Equity indices declined for the sixth straight session on Thursday amid tension in the Middle East. The 30-share BSE Sensex slumped 900 points to settle below the 64,000 mark, while the Nifty dived 264 points to 18,857. Stocks that were in focus included names like BSE, which rose 1.97%, Jubilant Food, which declined 3.84%, and … Read more
The year 2022 has turned out to be a historic one for index stock not in one, but many ways. Companies in the fast moving consumer goods sector have had a tough year grappling with skyrocketing commodity prices, sluggish rural demand, and weak profitability. But sector majors such as have managed to maneuver these hurdles … Read more
New Delhi: FMCG stocks were in a rude shock during early trade on Monday following a shortage of palm oil which led to strict actions from major exporting nations. However, edible oil companies gained over the buzz. Indonesia’s ban on palm oil exports shocked global edible oils markets that already reached record high prices this … Read more
NEW DELHI – Britannia Industries is expected to report a year-on-year (YoY) decline in net profit for the third quarter of the current financial year as a rise in agricultural commodity prices and packaging costs is seen adversely affecting the bottom-line, said analysts. According to Phillip Capital, the fast-moving consumer goods major is likely to … Read more