Mahantesh Sabarad, Independent Market Expert, says the market expects a continuation of the government and better monsoon forecast. If these two things happen, there will be solid earnings growth. We might expect a little bit of moderation in valuation, but the market momentum will not get disturbed and will not see a great fall. We … Read more
The HUL stock is up over 13% in the past six months but is up 6% in the past one year. The resilient quarterly performance will provide positive reinforcement to the company’s investors in a volatile market. Synopsis Net sales increased 19.5%, net profit 11% and volumes grew 6%. While the home care segment posted … Read more
As the ban on single-use plastic came into effect this month, analysts do not see much impact on listed companies. However, as and when the restrictions are expanded to sachets, pouches, wrappers, etc, a number of FMCG companies in the listed space will be affected. “The current ban covers items which have a low utility … Read more