said that the transaction is expected to be Cash EPS neutral in the first year and accretive thereafter.

Financials, IT, FMCG see highest FPI sell-off in first fortnight of October

Overseas funds dumped Rs 4,081 crore worth of shares of companies in the financial services sector, while IT shares worth Rs 1,665 crore were sold, according to data collated by primeinfobase.com

Indices finish in green for 6th straight day; bank, FMCG stocks up

Recovering after a sharp sell-off in later afternoon trade, the 30-share BSE Sensex ended 104.25 points or 0.18 per cent higher at 59,307.15.

ITC hits new high on solid Q2 performance; analysts see up to 16% upside

Analysts believe ITC would continue to grow in its core business of Cigarettes and FMCG with stable taxation & softening of raw material prices.

HUL Q2 preview: Revenue may climb up to 21% YoY in Q2FY23, say analysts

HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23

Nestle India gains 2%, nears 52-week high on strong Q3 revenue growth

The stock of packaged foods company quoted higher for the seventh straight trading day and has rallied 9 per cent during the period.

ITC surges 6% in four days ahead of Q2 results; analysts expect a good show

In Q2FY23, ITC is expected to witness strong growth across segments considering lower sales in the base quarter of cigarettes, hotels & agri business.

Sensex swings 760 pts, ends 200 pts down; Nifty holds 17,200; IT stocks up

CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.

Cash is king! Investing strategies to ride out choppy markets

They turn cautious and prefer defensive bets

Godrej Consumer slips 7% post September quarter business update

The company expects their EBITDA to decline in mid-teens in the September quarter of FY23, due to consumption of high-cost inventory, high marketing spends and weak Indonesia performance

After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?

However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then

Hindustan Unilever gains 2%, hits over 11-month high in a weak market

In the past six months, the stock has rallied nearly 40 per cent, as against 0.34 per cent decline in the S&P BSE Sensex.