Page 8 - Fmcg Stocks

Growing interest: FMCG, telcos on foreign portfolio investors hot list

Analysts said large part of the flows into the FMCG sector were due to the block deal in ITC, where the British American Tobacco (BAT) sold a 3.5 per cent stake for around Rs 17,000 crore

Further correction could make the FMCG sector valuations attractive

FMCG growth is tied to semi-urban and rural demand. Metro and large city demand is almost saturated. Growth comes from smaller places

Nifty FMCG declines 2%, HUL hits 52-week low: What's behind the selling?

The Nifty FMCG index declined 1.7 per cent to 52,940 level in the intraday trade, dragged by Nestle India (down 3.3 per cent), Colgate Palmolive (3.25 per cent), Godrej Consumer Products (3 per cent)

P&G India appoints Kumar Venkatasubramanian as CEO effective May 1

Current CEO LV Vaidyanathan resigns after 28 years at P&G

Gopal Snacks makes disappointing debut; lists 13% below its issue price

Post listing, the stock hit a high of Rs 378 and a low of Rs 342 in early deals on the BSE.

Brokerages see up to 25% upside for ITC post BAT stake sale

With today's sharp rally, technically ITC is seen trading close to its long-term moving average on the daily charts.

Hindustan Unilever hits fresh 52-week low; brokerages share mixed outlook

Analysts at Emkay Global Financial Services believe demand slowdown, competitive pressure, distribution stress, and rising royalty rates are likely to have an overhang on HUL's valuations.

BAT stake sale, tax overhang: 4 reasons why Jefferies has downgraded ITC

Jefferies downgraded the stock to 'hold' from 'buy' earlier with a target price of Rs 430, down a huge 17.3 per cent from its earlier price target of Rs 520.

Will ITC break Rs 400-mark as BAT mulls stake sale? Here's what chart say

Technically, the stock seems placed unfavourably on multiple parameters. However, a pullback cannot be ruled out, as it trades in oversold zone too.

Hindustan Unilever slips 3%; hits 2-month low post December quarter results

The company said weak rural consumer sentiment and delayed winter were behind its underwhelming performance.

Indian markets slip 1% amid global jitters, FMCG index declines 1.5%

Weakness in finance stocks, nervousness ahead of Q3 results, valuation concerns weigh on sentiment

Marico, Godrej Consumer slip up to 6% post December quarter biz update

Godrej Consumer Products slipped 6 per cent to Rs 1,149 as the company expects mid-single digit volume growth on a consolidated basis in Q3.

Top FMCG makers expect low to mid-single-digit volume growth in Q3

Leading FMCG makers are expecting a low to mid-single-digit volume growth in the October-December quarter, with an improvement in consumer demand on a sequential basis. Consumer demand from the rural market is lagging, though the urban markets stayed steady in the third quarter as exhibited in the September quarter, said leading listed FMCG firms such as Dabur, Marico and Godrej Consumer Products in their quarterly updates. Companies are optimistic of a gradual uptick as early signs of revival in consumption are visible with improving trends in volumes. Besides, the makers also expect expansion in the gross margins on a year-on-year basis helped by moderating inflation as prices of key inputs such as copra and edible oil prices remained at lower levels and crude derivatives also exhibited some downward bias. This will help FMCG makers channelise more funds towards advertising and promotions. "A significant portion of gross margin expansion will be channelled into enhancing adverti

Nestle India slips 2% on profit-booking; trades 1:10 ex-stock split

The stock had rallied 19 per cent since October 19, 2023, after the company announced a stock split.

TMS Ep595: Alcohol in GIFT City, FMCG stocks, Amrit Bharat Express & more

Can alcohol lift GIFT City's spirits? Who were the top business personalities of 2023? Will rural distress continue to dent FMCG stocks in 2024? What is the Amrit Bharat Express? All answers here

Tata Coffee, TCPL surge 4%; hit new highs on fixing record date for merger

Tata Coffee, Tata Consumer and its wholly-owned subsidiary TCPL Beverages and Foods merger to be effective from January 01, 2024; Record date for share swap set as January 05.

HUL's growth checkout: Navigating the low-volume aisle in Q3 FY24

Facing a 7% dip against a soaring Sensex, FMCG major's stock outlook raises caution, with investors eyeing volume recovery, pricing manoeuvres, and margin dynamics for cues

Can Dabur hold its long-term 15-year old support? Chart check here

Dabur has been trading with a negative bias for more than a month, further its alleged involvement in the illlegal betting app may dent sentiment. However, support at Rs 517 is the key, shows chart.

ITC slides to a 5-month low; stock down 5% in 3 days post Q2 results

ITC was quoting at its lowest level since May 23, 2023 and has declined nearly 15% from its record high level of Rs 499.60 touched on July 24.

TMS Ep546: Twitter paid service, mission to moon, FMCG stocks, NCLT & NCLAT

Can paid Twitter help clean up the bot mess? What will it take for an Indian to land on the moon? Is it time to bottom fish FMCG stocks? What are NCLT and NCLAT? All answers here