Consumption stocks: With RBI cutting repo rate and CRR amid easing inflation, consumer sentiment is expected to improve. Find out which consumer stocks could benefit the most and top stocks to buy
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.
Among key performers in the portfolio, Parachute coconut oil posted 22 per cent YoY value growth with 1 per cent volume decline, due to price hikes
Marico share price today: Marico's stock was quoting at ₹721.70, up 3.43 per cent on the National Stock Exchange
HUL, Nestle and Tata Consumer stocks are seen trading on a divergent note after reporting Q4 earnings; technical charts suggest these stocks can potentially rally up to 15% from present levels.
UBS expects consumer sector to rebound in fiscal 2025-26 (FY26). Prefers Hindustan Unilever (HUL), Britannia, GCPL, Colgate, Trent and others; suggests selling Asian Paints, Dabur
An Axis Securities note provides a sector-wise distribution of stocks trading above key Exponential Moving Averages. EMAs give more weight to recent prices, making them more responsive to new triggers
Apart from testing the 200-DMA, Nestle has also retraced 38.2% of the recent fall. Chart shows key hurdle for the stock at ₹ 2,400 levels; here are the other key levels to track.
The RBI MPC, on Wednesday, unanimously decided to cut the repo rate by 25 basis points, bringing it down to 6 per cent, from 6.25 per cent earlier.
On March 31, 2025, ITC had signed a Business Transfer Agreement to acquire the pulp and paper undertaking of Aditya Birla Real Estate Limited. Analysts view this development as a positive.
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.'