CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.
Stocks to watch today: Tata Consultancy Services (TCS) will kick off India Inc's July to September (Q2FY23) earnings on Monday, October 10; HUL, GCPL slashed prices of soap products by up to 15%
Indian FMCG giant's m-cap is touched $77 billion as compared to $115 billion of Unilever that holds 62 per cent in HUL
Falling raw material prices expected to help margins recover in Q3
Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market
HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre
Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures
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CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively
HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.
I remain confident that as a country, we will be able to navigate through this crisis there: HUL Chairman Nitin Paranjpe
Country going through probably the most difficult economic situation, says chairman
The HC ruled that Sebamed's advertising campaign is disparaging
Over 10 stocks slipped below their 200-DMA on Tuesday after the Nifty50 broke below its sentimentally important level of 16,400, while the Sensex lingered near 55,000-mark
While the company will continue to drive savings 'harder', it will also take calibrated price increases but foresees a decline in margins in the short term.
HUL stopping marketing to youngsters is welcome
As of 06:50 AM, the SGX Nifty April futures quoted at 17,066. According to analysts, the April series has been one of the most volatile series for the Nifty in recent times. The options data.
Revenue up 10% to Rs 13,468 cr, FY22 sales top Rs 50,000 cr