Court held crackle is not intended for direct consumption by users but as an industrial input
Sector could run out of steam, given sharp slowdown in the industry revenue growth
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
Apart from making the B2B app user-friendly for retailers, the FMCG major is looking to expand Samadhan, which cuts delivery time to just a day
Numbers show subdued overseas demand for services, gradual recovery in consumer demand and the impact of high interest and inflation
By innovating in terms of product, promotions, and packaging, and keeping prices low, these local brands have grabbed a share of the pie from their larger counterparts
Thus far in calendar year 2023, the share price of ITC has appreciated by 48 per cent, while HUL's stock price has gained 1.3 per cent and the Sensex 8.8 per cent, respectively.
Margin gains going ahead is a key positive
Sensex, Nifty post biggest loss since March 13
The S&P BSE Sensex crashed over 1,000 points to hit day's low of 66,534 levels, while Nifty50 crashed 279 points to day's low of 19,700 levels
Fast-moving consumer goods markets are recovering gradually although the operating environment remains "challenging," CEO Rohit Jawa said
Stocks to watch on July 21, 2023: From Reliance Industries to Infosys, check out the top stocks to watch in Friday's trading session
Total expenses were higher at Rs 12,167 crore as compared to Rs 11,531 crore in the same quarter a year ago, the company said
Closing Bell on July 20: The market discovered price of Jio Financial Services as Rs 261.85 per share, much higher than estimates
Stocks to watch on July 20, 2023: From Reliance Industries to Hindustan Unilever, check out the top stocks to watch in Thursday's trading session
HUL Q1FY24 preview: As per brokerages, earnings before interest, tax, depreciation, and amortisation (Ebitda) margins is likely to expand up to 63 basis points (bps) YoY to 23.4 per cent
Hindustan Unilever, Burger King share laurels in third edition of Kantar's creative effectiveness awards
Approximately 205 managers at HUL received an annual income surpassing Rs 1 crore, compared to 153 managers in the previous financial year
At the bourses, shares of HUL surged 25 per cent in March 2022-23 period, as against 0.7 per cent rise in the S&P BSE Sensex, during the same period
Top Stocks to Watch on June 6, 2023: Adani Group said it has made a full prepayment of $2.15 billion of loans that were taken by pledging shares in the conglomerate's listed firms