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FMCG companies bracing for another round of price increases amid inflationDaily-use products such as soaps, detergents, biscuits, packaged foods and beverages are likely to become costlier as FMCG companies prepar...- HUL margins hit by input costs despite volume growthHUL's volume growth exceeded expectations, driven by home care and beauty segments. However, rising input costs pressured margins, leading ...
- HUL to take calibrated price hikes amid cost pressures; demand situation stable: CEO Priya NairHindustan Unilever will implement calibrated price increases to counter rising input costs, focusing on volume-led growth. The company rema...
- FMCG demand shows signs of recovery as GST-led price cuts lift volumes: ICICI BankFast-moving consumer goods (FMCG) companies in India are witnessing signs of demand recovery, supported by recent GST-linked price cuts and...
- GST cuts to boost discretionary spending; FMCG recovery likely in H2: Latika ChopraJPMorgan expects recent GST rate rationalisation to boost consumption, especially in discretionary categories like footwear, apparel, and d...
- FMCG companies experiment with price to combat inflationConsumer goods companies are using various strategies to navigate price elasticity and maintain sales in rural markets. They offer less for...
- ITC stock has risen 67% in the last one year; will it continue its winning streak?Earnings visibility will continue to be better than that of peers, say analysts.
- Consumer demand to stay low, tough times ahead for Indian startupsConsumer perception of the general economic condition continues to be pessimistic as per the Reserve Bank of India's Consumer Confidence Su...
- FPIs up exposure in ITC for first time in 5 quarters. Where is the stock headed?Data showed FPI ownership in ITC, which stood at 13.31 per cent at the end of December 2020, was on a regular decline, only to jump from a ...
- Overweight on ITC, target price Rs 305: Morgan StanleyITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 327860.22 Crore) operating in Tobacco sector.
- SoftBank-backed ElasticRun’s revenue doubles to Rs 1,087 crore in FY21The company, which sells FMCG products to kirana (corner) stores, said it was in “the process of expansion of the distribution network pan-...
- ElasticRun raises $330 mn led by SoftBank, Prosus Ventures, Goldman SachsThe company has tripled its valuation from $400 million to $1.5 billion after the funding round, cofounder and CEO Sandeep Deshmukh told ET.
- FMCG distributors may extend non-cooperation deadline as talks with companies in progressThe All India Consumer Products Distributors Federation (AICPDF), a body that represents dealers and distributors, is in negotiation with s...
- FMCG distributors seek level-playing field with B2B retailersAll India Consumer Products Distributors Federation (AICPDF) has written to FMCG companies against the price disparity between traditional ...
- Add ITC, target price Rs 220: ICICI SecuritiesThe brokerage sees potential market share gains and FMCG scale up and profitability improvement to continue.
- Anti-profiteering Authority sends notices to HUL, P&G and other FMCG CosThe tax rate on most FMCG products was about 15% when GST of 28% was introduced on them, an increase that was not fully passed on to custom...
- Britannia to increase prices "marginally" to beat slowdownBesides marginal price increase, the company would also go for cost optimisation, Vinay Subramanyam, Head (marketing) of Britannia Industri...
- Sugar demand from soft drink makers may fallFMCG companies that buy the sweetener in bulk account for 70% of local sales of sugar. The April June quarter contributes more than 40% ann...
- Auto space, cement, IT, pharma looks attractive: Unicon InvestmentET Now talks to Shrikanth Shetty, Head, Equity Advisory, Unicon Investment Solutions on top stock picks.
- Pockets of robust growth still existAmidst fears of deepening recession, it is heartening to note,there still exist pockets of robust growth in the economy.
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