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Marico targets Rs 15,000 crore revenue in FY27, eyes Rs 20,000 crore by FY30 on premiumisation push
Marico aims for Rs 15,000 crore revenue by FY27 and Rs 20,000 crore by FY30. The company is focusing on premium products and expanding its digital-first brands. Its total addressable market is expected to triple by FY30. Marico's digital-first portfolio already generates over Rs 1,100 crore annually. The foods business crossed Rs 1,000 crore revenue in FY26.
Dixon Tech, Coforge, 8 other stocks among Motilal’s non-Nifty ideas ahead of Q1 results
Motilal Oswal has identified ten non-Nifty stocks for investors ahead of quarterly earnings. The brokerage anticipates healthy revenue growth across various market capitalizations. TVS Motor and Dixon Technologies are among the top picks with significant upside potential. Radico Khaitan and Indian Hotels Company also show promising revenue growth prospects. Coforge and Kirloskar Oil Engines are also highlighted for their future performance.
India at cusp of 'snacking renaissance'; L Catterton bets on healthy snacking, branded foods
Expressing enthusiasm for India's rising consumption trends, L Catterton zeroes in on the healthy snacking and branded foods market. Having launched its first fund dedicated to India, the firm has made three key investments lately. Executive Chairman Sanjiv Mehta emphasizes the importance of transitioning from unbranded to branded products, predicting a resurgence in Indian snacking habits while calling for heightened investments in food innovation to cultivate globally recognized brands.
Britannia Industries Ltd spurts 1.44%, gains for five straight sessions
Britannia Industries Ltd is quoting at Rs 5456.5, up 1.44% on the day as on 12:44 IST on the NSE. The stock is down 7.27% in last one year as compared to a 3.99% fall in NIFTY and a 9.84% fall in the Nifty FMCG.
United Spirits Ltd soars 2.02%, up for fifth straight session
United Spirits Ltd is quoting at Rs 1421.5, up 2.02% on the day as on 12:44 IST on the NSE. The stock is up 2.81% in last one year as compared to a 3.99% drop in NIFTY and a 9.84% drop in the Nifty FMCG.
Cupid shares jump 6%, extend rally to 11% in one week as company raises FY27 revenue guidance after strong Q1 biz update
Cupid shares rose sharply on Monday, extending their one-week rally to over 11%, after the company raised its FY27 revenue guidance by at least 10%. The company expects first-quarter revenue to exceed Rs 150 crore, backed by strong order visibility, expanding global opportunities and improved market visibility.
United Spirits Ltd soars 1.03%
United Spirits Ltd is quoting at Rs 1366.3, up 1.03% on the day as on 12:49 IST on the NSE. The stock is down 1.11% in last one year as compared to a 5.02% drop in NIFTY and a 8.13% drop in the Nifty FMCG index.
Britannia Industries Ltd gains for third straight session
Britannia Industries Ltd is quoting at Rs 5373, up 2.11% on the day as on 12:49 IST on the NSE. The stock is down 7.27% in last one year as compared to a 5.02% slide in NIFTY and a 8.13% slide in the Nifty FMCG index.
Top Gainers & losers on 1 July: Reliance Power, Delhivery, Eternal, Paytm, MCX, Dabur India among top gainers
The Indian stock market opened positively in July, led by strong buying in realty, FMCG, and auto stocks, with Nifty 50 at 24,005 and Sensex at 76,873. However, IT and metal sectors saw declines as geopolitical tensions impacted crude oil prices.
Radico Khaitan Ltd spurts 0.35%, up for five straight sessions
Radico Khaitan Ltd is quoting at Rs 3959.5, up 0.35% on the day as on 12:44 IST on the NSE. The stock is up 57.19% in last one year as compared to a 5.62% fall in NIFTY and a 8.68% fall in the Nifty FMCG.
FMCG stocks in demand: Nifty FMCG index up 1.7%; Nestle India, GCPL lead
Aamar Deo Singh of Angel One said that it is still early to turn decisively bullish on FMCG and that "investors should wait for the monsoon outcome and further confirmation of a sustained recovery."
Sensex Today | Stock Market Live Updates: KPIT Tech extends losses to 15%; Nifty above 23,950
Sensex Today | Stock Market Live Updates: The markets are moving with some level of caution and a positive bias. The Nifty is moving with an uptick of over 50 points, rising towards the 24,000 mark. The Nifty Bank index is largely flat, trading around the 57,500 mark. M&M, Eternal and Nestle India are thetop gainers.