The disappointing FMCG performance could see recovery on better consumption since ITC has historically enjoyed industry-leading growth in several FMCG category drivers
ITC vs HUL stock: HUL seems technically favourably placed as per the strength shown by the momentum oscillators; the stock also witnessed a 'Golden Crossover' recently, shows the daily chart.
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.
Despite muted earnings in Q1FY26, analysts remain cautious on Dabur stock. However, there is potential for outperformance as earnings growth recovers in the coming quarters
Technically, Hindustan Unilever looks the strongest for now, while ITC is seen trapped in a trading range for more than a year.
Shares of Titan fell 5% after its jewellery domestic revenue in the first quarter came in less than expected
Jubilant FoodWorks shares fell 3% on Monday as Domino's Turkey reported a decline of 2.2 per cent in LFL growth
Dabur shares rose 4% on Monday, even as its consolidated revenue is expected to grow in low-single digits due to a decline in beverage sales
The highlight of the quarter was volume growth recovering sequentially and expected to be at 9 per cent in Q1FY26, which is the strong start to the fiscal.
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Garre tells that improving macro conditions and lower earnings risk make this a good time to start evaluating bottom-up opportunities in quality midcaps
ITC shares dropped 4.13 per cent to ₹413 (adjusted for dividend) in Wednesday's intraday trade on the NSE following a large block deal.
According to reports British American Tobacco (BAT) is considering further reducing its stake in ITC in a potential on-market sale.
The Sensex settled at 81,721.63, up 769.09 points or 0.95 per cent, while the Nifty50 closed at 24,853.15, gaining 243.45 points or 0.99 per cent.
ITC's stock rose as much as 1.98 per cent after it reported a multifold increase in its profit for the fourth quarter
Net revenues stands at ₹ 129.97 crore, grown by 10.39%
LT Foods stock was quoting at ₹370.75, up 2.06 per cent from previous session's close of ₹363.25 on the NSE
Jyothy Labs reported a revenue from operations of ₹667 crore, up merely 1.1 per cent from ₹660 crore in the year-ago period
Shares of Privi Speciality Chemicals hit a new high of ₹2,185, soaring 11% in Thursday's intra-day trade. The stock has recovered 56% from its March low of ₹1,368.15 on the BSE.
Marico expects gradually improving growth trends in the core categories on the back of moderating trends in retail and food inflation as well as the promise of a healthy monsoon season.