MUMBAI, July 14 -- The Nifty FMCG index has been fairly resilient. So far in the calendar year, the index has risen 3%. In complete contrast, the Nifty 50 index is down 11% during the same period. Th... Read More
MUMBAI, July 13 -- In mid-February 2020, when Radhakishan Damani and other promoters of Avenue Supermarts Ltd sold a 2.28% stake in the company, it was considered a masterstroke. After all, markets we... Read More
MUMBAI, July 13 -- If Avenue Supermarts Ltd's June quarter results are an indication of what's to come for smaller retailers, then investors should prepare themselves for some very nasty surprises. A... Read More
New Delhi, July 10 -- News of a business restructuring at Motherson Sumi Systems Ltd drove down the shares of the auto components supplier by about 5.4% on Friday, 3 July. The complex restructuring h... Read More
MUMBAI, July 10 -- When the Street started to factor in the impact of covid-19 on consumer goods firms in February and March this year, shares of Britannia Industries Ltd were among the worst hit. In ... Read More
MUMBAI, July 8 -- In these uncertain times, Titan Co. Ltd's recovery during the month of June is reassuring. After a complete loss of business in April due to the covid-19 lockdown, and an 80% drop in... Read More
MUMBAI, July 8 -- In these uncertain times, Titan Company Limited's recovery during the June quarter is reassuring. True, it suffered complete loss of sales in April due to the covid-19 lockdown but s... Read More
New Delhi, July 8 -- City gas distribution stocks are feeling the heat this week. Shares of Indraprastha Gas Ltd (IGL), Mahanagar Gas Ltd (MGL) and Gujarat Gas Ltd have declined in the range of 6-8% s... Read More
NEW DELHI, July 7 -- In the March quarter, Godrej Consumer Products Ltd (GCPL) was one of the worst hit fast-moving consumer goods (FMCG) companies. Its India volume had declined as much as 15% last q... Read More
New Delhi, July 6 -- Before Marico Ltd released its June quarterly update on Friday evening, its shares reached their highest in 2020. In early deals on Monday though, the stock lost more than 2% on a... Read More