Page 9 - Fmcg Stocks

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

Analysts bet on these consumption pockets ahead of the festive season

Fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months

FMCG index may see pullback rally; Metal index ripe for profit booking

In the short term, the Nifty FMCG index's first target range is expected to be between 52,000 and 52,175

From Hindustan Unilever to Britannia, FMCG stock rally skates on thin ice

Sector could run out of steam, given sharp slowdown in the industry revenue growth

Elevated inflation trends may dig a deeper hole for FMCG stocks: Analysts

Investors have shunned consumer stocks with shares of HUL, ITC, Britannia, Godrej Consumer, Tata Consumer, and Nestle India dropping in the range of 1-11 per cent in a month

TMSEp506: Chess revolution, onion price, FMCG stocks, Cauvery water dispute

What's behind India's chess revolution? Can govt measures wipe onion price tears? Will inflation concerns take a bite out of FMCG stocks? What is the Cauvery water dispute? All answers here

ITC rises 2% in a weak market as brokerages give thumbs up to Q1 results

The company clocked 16.2 per cent year-on-year (YoY) rise in consolidated net profit to Rs 5,104.9 crore in Q1FY24

Unilever's venture capital arm invests in health & wellness startup

FMCG major Unilever's venture capital arm Unilever Ventures has invested Rs 14.40 crore in health and wellness company What's Up Wellness to ramp up the startup's team and product development. "The (seed) funding round was led by its sole new investor, Unilever Ventures...Notably, this marks Unilever Ventures' first investment in a health & wellness company," Gurugram-based What's Up Wellness said in a statement on Wednesday. The funding round also saw participation from a few of What's Up Wellness' existing investors, it said. "Investment in What's Up Wellness is in line with our strategy of supporting and investing in promising indie brands in the health & wellness space. India presents a large opportunity for the wellness segment and What's Up Wellness, with its innovative and modern formats, aims to capture this fast-transforming market," said Pawan Chaturvedi, Partner-Asia at Unilever Ventures. What's Up Wellness said it will utilise the fresh fund towards ramping up its .

Britannia Industries slips 3% as Q1FY24 results misses Street estimates

The biscuit maker's revenue and profit-after-tax (PAT) 8.4/35.6 per cent year-on-year growth in Q1FY24 were below consensus estimates by 2.4/10 per cent, respectively

Bikaji Foods hits 52-week high, jumps 5% as Q1 net soars 164%

The company posted a 164 per cent YoY surge in Q1FY24 net profit at Rs 41.40 crore, backed by a 15 per cent growth in revenue.

Nestle India cracks 3% as Q2 volume growth came below Street estimates

So far this calendar year, Nestle India has gained over 16 per cent, as against a 9 per cent surge in the S&P BSE Sensex

ITC hotel biz demerger allays capital allocation concerns, say analysts

Some investors may have preferred a vertical split (100 per cent direct). This move will not likely have a big implication for ITC's share price, wrote analysts at Jefferies in a note

Jyothy Labs Q1FY24 result: Profits up 101.7% YoY, revenue rises 15%

The company expects that the government's push towards raising rural incomes will result in a growth in rural consumption which the company is likely to benefit from

Jyothy Labs zooms 19% on strong operational performance in June quarter

EBITDA margins for the quarter improved 710 bps to 17.1 per cent against 10 per cent in a year ago quarter, due to moderating input costs.