Page 20 - Fmcg

FPIs raise bets on FMCG stocks; prune holdings in energy and IT

In July, they were net-buyers after nine consecutive months of selling

FMCG volumes recover in urban India in April-June, decline in rural: Report

Customers buying smaller packs as both traditional kirana shops and modern supermarkets clock business: NielsenIQ

Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox

The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed

Consumer firms hint at a breather from price hikes as costs decline

According to economists, inflation is likely to ease by October as the monsoons have been progressing well with the cumulative rainfall being 9 per cent above the long-term average up to July 12

Blue collar workers up demands as firms prep for festive season: Report

In 2022 an all-time high number of temporary jobs ranging from 5,00,000-5,50,000 is expected to be created during the festive season

Strong growth seen in sales in India during H1CY22, says Unilever CEO

"Of our three priority markets, the USA and India again grew strongly, while sales in China were affected by the lockdowns in the second quarter," said Unilever CEO Alan Jope.

Adani Group to invest $70 bn in green energy, infra: Gautam Adani

Group leads the make India a net exporter of clean energy, says billionaire in speech to shareholders

FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri

ITC launched 110 products in FY22 to mark its capacity for innovation, he says

Hindustan Unilever warns of higher prices as costs pressure margins

High commodity prices forced the India unit of Unilever to raise prices across its main segments, including household care, skin and hair cleansing products, in the quarter ended June

Hindustan Unilever Q1 results: Net profit rises 11% to Rs 2,289 cr

'During the quarter, our turnover grew 19% with underlying volume growth of 6%. We continued to grow significantly ahead of the market, gaining value and volume market shares,' says the FMCG major

ITC stock puffed up over stable tax regime, steady volume recovery

Better capital allocation and valuation make it a preferred choice amid a volatile environment

Powered by FMCG, auto stocks; indices snap four-day losing streak

Tata Steel, Power Grid, HCL Technologies, Wipro, Dr Reddy's and Axis Bank were the laggards

Spices to soaps: Prices of consumer items have spiked up to 32% in a year

There has been a double-digit year-on-year increase in the prices of most spices, with branded coriander costing 16.9 per cent more in June this year than a year ago

Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO

'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'

Farm to Fork: Food firms wait for commodity prices to cool further

The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers

Price hikes likely to drive FMCG firms' revenue in April-June quarter

Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth

BSE FMCG Index nears new high as falling input prices spark optimism

Rural demand another reason for buoyant sentiment towards FMCG stocks

FMCG distribution legend Bhau Phansalkar passes away: An obituary

'Bhau Saheb' was not globally famous, but was among the pioneers who built HUL and the FMCG industry between the 1950s and the 1970s

Inflation continued to 'hit hard' FMCG industry in June quarter: GCPL

The country's FMCG industry continued to be "hit hard by inflation levels" leading to successive price hikes as well as impacting volumes during the three months ended June, according to Godrej

ITC hits highest level since May 2019; stock soars 10% in 6 days

ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions