ITC hits fresh record high on extended rally; m-cap crosses ₹5.5 lakh cr
The FMCG major touched a new high of ₹443.85 intraday today on the back of a continued rise in share price for the last six sessions.
fmcg industry
May 2023
April 2023
Reliance Industries shares rise over 2%; here’s why
Reliance Consumer Products has completed the acquisition of 51% stake in Lotus Chocolate for ₹74 crore.
ITC Q4 profit rises 23% to ₹5,175 crore
The ITC board recommended a final dividend of ₹6.75 and a special dividend of ₹2.75 per equity share.
Godrej Consumer Products stock surges 3% post Q4 results
The FMCG firm reported a 24.5% YoY rise in consolidated net profit at ₹452 crore in Q4FY23, while revenue from operations rose 9.8% to ₹3,200 crore.
Bajaj Consumer Care shares jump 10% on robust Q4, dividend declaration
The FMCG arm of Bajaj Group has declared a final dividend of 500% aggregating to ₹5 per share, on equity shares of the face value of ₹1 each for FY23.
Adani Wilmar Q4 profit tumbles 60% on falling edible oil prices; revenue slips 7%
For FY23, the FMCG major posted 28% growth in profit at ₹582 crore, while revenue grew 7% to ₹58,185 crore.
Nestle India Q1 profit up 25% at ₹737 cr; net sales surge 21%
Nestle India declares interim dividend of ₹27 per equity share. It will be paid on and from 8th May 2023, along with the final dividend for 2022 of ₹75.0 per equity share
ITC shares hit new all-time high; m-cap crosses ₹5 lakh cr
The FMCG heavyweight became the 11th BSE-listed entity to touch ₹5 lakh crore mark after shares scaled a new all-time high of ₹402.60 in intraday trade.
ITC shares cross ₹400 mark for first time; hit all-time high
The FMCG heavyweight hit a new record high of ₹401.95 during the session, breaching the previous high of ₹398.2 touched in intraday trade on April 11.
ITC shares hit new record on earnings optimism; here’s what analysts expect
The cigarette-to-hotel conglomerate is expected to report double-digit growth in its net profit for Q4 FY23, aided by cigarettes and FMCG businesses.
