Page 7 - Fmcg Stocks

FMCG sector weightage in Nifty 50 falls to lowest level since 2010

The Nifty FMCG index has been almost flat since and is up just the 0.3 per cent since the start of the 2024 calendar year

Analysts pick stocks to buy as Sensex hits 80,000; HDFC Bank, ITC top bets

Stocks to buy right now: Despite the Sensex hitting the 80,000-mark, there are ample opportunities within the index

Nestle, VBL, Godrej Cons: Nuvama picks these FMCG stocks on robust outlook

The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24

Gopal Snacks zooms on new product launch; stock falls 17% from issue price

Gopal Snacks stock price surged after the company launched a new product in the wafers category under its brand "Cristos"

BSE FMCG index surges 5%, hits record high; Emami, HUL, Dabur jump over 7%

Analysts expect some populist measures to address rural stress and lift sentiments at the margin, given the nature of the Lok Sabha polls verdict.

FMCG shares gain in weak market; Dabur, Colgate, Marico, HUL surge up to 5%

With improved macroeconomic indicators, enhanced government spending and a favorable monsoon forecast, the upcoming year holds promise for a gradual uptick in consumption sentiment, analysts believe.

Bikaji Foods rallies 9%, nears record high on heavy volumes

Bikaji Foods rallied 9% to Rs 592.95 on the BSE in Friday's intra-day, trading close to its record high level of Rs 604.95 touched on January 30, 2024.

Emami zooms 19%, hits over 2-year high on healthy business outlook

The management expects core brands to deliver a healthy all-round growth going forward, aided by recovery in rural areas, a strong summer and forecast of a good monsoon.

Marico rallies 20% in one month; check key factors behind the sharp up move

With improved macroeconomic indicators, enhanced government spending, a favorable monsoon forecast and moderate retail inflation, the upcoming year holds promise for a gradual uptick in consumption.

Stock trading guide for today: How to approach pharma, FMCG counters?

Technical indicators such as the RSI, MACD, and Stochastic are showing signs of potential correction and underperformance for the Nifty Pharma index

Nestle India shareholders vote against hiking royalty payment to parent

In its report dated May 3, Institutional Investor Advisory Services advised shareholders to vote against the resolution to hike royalty payment to its parent

Nestle India shareholders vote against increase in royalty to Swiss parent

About 70.8% of public shareholders voted against the increase, a filing showed

Breakout stocks: Dabur, ITC top FMCG picks; can gain up to 13%, charts show

Technical outlook on FMCG stocks: Dabur and ITC look stronger on charts compared to its peers HUL, Marico and Godrej Consumer Products.

FMCG industry sees 6.5% growth; rural demand surpasses urban: NielsenIQ

The Indian FMCG industry experienced a 6.5 per cent growth in volume terms at a national level in the January-March period of 2024, with rural consumption surpassing urban for the first time in five quarters, according to consumer intelligence firm NielsenIQ. Both food and non-food sectors contributed to the growth in consumption in the first quarter of 2024, but non-food saw almost double the growth as compared to food, NielsenIQ (NIQ) said in its quarterly snapshot for Q1 2024. The FMCG industry has experienced a 6.6 per cent growth in value, attributed to a 6.5 per cent increase in volume at an all-India level. The volume growth for this quarter was higher than Q1 2023, which stood at 3.1 per cent, it added. NIQ Head of Customer Success India, Roosevelt Dsouza said, "The FMCG industry's growth continues to be driven by consumption trends in Q12024 with rural areas surpassing urban growth for the first time in five quarters." Notably, Dsouza said home and personal care (HPC) ...

FMCG shares in demand; Marico, Godrej, Dabur, HUL rally up to 10%

The rural demand has seen gradual improvement and management of the companies expects visibility on green shoots on the back of better monsoons and higher infra spend by the Government of India.

Q4 impact: Britannia stock up 10%, logs sharpest intraday gain in 18 months

Britannia stock update: Upbeat outlook, healthy dividend triggers sharp rally in Britannia stock. Here's what bokerages say post Britannia's Q4 results.

HUL Q4 results preview: Here's what brokerage expect from the FMCG giant

According to analysts, the company's revenue and profit for the quarter under review may remain little changed as demand trends remain muted

Country's consumer firms gear up to capitalise on a sizzling summer

Cooling systems providers are one of the main beneficiaries of summer, with the season contributing up to 60% of their annual revenue

Dabur India hits 52-week low in firm market on sluggish demand in Q4

In past three days, Dabur has 5.5 per cent after the company said its consolidated revenue in Q4 is expected to register mid-single digit growth.

J&J can contest evidence linking its talc to ovarian cancer, says US judge

Shipp took over the case in February 2023, after the retirement of former Chief District Judge Freda Wolfson, who had overseen the litigation since 2016