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Source: Business Standard In the letter, the federation has complained about alleged anti-competitive practices of quick commerce companies and has also sought an investigation. Representative Picture 3 min read Last Updated : Sep 20 2024 | 4:18 PM IST DPIIT, which comes under the commerce and industry ministry, has referred a complaint of alleged…
Source: Business Standard 3 min read Last Updated : Sep 20 2024 | 3:20 PM IST Shares of Hindustan Unilever (HUL) hit a new high of Rs 2,983, gaining 2.5 per cent on the BSE in Friday’s intraday trade amid heavy volumes, on a healthy demand outlook. In the past six months, the stock…
Source: Business Standard 4 min read Last Updated : Sep 20 2024 | 3:24 PM IST After the US Federal Reserve’s supersized rate cut by half a percentage or 50 basis points (bps) late on Wednesday, analysts suggest investors stock up rate sensitives like banks, auto, and real estate. “Our portfolio strategy would…
Source: Live Mint The FMCG sector is expected to post mid-to-high single-digit value growth, led by improvement in volume growth, amid recovery in rural markets, analysts at InCred Equities said. While urban market growth is expected to remain sluggish, rural markets are likely to grow 300 – 400 bps higher in value terms, aiding the…
Source: Live Mint Emami Ltd is gearing up for a better FY25, eyeing double-digit domestic revenue growth after clocking a 4% increase in FY24. So, what’s the game plan? focus on direct-to-consumer (D2C). Emami recently acquired the remaining 49.6% stake in The Man Company for ₹180 crore, cementing its position in the premium male grooming…
Source: Business Standard 4 min read Last Updated : Sep 12 2024 | 12:29 PM IST Shares of Mrs. Bectors Food Specialities hit a record high of Rs 2,009, as they rallied 10 per cent on the BSE in Thursday’s intra-day trade. The stock of the fast moving consumer goods company that majorly manufactures biscuits…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 10:36 AM IST Shares of Hindustan Unilever (HUL) hit a new high of Rs 2,875, gaining 1 per cent on the BSE in Monday’s intra-day trade in an otherwise weak market after the fast moving consumer goods (FMCG) giant on Friday decided…
Source: Live Mint Godrej Consumer Products Ltd’s (GCPL) investors are sitting on handsome gains with the stock rising 46% over the past year, steeper than the Nifty FMCG index’s 23% gain. The fast-moving consumer goods company is taking steps in the right direction, including continuous simplification of its business by reducing its stock-keeping units (SKUs,…
Source: Live Mint Expert Views: Short-term market triggers are likely to be driven by macroeconomic data, said Pradeep Gupta, Co-founder & Vice-chairman, Anand Rathi Group, talking to Mint. He expects 25bps rate cut by the US Federal Reserve and says these expectations seem to be largely priced in by global financial market. He currently favour…
