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Godrej Consumer Q1 Update: Revenue expected to grow in high-teens; margins below guidance range
Shares of Godrej Consumer Products Limited ended at ₹1,074.00, down by ₹3.30, or 0.31%, on the BSE.
Dabur, Godrej say demand holds firm despite cost pressures
Indian consumer goods giants Dabur and Godrej Consumer Products reported resilient demand in early fiscal 2027, defying geopolitical worries and rising costs. Despite input price pressures, both companies anticipate strong revenue and profit growth, with Godrej expecting high-teens revenue expansion. International markets are also showing promise, particularly in the Middle East, though El Niño's impact on rural demand remains a concern.
Gold, silver prices today: Comex gold and silver extend rally as weak US jobs data cools Fed rate hike fears
Gold and silver prices rose on 3 July as easing rate hike fears followed a weak US jobs report. Comex gold futures climbed to $4,208, while silver futures reached $63.50. Employment data indicated a slowdown, lowering rate-hike expectations and negatively impacting the dollar.
Victorinox bets bigger on India with exclusive stores, e-commerce push
The Swiss brand unveiled its India Vision 2030 roadmap, targeting five exclusive stores by 2028, a dedicated e-commerce platform and wider retail expansion as it seeks to tap rising demand for premium watches and lifestyle products.
Maersk places order for 1,000 shipping containers with DCM Shriram Group
Global shipping giant AP Moller-Maersk has ordered 1,000 more India-made shipping containers from DCM Shriram Group. Union Minister Sarbananda Sonowal unveiled the first such container, marking a significant step towards self-reliance in maritime manufacturing. This partnership is set to boost India's global supply chain presence and manufacturing capabilities, supported by government initiatives promoting domestic production.
Godrej Consumer expects high-teens Q1 revenue growth on strong volumes; margins seen lower
Godrej Consumer Products projects a high-teens revenue growth for Q1 FY27, supported by robust volume increases across all categories.
INR settles higher as the dollar index retreats from its recent 15-month high
The Indian rupee appreciated 14 paise to close at 95.21 (provisional) against the US dollar on Friday as the dollar index retreated from its recent 15-month high levels and mirrored positive domestic equities. Indian shares rose for a third straight session on Friday, even as markets ended off their day's highs due to profit booking at higher levels. Underlying sentiment was underpinned by the recent fall in crude prices to near pre-conflict levels and reduced expectations that the U.S. Federal Reserve will raise interest rates in the coming months. Overnight data showed U.S. jobs growth slowed sharply in June, and the two prior months' data were revised lower, raising expectations that the Fed will hold rates this month and potentially in September. However, despite a weaker dollar index and lower crude oil prices, the rupee is facing pressure from robust dollar demand from importers and corporate hedgers. At the interbank foreign exchange market, the rupee opened at 95.20 against ..
Mother Sparsh sees up to 40% growth as baby-care boom defies consumer slowdown
Mother Sparsh anticipates a robust 30-40% revenue surge this year, defying broader consumption slowdowns. Indian parents are prioritizing their babies' health and well-being, investing in premium, 'no nasties' products. Leveraging ITC's extensive distribution, the brand aims to expand its reach beyond online channels into smaller cities, tapping into a growing demand for trusted, scientifically-backed baby care solutions.
Atharva Polyplast IPO allotment date likely today. GMP, steps to check share allotment status online on BSE, MUFG Intime
Atharva Polyplast's IPO allotment is expected today, with shares allocated proportionally to retail investors due to high oversubscription. The IPO, valued at ₹27 crore, attracted 10.74 times bids. Refunds for unsuccessful applicants will begin on July 6, 2025, with listings on July 7.
Board of Arvind approves fund raising up to Rs 600 cr via equity issuance
At meeting held on 03 July 2026
Aastha Spintex IPO listing date next week. Here’s what GMP signals about share debut
Aastha Spintex IPO was subscribed 3.30 times in total. The public issue was booked 1.27 times in the Retail Individual Investors category, and 6.03 times in the Non-Institutional Investors (NII) segment. The Qualified Institutional Buyers (QIB) category garnered 1.87 times subscription.
Arvind board approves fundraising of up to ₹600 crore via QIP
Alongside the fundraising proposal, the board also approved initiating a postal ballot process to seek shareholders' approval for the resolutions related to the capital raise. The draft postal ballot notice and matters incidental to the process were also approved.