In the latest trading session, market dynamics reacted positively to global cues, leading to a buoyant opening; however, the struggle to maintain this upward momentum has cast a shadow on overall sentiment. Notably, Godfrey Phillips India Ltd., a prominent player in the FMCG sector, has emerged as a standout performer, showcasing remarkable resilience by surging …
Cometh the moment, cometh the stocks As we speak, the Omicron BF.7 variant from China seems to be knocking at our door once again. As an investor, this might be a cause for concern – you may not want to risk your funds suffering from another pandemic-induced crash and yet you probably do not want …
The Nifty index experienced a volatile day, initially opening with a gap down but later rallying higher. However, it eventually lost all the gains during the afternoon session and closed around the opening levels. It recorded a decline of 62.60 points, ending at 18,285.40. Similarly, the S&P BSE Sensex followed a similar pattern, dropping …
Patanjali Foods, formerly known as Ruchi Soya, is a significant player in the FMCG industry, having been established in 1986. It specialises in producing and extracting edible oils and is recognized as a pioneer in the field of soya-based foods. Following its insolvency in 2019, Patanjali Foods was acquired by Patanjali Ayurved, a company led …
The Nifty FMCG index touched a milestone of 50,000 mark for the first time since its inception on Friday, May 26, 2023. The index went from strength to strength and marked a fresh all-time high of 58,850.25 on May 29, 2023. The Nifty FMCG Index is designed to reflect the behaviour of FMCGs Indian companies …
Company Overview Founded in 1884, Dabur India Ltd. stands as a stalwart in the fast-moving consumer goods industry. Based in Ghaziabad, India, the company operates across diverse segments, including Consumer Care Business, Foods Business, and Others. Its extensive product portfolio encompasses home care, personal care, health care, packaged fruit juices, beverages, and culinary items. Market …
Godrej Consumer Products Limited(GCPL), a publicly traded entity with a market capitalization of Rs.1,23,817 Crores, operates within the fast-moving consumer goods (FMCG) sector. The company specializes in the manufacturing and marketing of a wide range of household and personal care products. Markets Bullish On April 25, the stock of Godrej Consumer Products Limited rose by …
Marico Ltd reported a steady performance in Q4FY24, with year-on-year growth in several key financial areas. Total sales for the quarter reached Rs 2,278 crore, reflecting a marginal 1.69% increase compared to the same period in the previous year. This sales growth contributed to a healthy earnings before interest, depreciation, and tax (EBIDT) of Rs …
On April 15, 2024, Life Insurance Corporation of India (LIC) informed in a stock exchange filing that the company had increased its shareholding in Hindustan Unilever Limited (HUL). Details of the Acquisition Life Insurance Corporation of India has increased its shareholding in HUL from 11,74,63,555 equity shares to 11,77,18,555 equity shares, i.e., 4.99% to 5.01% …
On Tuesday, Nifty opened gap up and witnessed strong profit booking to trade around day’s low. The FMCG sector registered a breakout on weekly charts and traded higher from the last few days. On Tuesday, too, some FMCG sector stocks were doing quite well and one stock from the same sector is on the verge …
