Page 6 - Fmcg Stocks

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

Nestle India slips 4% after posting slightly lower Q2 net profit; Details

Nestle India reported a consolidated net profit of Rs 899.49 crore for the September quarter, compared to Rs 908.08 crore a year ago

Gopal Snacks shares fall over 4% on weak margin, higher expenses

The drop in the share price came after the company's expenses jumped 13.1 per cent year-on-year (Y-o-Y) to Rs 3,649.9 crore in Q2FY25, from Rs 3,227.88 crore in Q2FY24

RBI's caution against inflation may halt rally in FMCG stocks: Analysts

FMCG companies: RBI Governor Shaktikanta Das pointed out that core inflation, which excludes food and fuel prices, was on an uptrend in July and August

Marico gains 4%; hits new high in weak market on stable volume growth in Q2

Marico said consolidated revenue growth remained in high single digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets.

Nifty Pharma, FMCG indices range-bound; Check support and other levels here

The Nifty Pharma Index is currently trading in a defined range between 23,700 and 22,700. This suggests that the market is experiencing indecision, with neither buyers nor sellers dominating.

Mrs. Bectors Food Specialities rallies 10%; stock surges 30% over QIP price

Mrs. Bectors Food on Tuesday, September 10, informed that the company has allotted 2.58 million equity shares to eligible qualified institutional buyers (QIBs) at a price of Rs 1,550 per share.

Hindustan Unilever stock hits new high, up 1%; here's why

The company's board appointed a committee to evaluate the future of its ice cream business and also accorded its approval to explore potential structures and alternatives for the same.

Colgate, Pidilite, Britannia among Nuvama's top consumer bets; here's why

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

Tobacco stock soars 26% in 1 week on 2800% dividend bounty; rises 8% today

BSE analytics reflect that the company's shares have sprinted 164.57 per cent year-to-date, while in the last six months they have yielded a return of 107.94 per cent

Patanjali stock hits new high, up 7% on hopes of higher rural demand

With a strong presence in the hinterland, Patanjali Foods is positive about rural demand moving northwards in the coming quarter.

Crisis in Dhaka: Strategies for stocks of companies related to Bangladesh

Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here's a technical outlook on key stocks from these sectors.

FMCG company Dabur rural business continues to outpace urban in Q1

Harsh summers, cola price wars play spoilsport for juice segment

Colgate shares settle 5% higher after hitting all-time high on Q1 earnings

The company said the quarter witnessed continued demand pickup in rural markets outpacing growth in urban markets for the second quarter in a row

This Reliance group stock has rallied 52% in 9 days; zoomed 120% in 5 weeks

Shares of Lotus Chocolate Company were locked in the upper circuit for the eight straight trading day, up 5 per cent at Rs 1,035 on the BSE as of 12:14 pm on Monday.

HUL sees profit booking after Q1FY25 results beat estimates; down 3%

Analysts said HUL is already at a 52-week high and has seen a sharp up move in the past two months. Thus, they believe that some profit booking in the near term is possible.

Viksit Bharat Budget 2024: ITC jumps 5% as govt keeps sin tax unchanged

The stock price of cigarettes-to-hotels conglomerate was trading at its highest level since July 2023 and was 2 per cent shy from its record high level of Rs 499.60 touched on July 24, 2023.

Zydus Wellness stock jumps 5%; hits 2-year high on hopes of demand recovery

The management sees encouraging signs of industry recovery, with inflation stabilising and margins poised for improvement.

Street Signs: Rural-focused themes in focus, Block deals slow, and more

After record share purchases in recent months, mutual funds (MFs) have eased off the buying pedal

ITC gains 2% in weak market, nears record high; stock up 19% from June low

ITC rose 2% to Rs 479.35, quoting higher for the sixth straight trading day, and was 4% shy from its record high level of Rs 499.60 touched on July 24, 2023.