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Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 1:57 PM IST Gopal Snacks Q2 results impact: Fast moving consumer goods (FMCG) company Gopal Snacks shares dropped as much as 4.37 per cent to hit an intraday low of Rs 420.15 per share. The drop in the share price came…
Source: Live Mint Hiren Ved, director and chief investment officer at Alchemy Capital Management, noted that investors are increasingly moving away from traditional FMCG stocks. “They are turning to aggregators and e-commerce platforms, particularly quick commerce, which sell both discretionary as well as non-discretionary consumer items as it provides a better proxy for growth as…
Source: Business Standard FMCG stocks may ride through this near-term investor anxiety 4 min read Last Updated : Oct 10 2024 | 7:01 PM IST RBI on inflation: The Reserve Bank of India (RBI)’s caution on inflation, highlighted during the October monetary policy meeting, may put investors’ faith in fast moving consumer goods (FMCG) stocks…
Source: Live Mint — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am. Eight US Army Apache helicopters flew over the Iraqi–Saudi Arabian border and bombed some Iraqi radar sites. Five minutes later, 24 US Air Force fighter jets attacked airfields in Western Iraq. At 3 am local time, 10 more stealth attack jets raced…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 5:56 PM IST Dabur India’s (Dabur’s) share price slipped 8 per cent to Rs 571.25 in intraday trade on Thursday, hitting a four-month low on the BSE, after the management said it expected consolidated revenue to decline in mid-single digits in…
Source: Live Mint For ayurveda-based consumer goods giant Dabur India Ltd, the just-concluded September quarter was a washout. While demand saw some improvement, adverse weather conditions, including heavy rainfall and floods, hurt out-of-home consumption, especially for beverages, Dabur said in a business update. In reaction, the stock fell by nearly 7% in afternoon trade on…
Source: Live Mint Indian Stock Markets: The first half of FY25 has seen the Benchmark Nifty-50 index gain 14.91% . Against these handsome returns given by the benchmark, Nifty Consumer Durables Index , Nifty Auto Index, Nifty FMCG index, Nifty PSE Index and Nifty Pharma index are the top 5 outperformers. Key outperformers Nifty Consumer…
Source: Business Standard Indian shares hit record highs at open on Thursday, helped by gains in information technology and consumer goods companies. Image: Bloomberg 1 min read Last Updated : Sep 26 2024 | 10:37 AM IST Indian shares hit record highs at open on Thursday, helped by gains in information technology and consumer…
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…
