Weightage of MFs as a source of borrowing for MMFSL pretty moderate: Vivek Karve, M&M FinanceThe weightage of mutual funds as a source of borrowing for MMFSL is pretty moderate at about 8.4% as of 31st December
Stocks in the news: RIL, Future Retail, Britannia, HCL Tech, YES Bank, ICICI Lombard and PTC IndiaThe Rs 15,000 crore follow-on public offer (FPO) by YES Bank was subscribed 48 per cent on Day 2 of the bidding process so far.
Not fast and furious, it's a slow turn for consumer companiesLeading consumer goods cos may see lower volume growth even in April-June quarter.
Good monsoon, govt support could revive rural demandForecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos.
How startups take on consumer giantsThe Indian fast-moving consumer goods (FMCG) space, traditionally dominated by multinationals, has spawned 1,300 startups in a very short s...
FMCG companies to extend tax benefits to customers, slash pricesThe companies such as Patanjali, ITC, HUL and Marico are either slashing the prices of goods or increasing the grammage of the product on d...
GST: FMCG companies expect dip in inventory levels, normalcy in Q2The companies, however, expect to overcome the transition issues and the stocks to return to normal levels within the second quarter (July-...
Companies reduce supplies ahead of transition to GSTTransition rules allow dealers to get credit for only 40-60% of excise duty paid on goods that remain unsold in their showrooms on June 30.
- Buy Marico, target Rs 325.0 : Dr CK Narayan
Buy Marico Ltd. at a price target of Rs 325.0 and a stop loss at Rs 312.0 from entry point
- Buy Marico, target Rs 330.0 : Manas Jaiswal
Buy Marico Ltd. at a price target of Rs 330.0 and a stop loss at Rs 308.0 from entry point