Results on January 30: Larsen & Toubro, Dr Reddy’s Laboratories, Bajaj Finserv, PB Fintech, Arvind, Astral, Adani Total Gas, Blue Star, Cochin Shipyard, Coromandel International, Gillette India, JBM Auto, J Kumar Infraprojects, KEC International, KPIT Technologies, Mahindra & Mahindra Financial Services, Piramal Pharma, Keystone Realtors, Shyam Metalics and Energy, SRF, Strides Pharma Science, Star Health and Allied Insurance Company, Symphony, Triveni…
Read More…
Net profit up 16% to Rs 386 crore, revenue falls 2%
Story continues below Advertisement
Marico Ltd on January 29 reported a consolidated net profit of Rs 386 crore for the October-December quarter, a growth of 16 percent from Rs 333 crore in the year-ago quarter.
Total revenue of the company stood at Rs 2,422 crore, falling two percent from Rs 2,470 crore in the year-ago quarter, the FMCG company…
Read More…
Nestle announces another round of layoffs at Solon campus
SOLON, Ohio — Nestle says it will layoff hundreds of workers at its factory in Solon, just months after another round of layoffs were announced.The company said in a statement Monday afternoon that 216 employees would be laid off because of changes Nestle was making to optimize its business. Most of the workers’ last day would be in May. The factory currently employs 780.Nestle also announced 77 layoffs in November, which happened after Nestle reorganized its corporate teams that also…
Read More…
Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News
India’s steel majors seeking govt intervention to control raw materials prices | Commodities Corner
India’s Steel Majors Are Seeking Govt Intervention To Control Raw Materials Prices. Mills has flagged issues in the price discovery process of coking coal by international players and has reportedly asked the government to push for a “more realistic” price discovery mechanism. Steel makers,…
Read More…
Source: https://www.moneycontrol.com/
Colgate-Palmolive Analysts Increase Their Forecasts Following Upbeat Earnings By Benzinga
© Reuters. Colgate-Palmolive Analysts Increase Their Forecasts Following Upbeat Earnings
Benzinga – by Avi Kapoor, Benzinga Staff Writer.
Colgate-Palmolive Company (NYSE: CL) reported upbeat fourth-quarter financial results.
Colgate-Palmolive reported fourth-quarter FY23 sales growth of 7% year-on-year to $4.95 billion, beating the analyst consensus estimate of $4.89 billion. Base Business (non-GAAP) EPS of 87 cents beat the analyst consensus of 80 cents.
“We leveraged our strong…
Read More…
Analyst Envisions Upswing In 2024 Guidance With Ample Growth Opportunities By Benzinga
© Reuters. Colgate’s Bright Smile: Analyst Envisions Upswing In 2024 Guidance With Ample Growth Opportunities
Benzinga – by Lekha Gupta, Benzinga Editor.
Raymond James analyst Olivia Tong upgraded Colgate-Palmolive Co (NYSE:CL) to Outperform from Market Perform and announced a $91 price target.
The analyst is bullish on the stock following strong fourth-quarter FY23 earnings and the introduction of the 2024 outlook.
The oral care giant reported fourth-quarter FY23 sales growth of 7%…
Read More…
INFOOD TECHNOLOGIES EXPANDS AQUAPONICS PORTFOLIO WITH ENHANCED CLASSROOM PRODUCTS, MICROFARMS, AND COMMERCIAL SYSTEMS
Himalaya Technologies, Inc.Pittsburgh, PA, Jan. 29, 2024 (GLOBE NEWSWIRE) — Himalaya Technologies, Inc.’s (OTC: HMLA; “Himalaya”) Infood Technologies, Inc. unit (“Infood”; https://www.infood.tech/) has substantially expanded its aquaponics offering by adding new features for K12 customers and by introducing microfarms and commercial systems. The additions allow Infood to target larger customer orders including K12 schools seeking to introduce broader classroom training and offer…
Read More…
Source: https://finance.yahoo.com/news/infood-technologies-expands-aquaponics-portfolio-110000406.html
Carnation adds nutritional smoothies | Food Business News
HOBOKEN, NJ. — Carnation Breakfast Essentials, a Nestle SA brand, is releasing Breakfast Essentials Fruit & Protein smoothies, a new line of nutritional beverages.The drinks feature strawberry, banana and apple purees, equivalent to 1/3 cup of fruit, along with 5 grams of protein per 8-oz serving and 21 vitamins and minerals. The product is designed to support brain, bone and immune health and supplement key nutrient deficiencies in the diets of most children between 4 and 18, according to…
Read More…
Source: https://www.foodbusinessnews.net/articles/25435-carnation-adds-nutritional-smoothies
ITC gross revenue at Rs 17,483 cr for Q3 represents 2.1% YoY growth (Ld)
New Delhi, Jan 29 (IANS) Amid a challenging macro-economic and operating environment and high base effect in some of its operating segments, ITC Limited delivered resilient performance during the quarter ended December 31, 2023.Advertising AdvertisingITC’s gross revenue stood at Rs 17,483 crore, representing a growth of 2.1 per cent YoY (excl. Agri Business: up 3.9 per cent), while PBT (before exceptional items) at Rs 6,731 crores grew by 0.8 per cent YoY. Its PAT grew…
Read More…
Marico, Bajaj Finance, Piramal Enterprises: Stocks to watch on Tuesday ,Stocks News, Business News
Stocks to watch on Tuesday, January 30: Domestic benchmark equity indices Sensex and Nifty rebounded sharply on Monday, surging nearly 2 per cent, on heavy buying in Reliance Industries and a rally in Asian markets. The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57. The Nifty climbed 385 points or 1.80 per cent to 21,737.60.
Here are some stocks that will be in focus on Tuesday, January 30:
COMMERCIAL BREAKSCROLL TO CONTINUE READINGResults on January 30:…
Read More…