Page 3 - Fmcg Stocks

Cash is king! Investing strategies to ride out choppy markets

They turn cautious and prefer defensive bets

Godrej Consumer slips 7% post September quarter business update

The company expects their EBITDA to decline in mid-teens in the September quarter of FY23, due to consumption of high-cost inventory, high marketing spends and weak Indonesia performance

After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?

However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then

Hindustan Unilever gains 2%, hits over 11-month high in a weak market

In the past six months, the stock has rallied nearly 40 per cent, as against 0.34 per cent decline in the S&P BSE Sensex.

Mkts settle modestly lower in volatile trade; Bajaj Finserv biggest laggard

After rising over 320 points in intra-day trade, the 30-share BSE Sensex pared all gains to settle 48.99 points or 0.08 per cent lower at 59,196.99.

Deflating commodity costs to aid FMCG firms in H2FY23: Analysts

With commodity prices deflating from their March peak levels, analysts expect the margin profile across consumer goods companies to improve going ahead.

FPIs raise bets on FMCG stocks; prune holdings in energy and IT

In July, they were net-buyers after nine consecutive months of selling

Britannia Q1 revenue may rise up to 15% YoY; 2% dip in PAT seen: Analysts

Analysts, on average, expect the company to post a 2 per cent drop in core profit-after-tax (PAT) to Rs 378 crore in Q1FY23 from Rs 387 crore in the year-ago period.

ITC can double from current levels; HUL, Marico may hit new highs

The current chart formation is akin to 2011, provided ITC ends August on a positive note. Post which, the stock can potentially double from current levels.

Strong Q1 earnings propel ITC to a fresh 3-year high, stock gains 3%

Analysts believe ITC would be able to continue to grow in high single digit in cigarettes & log a double-digit growth in all the other segments going forward.

Hindustan Foods hits new high post 1:5 stock split, zooms 37% in two days

The company had fixed July 22, 2022 as the record date for the purpose of sub-division of every 1 equity share of the face value of Rs 10 each into 5 equity shares of the face value of Rs 2 each.

Is the FMCG sector coming out of the woods?

The FMCG sector went through a difficult phase in the last two years. But, after the recent drop in commodity prices, are things looking up for the sector now? Our next report takes a deep dive

5 technical reasons to sell Marico, Dabur and buy Hindustan Unilever

Shares of Hindustan Unilever are exhibiting a major breakout, whereas Dabur India and Marico are not exhibiting much of a promise on the charts.

ITC gains 2% in a weak market, stock nears 52-week high

A stable tax environment for cigarettes in recent years has allowed ITC to calibrate price increases to avoid a disruption in demand.

Sensex zooms 934 pts, reclaims 52,500; Nifty tops 15,600; all sectors rally

CLOSING BELL: Beaten down PSB, Metal, and Energy (Oil and Gas) indices rose the most in today's trade. Related indices advanced between 4 per cent and 4.5 per cent

ITC gains 1% after Motilal upgrades rating; stock up 23% thus far in 2022

Motilal Oswal Financial Services (MOSL) upgraded rating on the stock to 'Buy' with a price target price of Rs 335 per share.

ITC trades flat as stock turns ex-date for dividend of Rs 6.25 per share

ITC said the dividend will be paid between July 22, 2022 and July 26, 2022 to entitled members.

Chart check: ITC could jump 40% on fresh breakouts, may hit Rs 400-mark

Though ITC is 40 points short from its all-time high of Rs 315.25-mark, the present scenario on the daily and weekly charts point to a strong up move

ITC gains 4% ahead of March quarter results on Wednesday

ITC is better-placed than peers with improving cigarette performance and strong earnings visibility, analysts.

ITC outperforms benchmark on strong earnings hope; stock up 2%

ITC will announce its Q4 results and declare final dividend on May 18, 2022.