Market News
Stay updated with the latest market trends, earnings, and economic indicators.
FMCG sector set for strong Q1, lower crude oil prices to boost margins, says Anand Rathi; Marico, HUL among top picks
The FMCG sector is expected to see healthy revenue growth in FY27, fueled by innovation and price adjustments. Anand Rathi highlights top picks like Marico and Hindustan Unilever, despite rural demand risks associated with weather conditions impacting the market.
HUL appoints ex-Marico, Flipkart executive Koteshwar LN as Oziva CEO
In a significant leadership shift, Hindustan Unilever Ltd (HUL) has appointed Koteshwar L.N. as CEO of Oziva, its wellness nutrition brand. Koteshwar, with extensive experience from Marico, Flipkart, and Coca-Cola, will steer the wellness division amidst a surge in market interest. Additionally, his role extends to overseeing HUL's wellness portfolio, notably after acquiring a controlling stake in Liquid I.V.'s parent company, Zywie.
Q1 earnings preview: Here’s what Nomura expects from Nestle, Titan, other consumer majors’ June quarter results
Nomura expects consumer staples to deliver a strong start to FY27, forecasting double-digit sales growth for several companies in the June quarter. The brokerage is bullish on Nestle, Titan, Britannia, Tata Consumer and Marico, citing steady demand, pricing gains and margin support despite higher raw material costs.
Waka Waka! Indian consumer giants seek to roar louder in Africa
Indian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a young population and underpenetrated markets, beverages, hair care, and personal care sectors are showing robust growth. Companies, such as GCPL, VBL, Dabur India and Marico are prioritizing local manufacturing and distribution, viewing Africa as a crucial long-term growth engine despite currency volatility and retail fragmentation.
'Britannia, Dabur At Risk': Macquarie Flags Monsoon Risk For Rural Consumer Stocks; Check Top Picks
Macquarie prefers companies with stronger structural growth drivers and relatively better positioning. Its top picks in the consumer space are Titan, Lenskart, Marico and Hindustan Unilever (HUL).
BSE to Marico - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment - Mint
BSE to Marico - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segmentMint
FSSAI issues notices to Bikanervala, Marico, Param Dairy on consumer complaints, law violation
In a social media post, Food and Safety Standards Authority of India (FSSAI) said it has issued notices to several food business operators (FBOs) for violating provisions of the FSS Act, 2006 regarding misleading brand names, trade names, and product claims, labelling violations and other consumer complaints.
Nestle among Nuvama's top 5 consumer picks after Q4 earnings season. Do you own any?
Nestle is among Nuvama's top consumer picks following strong Q4 earnings, driven by resilient rural and urban demand. Despite challenges like unseasonal weather impacting seasonal products, the brokerage highlighted Nestle, Asian Paints, Pidilite Industries, Berger Paints, and Marico as key investment opportunities in the sector.
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.
Stocks in news: Coal India, Marico, Fino Payments Bank, L&T, Physicswallah
Indian markets closed lower amid global volatility and geopolitical concerns, with analysts expecting continued choppiness due to monthly expiry. Several stocks like Coal India, Marico, and L&T are in focus due to news developments, including government stake sales, new product launches, and order wins.
Marico forays into hair cleansing segment with its Parachute Advansed brand
Marico has launched Parachute Advansed Protein Shampoo, marking its entry into the Rs 10,000-crore hair cleansing market. This strategic move aims to capture a share of the growing shampoo segment, which is dominated by multinational players. The company expects this expansion to enhance brand relevance and tap into the increasing consumer preference for nature-forward solutions.
India's monthly household basket may feel the heat of rising fuel costs
Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.