Energy sector stocks outperform all others in September
All sectors including auto, banks, consumer durables FMCG, healthcare witnessed a positive performance in September.
All sectors including auto, banks, consumer durables FMCG, healthcare witnessed a positive performance in September.
Adani Wilmar reported a 12 per cent yearly decline in consolidated revenue during April-June 2023 quarter at Rs 12,928 crore.…
Reliance Retail (RR) has begun appointing super-stockists to distribute its private label products in multiple FMCG categories, Kotak Securities said in a report.
Margin profiles for FMCG businesses are superior to that of grocery retailers with gross margins of 40-60 per cent and EBITDA margin of 15-25 per cent versus 15 per cent and 9 per cent, respectively, for DMart.
Khadi and Village Industries Commission (KVIC) for the first time, has posted a turnover of Rs 1.15 lakh crore, which is unprecedented by any FMCG company in the country. This makes KVIC the only company in the country to have recorded a turnover of Rs 1 lakh crore.
Through streamlining operations and achieving greater scalability to meet changing demands, Parle expects to witness business growth in India and beyond.
Established in August 2020, Infinique Mall has been in the making for the past 2 years, as far as its business model, technical expertise or curating the brands is concerned.
The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.
ONGC was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Auto, ITC, Sun Pharma, Nestle India, L&T, Maruti, UltraTech Cement and HUL.
While the company did not disclose the value of the deal, sources said it is valued around Rs 1,800 crore to Rs 2,000 crore.
