RBI governor Shaktikanta Das said that rural demand is recovering as reflected in the pace of tractor and retail two-wheeler sales, with rising farm activity
HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23
With commodity prices deflating from their March peak levels, analysts expect the margin profile across consumer goods companies to improve going ahead.
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.
Softening bond yields, moderation in FPI selling boost sentiment; both indices are now up 6% from year's low, but still down over 12% from their record high levels seen last October
While the Nifty Auto and FMCG indices are expected to rise 4%, the Nifty Health Care index may emerge as the dark horse
The S&P BSE FMCG index, which fell 1.62 per cent in intra-day trade today, has slipped 4.5 per cent in the past two trading days
Changes in the income-tax, likely good monsoon and the on-going above normal Rabi acreage along with higher MSPs are the key triggers analysts are betting on for the consumption revival
Their weighting on the benchmark Nifty50 has fallen to 15%, an 11-year low
HUL is likely to report 21.3 per cent YoY revenue growth at Rs 12,807.6 in its Q1 revenue report, ICICI Direct said in a note
Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company
While the longer-term narrative for Nestle's revenue and earnings growth remains extremely attractive, near-term concerns on valuations cannot be ruled out
The Maggi noodles maker is expected to post double-digit revenue growth in its profit after tax (PAT) for the fourth quarter of the financial year 2020
With today's decline, the stock of ITC has slipped 8 per cent from its 52-week high level of Rs 239
The success of Burger King at the bourses has off-late reinforced belief in the sector, especially quick service restaurants (QSRs), provided the stocks are attractively valued
Bunching up of festive season in Q4CY20, resumption of public transport aiding on-the-go consumption, continuing in-home consumption trend bode well for the firm going forward
Some recent reports by brokerages indicate an improvement in the company's market share, led by volume recovery
Higher dividend yield and scaling up of FMCG business offer comfort
Strong resilient portfolio, along with recent ready-to-eat launches and focus on rural distribution, indicate good growth potential
In the past 1-2 years, Emami has seen muted volume off-take, thanks to higher dependence on wholesale distribution and competitive pressures