India’s Heritage Foods posts Q3 profit surge on strong demand for dairy products, ET Retail

Representative image.BENGALURU: India’s Heritage Foods reported a 96% jump in third-quarter profit on Monday, helped by strong demand for its dairy products.The dairy producer’s consolidated profit rose to 269 million rupees ($3.2 million) for the quarter ended Dec. 31 from 137.3 million rupees a year earlier.The average selling price of milk rose 5.2% year-on-year, boosting the company’s revenue from the dairy business – its biggest segment – by nearly…
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Source: https://retail.economictimes.indiatimes.com/amp/news/food-entertainment/grocery/indias-heritage-foods-posts-q3-profit-surge-on-strong-demand-for-dairy-products/107251720

Procter & Gamble Co. stock rises Monday, still underperforms market

Published: Jan. 29, 2024 at 4:34 p.m. ET

Shares of Procter & Gamble Co. PG inched 0.01% higher to $156.16 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.76% to 4,927.93 and the Dow Jones Industrial Average DJIA rising 0.59% to 38,333.45. This was the stock’s third consecutive day of gains. Procter & Gamble…

Shares of Procter & Gamble Co.

PG

inched…
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Source: https://www.marketwatch.com/amp/data-news/procter-gamble-co-stock-rises-monday-still-underperforms-market-398a0a57-6d091a29766b

HC upholds anti-profiteering clause in GST law; setback for HUL, ITC, Reckitt, Nestle and others

Delhi high court has upheld the constitutional validity of the anti-profiteering clause in the GST law, which mandates companies to pass on the benefit of lower taxes and input tax credit to consumers, as per reports. The move is a setback for several companies as the National Anti-Profiteering Authority’s (NAA) order could not be implemented all these years.The list of petitioners included FMCG players ranging from Reckitt Benckiser to Hindustan Unilever, ITC, Nestle, P&G and Patanjali in…
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Source: https://www.storyboard18.com/how-it-works/hc-upholds-anti-profiteering-clause-in-gst-law-setback-for-hul-itc-reckitt-nestle-and-others-21276.htm

Britannia Industries Share Price Live Updates: Britannia Industries Sees Modest Increase in Stock Price, 6-Month Returns Positive

11:15:51 AM IST, 30 January 2024Britannia Industries Share Price Live Updates: Britannia Industries Sees Slight Dip in Price, EMA3 at Rs 5133.73The current price of Britannia Industries is Rs 5134.45, with a slight decrease of 0.05% today. The Exponential Moving Average (EMA3) is currently at Rs 5133.73.10:45:44 AM IST, 30 January 2024Britannia Industries Share Price Live Updates: Britannia Industries Sees Modest Increase in Stock Price, 6-Month Returns PositiveThe current price of…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/britannia-industries-share-price-live-updates-30-jan-2024/amp_liveblog/107245865.cms

Itc share price Today Live Updates : ITC Shares Plummet as Company Faces Major Setbacks

Itc Share Price Today : On the last day, the opening price of ITC was ₹456, and the closing price was ₹455.45. The stock reached a high of ₹456 and a low of ₹447.85. The market capitalization of ITC is ₹561,560.18 crore. The 52-week high for the stock is ₹499.6, and the 52-week low is ₹326.99. The BSE volume for ITC was 335,946 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. 30 Jan 2024, 11:30:13 AM IST Itc January futures…
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Source: https://www.livemint.com/market/live-blog/itc-share-price-live-blog-for-30-jan-2024-11706581850236.html

Heritage Foods Q3 PAT up at ₹Rs 27 crore

Heritage Foods has reported a net profit of ₹27 crore in the third quarter ended December 31, 2023, showing a year-on-year growth of 96.4 per cent. During the quarter, it registered a revenue of ₹941.10 crore, showing a growth of 19.7 per cent.  Also read: Companies that declare results today: January 29, 2024“We continued our strong growth momentum in topline and bottom line in the third quarter of financial year 2023-24, driven by strong volume growth in our valued-added products…
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Source: https://www.thehindubusinessline.com/companies/heritage-foods-q3-pat-up-at-27-crore/article67789853.ece/amp/

HUL’s former CEO Sanjiv Mehta joins the board of Dr Reddy’s Laboratories

Sanjiv Mehta (in picture) bid goodbye to the fast-moving consumer goods (FMCG) Hindustan Unilever and passed on the CEO and MD baton to Rohit Jawa on June 27, 2023. (Image via LinkedIn)Hindustan Unilever Limited’s former CEO and MD Sanjiv Mehta has joined Dr Reddy’s Laboratories Limited as a Non Executive Independent Member of their Board of Directors. He attended his first set of Board Meetings followed by attending the Company’s annual ‘Celebration of Excellence’ event.Dr…
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Source: https://www.storyboard18.com/brand-makers/huls-former-ceo-sanjiv-mehta-joins-the-board-of-dr-reddys-laboratories-21258.htm

ITC, GAIL India, Bajaj Finance, Marico, Macrotech Developers, Cholamandalam Q3 Results Review: HDFC Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

HDFC Securities Institutional Equities

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Source: https://www.ndtvprofit.com/amp/research-reports/itc-gail-india-bajaj-finance-marico-macrotech-developers-cholamandalam-q3-results-review-hdfc-securities

Colgate Palmolive India share price Today Live Updates : Colgate Palmolive India sees gains in trading today

Colgate Palmolive India Share Price Today : On the last day, Colgate Palmolive India’s stock opened at ₹2490.05 and closed at ₹2492.2. The stock reached a high of ₹2533 and a low of ₹2490. The company’s market capitalization is ₹68,703.57 crore. The 52-week high for the stock is ₹2579.85 and the 52-week low is ₹1434.6. The BSE volume for the stock was 4454 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.


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Source: https://www.livemint.com/market/live-blog/colgate-palmolive-india-share-price-live-blog-for-30-jan-2024/amp-11706583090873.html