HUL at an analyst meet said it expects volumes to grow 7-8 percent in the September quarter.
The mismatch between Zee Entertainment Enterprises Ltd.’s performance and analyst expectations is at its widest in eight years.
The Nifty FMCG Index is the second-best sectoral performer this year.
ITC can gain from a recovery in stock prices of global tobacco makers, says broking firm UBS.
HSBC hiked its 12-month target price on the stock to Rs 800 apiece, implying a upside of over 14% from yesterday’s close.
The FMCG major believes increasing rural demand and the fiscal stimulus will drive growth.
The fast-moving consumer goods maker has launched 39 products in the last couple of years, which is a positive for Nestle India.
A resolution was passed to hike the compensation for three promoters in the company.
Paper stocks surge on earnings boost.
ITC’s EBITDA margins improved to 39.3% in the June quarter.
Overseas funds sold equity and bonds worth $6,910 million so far in 2018.
On completion of the deal, Future Lifestyle Fashions will be the largest shareholder in Koovs.
The NSE Nifty Pharma Index is on track for its best June in 15 years.
Every cloud has a silver lining.
Westlife Development plans to double McDonald’s outlets to 500 by 2022.
The home care segment contributed nearly a third to HUL’s revenue in financial year 2017-18.
The ratio of BSE Midcap index to Nifty has broken a four-year trend because of under performance of mid-cap stocks.
HUL and ITC now have the same market capitalisation for the first time in over thirteen years.
TCS pipped Infosys in nearly everything during the January-March quarter.
Intensifying competition in the premium biscuit segment may now limit its market share gains, says Macquarie.
The stock hit a new lifetime high even as consensus continues to remain bullish.