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FILA Group sells 7% stake in DOMS Industries for Rs 934 crore
Italian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have bought a combined 2.13 percent stake for Rs 285 crore. FILA Group's shareholding in DOMS Industries has reduced. DOMS Industries manufactures stationery and art materials. The company's shares saw a rise after the transactions.
DOMS Industries block deal: SBI MF, Axis MF buy as FILA sells 7% stake for ₹935 cr
SBI Mutual Fund purchased 9.3 lakh shares of DOMS Industries for approximately ₹205 crore. Axis Mutual Fund acquired 3.6 lakh shares in the company for around ₹79.6 crore.
Colgate-Palmolive (India) Ltd soars 2.15%, Gains for third straight session
Colgate-Palmolive (India) Ltd is quoting at Rs 2067, up 2.15% on the day as on 12:49 IST on the NSE. The stock is down 15.01% in last one year as compared to a 7.08% fall in NIFTY and a 11.94% fall in the Nifty FMCG index.
Marico Ltd spurts 1.51%, up for third straight session
Marico Ltd is quoting at Rs 823.5, up 1.51% on the day as on 12:49 IST on the NSE. The stock is up 17.12% in last one year as compared to a 5.46% fall in NIFTY and a 13.11% fall in the Nifty FMCG index.
Emami Ltd drops for fifth straight session
Emami Ltd is quoting at Rs 392.55, down 1.27% on the day as on 13:19 IST on the NSE. The stock tumbled 34.27% in last one year as compared to a 4.38% slide in NIFTY and a 12.78% fall in the Nifty FMCG index.
Nifty FMCG index sheds 2%; Dabur slips 4%; ITC, Britannia hit 52-week lows
In the past one month, the FMCG index has underperformed the market, by falling 5 per cent, as against 2.3 per cent decline in Nifty 50.
Varun Beverages Ltd soars 1.44%, Gains for third straight session
Varun Beverages Ltd is quoting at Rs 542.2, up 1.44% on the day as on 12:49 IST on the NSE. The stock is up 13.92% in last one year as compared to a 3.63% fall in NIFTY and a 9.7% fall in the Nifty FMCG index.
Stock markets decline for 2nd day on selling in oil, gas, banking shares
Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...
Colgate-Palmolive (India) Ltd slips for fifth straight session
Colgate-Palmolive (India) Ltd is quoting at Rs 2057.5, down 1.88% on the day as on 13:19 IST on the NSE. The stock tumbled 18.13% in last one year as compared to a 3.4% slide in NIFTY and a 11.34% fall in the Nifty FMCG index.
Britannia Industries Ltd slips for fifth straight session
Britannia Industries Ltd is quoting at Rs 5321, down 0.11% on the day as on 13:19 IST on the NSE. The stock tumbled 3.19% in last one year as compared to a 3.4% slide in NIFTY and a 11.34% fall in the Nifty FMCG index.
FMCG, auto shares snap multi-day losses to rise up to 4% on IMD's monsoon forecast; UBL, Exide lead gains
Nifty FMCG index snapped its three-day losing run to close 0.76 percent higher.
Nifty FMCG top sectoral gainer as HUL, Nestle, ITC rally; easing oil prices boost domestic consumption outlook
The rally in FCG shares today comes as crude oil prices have retreated from recent highs, offering some relief to consumer companies that use petroleum-linked packaging materials and other derivatives as key inputs.