FMCG’s reputation as a defensive sector has received some serious hammering with stocks falling by up to 21% in the last three months amid muted Q2FY25 earnings, nagging inflation and …
Brokerage Prabhudas Lilladher has slashed its Nifty target by 1.7% to 27,381 and has reduced weight on Reliance Industries, Hindustan Unilever, ITC, and Nestle India in its model portfolio. The …
Shares of FMCG company Nestle India fell by 2.2% to their day’s low of Rs 2,327 on BSE after the company on Thursday reported a consolidated net profit of Rs …
ET Intelligence Group: The Indian arm of the world’s largest foods company Nestle SA disappointed the Street with its subdued September quarter results. At a time when its flagship baby …
Havells India on Thursday reported a 7.5% YoY jump in its profit after tax (PAT) to Rs 267.77 crore for the quarter ended September 2024. The same stood at Rs …
The National Stock Exchange (NSE) on Friday deferred the implementation of same-day transaction settlement or T+0 rolling settlement cycle in the capital market segment. The new date will be announced …
“But overall, the market undertone is very positive and comparatively Bank Nifty is looking way much better than Nifty because in Bank Nifty we have seen very strong breakout and …
The five fast-moving consumer goods (FMCG) stocks in the Nifty 50 index — HUL, ITC, Nestle India, Tata Consumer Products and Britannia — are trading close to their 52-week highs. …
Shares of Reliance Consumer Products-owned Lotus Chocolate surged 10% in the last 2 days to freeze at its upper circuit today at its new all-time high of Rs 772.50 after …
Benchmark indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level amid a largely positive trend in global equities. In today’s trade, shares of L&T Finance, …