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SUNFEAST BOUNCE
FMCG firms report single-digit volume growth with better margin in December quarterCompanies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer ...
India's moonshot launches craze for merchandiseIndia's moon landing on August 23 has sparked a surge in demand for space-themed merchandise, with Indian Space Research Organisation (ISRO...
Again, ITC fills room with scent of a hotels demergerAddressing shareholders in the company’s 111th annual general meeting held virtually on Wednesday, Puri said the plans to unlock value for ...
Mrs Bectors IPO subscribed whopping 198 times, receives third-best response everMrs Bectors IPO was sold in the Rs 286-288 price band. It comprised an offer for sale (OFS) of Rs 500 crore and a fresh issue of Rs 40.5 cr...
Mrs Bectors IPO subscribed 11.4 times on Day 2The IPO is being sold in Rs 286-288 price band and comprises an offer for sale (OFS) of Rs 500 crore and a fresh issue of Rs 40.5 crore. In...
Mrs Bectors IPO: Should you subscribe for listing gains? Here's what analysts sayThe IPO will be sold in Rs 286-288 price band and would comprise an offer for sale (OFS) of Rs 500 crore and a fresh issue of Rs 40.5 crore...
Mrs Bectors IPO subscribed nearly 4 times on Day 1The quota for retail investors was filled in 6.83 times, while that for employees’ quota received 9.46 times bids. The portion reserved for...
Mrs Bectors Food Specialities IPO opens today: Here’s what brokerages recommendAnalysts said the company's financials have improved; net debt has declined and free cash flows have turned positive.
Buy ITC, target price Rs 230: Axis SecuritiesBuy ITC Ltd. at a price target of Rs 230.0 .
FMCG sales in fast lane in rural areas; hygiene, immunity products in demandThe firms have started to offer these items in value packs and are also expanding their network in rural and semi-urban markets. "Rural has...
Buy ITC, target Rs 340: ICICI DirectBuy ITC at a price target of Rs 340.
ITC plans to top FMCGs with new launches“To achieve our revenue target of Rs 1 lakh crore by 2030 from the new FMCG businesses, we are strengthening our existing categories and ve...
Yippee top gainer in instant noodlesSeveral lesser known brands such as Joymee, Paam Eatables, Marwari noodles and others too have gained over 2% market share of the Rs 4,000-...
Maggi risks losing 'Rs 2,000 crore brand' tagGive that Maggi noodles are off the shelves temporarily, the Rs 2k crore club is growing stronger with the inclusion of Lifebuoy, Surf, Whe...
Nestle India a classic example of Warren Buffett's strategy of buying business in distress: ExpertsAmid controversies around Maggi, some analysts have turned cautious on Nestle India and see the stock underperform the index in the next 12...
Takeaways from ITC resultsITC Ltd reported a 15.6% jump in net profit at Rs 2,186.39 crore for the fiscal first quarter ended on June 30, on net sales of Rs 9,164.42...
- ITC bakes fresh challenge in bakery battle with Britannia
The bakery battle between ITC Foods and Britannia Industries is set to intensify. ITC’s Sunfeast is poised to mount a challenge where it hu...