Market News
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Beyond Parachute: Marico swaps coconut oil comfort for a premium growth playbook
Marico is strategically moving towards premium and digital brands. The company targets double-digit revenue growth, aiming to surpass ₹15,000 crore by FY27. This shift focuses on higher-margin segments. Marico anticipates steady demand recovery and aims for significant growth in its international business. The company is also enhancing its distribution network.
Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earnings
Piccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit to Rs 45.22 crore for the March quarter of FY26 on a year-on-year basis, driven by its premium alchoBev portfolio.
Premiumisation and expansion into new markets key focus areas: Mother Dairy MD
Mother Dairy is prioritizing premium products and expanding into new markets. The company is also strengthening its distribution network and increasing its presence on quick commerce platforms. This strategy aims to meet evolving consumer demands and address competition. Mother Dairy anticipates significant growth in the coming fiscal year, projecting revenue to reach Rs 24,000 crore.
Eveready sets up ₹200 crore battery plant in Jammu to boost local production
Eveready Industries commissions new alkaline battery plant in Jammu to boost premium battery output. Shares of Eveready Industries India Ltd ended higher on Wednesday, April 22, by 7.34% at ₹339.90 on the NSE.
Nestle India shares jump 3% after strong Q4. What are Macquarie, Nomura, other brokerages saying?
Nestlé India shares rose on a strong Q4 beat, with brokerages highlighting robust volume-led growth and margins, though most maintain neutral views given premium valuations despite positive earnings momentum.
GSP Crop Science IPO day 1: GMP, price, date, review, other details. Buy or not?
GSP Crop Science IPO GMP today: According to market observers, the company's shares are trading neither at a premium nor at a discount
Britannia shares can surge to ₹7,000, Antique says with a 'buy' rating
Antique values Britannia Industries at 50 times its estimated price-to-earnings ratio for financial year 2028, which is a 16% premium to its 10-year average.
United Spirits: Karnataka's new liquor policy may lift premium play
United Spirits’s shares trade at about 48x FY27 estimated earnings, suggesting a large part of the optimism may have been priced in, for now.
India strongly positioned as the next global platform for consumer technology: Nothing co-founder
India is emerging as a global consumer technology hub, driven by its expanding manufacturing and supply chain capabilities. Aspirational consumer preferences are reshaping demand, with a notable shift towards premium, differentiated products. This strategic market is experiencing hyper-growth, aligning with global trends and evolving tastes.
Cult.fit's fitness playbook widens: Affordable gyms, Pilates studios and products fuel growth
The company is investing in mass-market centres like Cult Neo, premium Pilates studios, and a rapidly growing consumer products division as it aims to become an active lifestyle brand. This puts it in competition with boutique studios, independent gyms and a growing wave of D2C fitness brands.
Dabur to acquire a minority stake in the luxury skincare D2C company RAS Beauty, for Rs 60 crore
Dabur India is acquiring a significant minority stake in luxury skincare direct-to-consumer brand RAS Beauty for Rs 60 crore. This strategic move, under Dabur Ventures, aims to tap into the booming premium beauty segment. The investment will fuel RAS Beauty's expansion into omnichannel presence and product development, reflecting a broader trend of legacy FMCG firms backing digital-first brands.
India-UK FTA, premium liquor brands to drive margin growth: Allied Blenders
Allied Blenders and Distillers targets 18% margins by fiscal year 2028. The company is focusing on premium spirits and expects cost savings from the India-UK trade deal. Investments in bottling capacity will support growth. The premium segment shows strong potential, with luxury brands set to double sales.