Companies in the fast moving consumer goods space are likely to have seen only a moderate rise in revenue in the September quarter, as rural recovery was constrained by high …
India VIX was up by 4.24% from 10.61 to 11.07 levels on Monday. Volatility slightly moved up after the cool-off in the last four sessions and brought some discomfort to …
ITC Ltd, part of the diversified FMCG space, has fallen by about 10% from its July 2023 highs but higher high and higher low formation for the past 3 weeks …
Notwithstanding a lower-than-estimated June quarter revenue posted by ITC, brokerages remain optimistic about the prospects of the FMCG major while estimating a 10-25% upside in the stock. Morgan Stanley revised …
Brokerage firm Nomura downgraded Crompton Greaves Consumer Electrical to neutral while Morgan Stanley remained underweight on Indiabulls Housing, and overweight on ITC. ICICI Securities has a buy rating on PVR …
Equity markets started the week on a sombre note, declining for a second consecutive day as investors turned cautious ahead of the upcoming Fed meeting. Stocks that were in focus …