The Nifty FMCG index settles 2.02 per cent higher after marking its biggest single-day gain in nearly two years on upbeat corporate earnings despite an all-round selloff in larger markets on Tuesday, May 7. Fast-moving consumer goods (FMCG giants) including Hindustan Unilever Ltd (HUL), Marico, Britannia Industries, Nestle India, and ITC logged impressive gains in the range of 5-10 per cent…
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Category: ITC
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ITC’s Savlon Swasth India Mission launches new campaign with Ogilvy on global Hand Hygiene Day
Kainaz Karmakar and Harshad Rajadhyaksha, CCOs, Ogilvy India, add, “Over the years, we have created meaningful and powerful messaging for Savlon Swasth India Mission. As part of this broader task, the film is a disruptive and memorable way to make people aware of this insightful truth, and hopefully impact positive handwashing behaviour.”On Global Hand Hygiene Day this year, ITC’s Savlon Swasth India Mission harnessed an everyday insight of how our hands, through the day, meet and greet…
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Top Stock Recommendations: Sagar Doshi of Nuvama suggests ITC, TCS, and M&M Financial Services today
Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, began Wednesday’s session in negative territory, signalling a cautious start to the stock market on Wednesday. Investor caution in the face of persistent uncertainty meant that the muted global handover signalled another dull day for Indian markets.
FMCG index gains most in nearly two years; What is working for HUL, Marico, Dabur and GCPL
The Nifty FMCG index is trading with gains of 2.5% on Tuesday, marking their biggest single-day gain since July 2022. 12 out of the 15 index constituents are trading with gains.Stocks like Marico, GCPL, Dabur are trading with gains between 4% and 10%, while Hindustan Unilever shares are up over 3.5%, the most in nearly five months. This is the best single-day gain for HUL in 2024. So what is working for these companies? Likely Recovery In Rural Rural is a key segment for FMCG companies and…
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FMCG Shares Soar At Dalal Street As Demand Exhibits Recovery, Nestle Dabur And HUL Among The Gainers
Major FMCG companies and their shares appear to be on the rise, after a slump, that was noted on the first day of the trading week on Monday, 7 May. While Sensex opened flat on 7 May, marquee FMCG and consumer product players including Hindustan Unilever, ITC Nestle India, Marico, Dabur and Britania are trading in green with tangible gains in the early hours of the trading session on 7 May.
Shares of FMCGs Jump This surge is being attributed to an ostensible recovery in…
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FMCG shares in demand; Marico, Godrej, Dabur, HUL rally up to 10% | News on Markets
3 min read Last Updated : May 07 2024 | 10:39 AM IST
Shares of fast moving consumer goods companies (FMCG) were in demand and rallied up to 10 per cent on the BSE in Tuesday’s intra-day trade in an otherwise subdued market on improved outlook.
Marico, Godrej Consumer Products, Dabur India, Hindustan Unilever, Bajaj Consumer Care, Colgate-Palmolive (India), ITC, Nestle India and Britannia Industries stocks rallied between 2 per cent and 10 per cent. At 10:20 am; the S&P BSE FMCG…
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ITC share price: BAT unlikely to bat on the board of ITC’s hotels biz
ITC’s soon-to-be-demerged hotel business won’t have any board representation of its largest shareholder, BAT, according to the company’s demerger document sent to shareholders. An industry executive aware of the plans said this indicates BAT doesn’t have any interest in hotel business and may sell its stake in ITC Hotels after company gets listed in 4-6 months.BAT will directly own 15.32% in ITC Hotels as foreign direct investment, making it the largest public shareholder after ITC’s…
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New plastic waste management rules to benefit ITC, hit Nestle and Britannia: Kotak Equities
Regulations governing recycling and reuse of plastic packaging may hurt consumer plays such as Britannia Industries, Colgate Palmolive India and Nestle India while benefiting ITC, Ganesha Ecosphere, EPL, and Uflex, according to Kotak Institutional equities.The new rules, which could put India ahead in the global league in terms of handling plastic waste problems, will increase the packaging costs of consumer staple companies, Kotak. On the other hand, plastic recyclers and innovative…
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3 Bonus, 1:10 Split, 625% Dividend: FMCG ITC Is Short-Term Money Making Stock, 31 Analysts Give Buy, RS 470 TP – Goodreturns
3 Bonus, 1:10 Split, 625% Dividend: FMCG ITC Is Short-Term Money Making Stock, 31 Analysts Give Buy, RS 470 TP GoodreturnsItc share price Today Live Updates : Itc closed today at ₹436.25, down -0.65% from yesterday’s ₹439.1 MintITC Share Price Today Live Updates: ITC Trades at Rs 434.90 with 0.94% Decline Today, SMA7 at Rs 433.44 Economic TimesItc share price Today Live Updates : Itc closed today at ₹439.1, up 0.8% from yesterday’s ₹435.6 MintITC Stocks Live Updates: ITC Sees…
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Six of top 10 valued firms take Rs 68,417 crore hit in mcap; Airtel, LIC, ITC biggest laggards ,Markets News, Business News
The collective market capitalisation of six of the top ten most valuable companies slipped by Rs 68,417.14 crore in the past week, with Bharti Airtel and Reliance Industries taking the biggest hit.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGWhile Reliance Industries, Bharti Airtel, Life Insurance Corporation of India (LIC), Infosys, ITC and Hindustan Unilever were the laggards, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India emerged as the gainers.
Last…
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