by newsworm | Jan 2, 2025 | Britannia, FMCG, Godrej, Hindustan lever, Marico
Goldman Sachs expects most consumer goods companies to experience a slowdown in volume growth and a decline in gross margins due to increased costs. Leading FMCG players like Tata Consumer Products, Godrej Consumer Products, Hindustan Unilever, and Britannia... by newsworm | Jan 2, 2025 | FMCG, Hindustan lever
Hindustan Unilever Limited rose 1.2% in Indian trading hours on Thursday, outperforming the broader Nifty 50 index. This came as investors welcomed the consumer goods company’s strong quarterly results, which revealed a 22% increase in net profit over the same... by newsworm | Jan 2, 2025 | FMCG, Jyothy Laboratories
HDFC Securities has reaffirmed its high-conviction “buy” rating on Jyothy Labs, citing its robust performance during the pandemic-driven wave of sanitizers and liquor hand sanitizers. The investment firm believes Jyothy Labs is well-poised to sustain its... by newsworm | Jan 2, 2025 | FMCG, PG
The Procter & Gamble Company (PG) has a median rating of “moderate buy” from analysts, based on a basket of 25 reviews from Wall Street analysts. This consensus rating indicates a moderate level of optimism regarding the company’s future... by newsworm | Jan 2, 2025 | Emami, FMCG
Emami, an Indian consumer goods company, is reportedly in advanced talks to acquire a 100% stake in The Man Company, a popular men’s grooming brand. The acquisition is expected to be a strategic move by Emami to expand its presence in the men’s grooming... by newsworm | Jan 2, 2025 | FMCG, Hindustan lever
Hindustan Unilever (HUL), a leading Indian consumer goods company, fell on Wednesday, underperforming the market. The stock price declined by 2.3% to close at Rs 2,454.85, outperforming the benchmark S&P BSE Sensex, which gained 0.5%. The decline in HUL’s... by newsworm | Jan 2, 2025 | FMCG, ITC
The FE Green Sarathi Summit and Awards, 2024, brought together experts to discuss sustainability. S Sivakumar, Head of Sustainability Initiatives and Social Investments at ITC, shared his insights on making sustainability a core part of business strategy. He... by newsworm | Jan 1, 2025 | FMCG, ITC
ITC Hotels is set to demerge from its parent company ITC Limited, with the company announcing that it will transfer its stake in certain companies to ITC Hotels (ITCHL) starting from January 1st. The demerger aims to separate the hotel business from the fertilizers... by newsworm | Jan 1, 2025 | FMCG, Patanjali
Patanjali Ayurved, a company founded by Baba Ramdev, has signed a memorandum of understanding (MoU) with three Farmer Producer Organizations (FPOs) in Bahraich to promote turmeric cultivation. The partnership aims to market around 45,000-50,000 tons of turmeric... by newsworm | Jan 1, 2025 | Amul, FMCG
Amul, an Indian dairy cooperative, celebrated the onset of 2025 with a new year doodle featuring its iconic “Amul Girl” character. The doodle showed the Amul Girl enjoying slices of bread with Amul butter spread on it. The caption read “Here’s...