
Colgate shares jump 6.7%, Nestle tanks 2.7% after Q1 results
The net profit of Colgate Palmolive Ltd stood at ₹273.68 crore, witnessing a growth of 30.52% as against ₹209.67 crore in the corresponding period of the previous year.
The net profit of Colgate Palmolive Ltd stood at ₹273.68 crore, witnessing a growth of 30.52% as against ₹209.67 crore in the corresponding period of the previous year.
According to Harsha Vardhan Agarwal, vice-chairman and managing director, Emami, investing in new-age companies is a good way to foray into newer categories.
The brand will sell made-in-India consumer products ranging from processed foods to daily products.
A ₹3,600-crore IPO and focus on the nascent branded staples market with convenience foods have catapulted the Adani Group company into the main league.
The addition of Kohinoor’s domestic brand portfolio will strengthen Adani Wilmar’s leadership position in the rice and food business in India