Estimated at Rs 5,000 crore in size and used by both men and women in India, the fairness category for years has been criticised for promoting gender discrimination
Airtel's stock has surpassed the hurdle around 540 levels
Domestic business grew 5% in the June quarter; the fall in Africa biz was 22%
Local lockdowns in several cities remain a concern, but impact would be limited, say analysts
A former partner at Bain and Co in India, Gambhir, 51, joined the Godrej Group in 2009
Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar
Net sales (revenue) declined 12.2 per cent to Rs 2,132.69 crore against Rs 2,429.68 crore in the corresponding quarter of the previous fiscal.
Makers of hygiene and essential items may not feel the pinch but discretionary categories have a long road to recovery
For Praj Industries, the RSI has shown signs of positive bias with good volume
Godrej Consumer has picked up momentum with decent improvement in the volume to show a positive bias and imply further strength and potential to rise further in the coming days
In India, demand continued to be challenging, impacted by a general consumption slowdown, Godrej Consumer said
Total revenue from operations during the quarter fell 3.06% to Rs 2,481.72 crore
Despite P/E ratio being attractive, it is better for investors to wait for pick-up in domestic business
Sales during the quarter under review were at Rs 24.94bn. In the year-ago period, it stood at Rs 24.80 bn
Revenue from Indian operations during the period was Rs 1,364 crore
Move acquires significance as most firms, including GCPL, expect rural incomes to improve on the back of a good monsoon
Net sales increased 11% to Rs 2,358 crore
Consolidated total income from operations up 11.01%