Tata Consumer stock rises 3% on talks to acquire Bisleri
The Tata Group company is in talks to acquire Bisleri International in a deal worth ₹6,000-7,000 crore
fmcg industry
November 2022
October 2022
September 2022
Young gun of Gulab oils, Dishit Nathwani conquering FMCG market in unconventional style!
Dishit, as a part of his vision, has diversified into other categories such as Cold Pressed Oils and Organic food products
Britannia jumps 10% on robust Q2, market cap crosses ₹1 lakh cr
Britannia Industries shares hit a new record high of ₹4,181.40 in intraday on the BSE, while m-cap crossed ₹1 lakh crore amid strong volume.
ITC share hits fresh all-time high; rallies 72% in 8 months
ITC share price has risen 62% in the calendar year 2022, compared to 1.4% rise in the BSE benchmark Sensex.
Dabur Q2 profit dips 3%; to acquire majority stake in Badshah Masala
Dabur India will acquire 51% stake in Badshah Masala for ₹587.52 crore, valuing the company at ₹1,152 crore.
FMCG majors cut prices 2-20% to shore up growth
FMCG companies were on a price-hike spree for the past two years. But the change in tactic is because there is a clear softening of rural demand, a big driver for FMCG revenues at 65-70%.
Adani Wilmar shares drop 4% after Q2 profit warnings
Adani Wilmar expects revenues and volumes to grow at low single digits during the September quarter of the current fiscal (Q2 FY23).
Nestle’s Desi Patriarch
Suresh Narayanan is using innovation and technology to keep the company on a steady growth path.
HUL’s Crisis Manager
Having successfully battled Covid blues, Sanjiv Mehta now rides on the twin engines of digitisation and growth to steer India’s largest FMCG company.
Asian Paints co-founders most valuable in FMCG
The paints company, with the strongest moat, continues to power the fortunes of its three co-founders.
