Political unrest in Nepal has sparked concerns for FMCG companies with exposure in the region. However, recent GST cuts and easing pressures in the paints sector are expected to cushion the blow, according to Abneesh Roy. Nepal Unrest: Limited Impact Firms like ITC, Marico, HUL, Varun Beverages, and Bikaji have some presence in Nepal, but…
Consumer goods major Marico on Monday reported a 9% year-on-year (YoY) increase in consolidated net profit attributable to the owners of the company at Rs 504 crore for the June 2025 quarter, as double-digit international growth and price-led gains in its domestic portfolio drove the company’s bottom-line performance. Marico reported a 23% YoY jump in…
Markets remained subdued for yet another session on Friday and ended largely flat. In today’s trade, shares of Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank among others will be in focus due to various news developments and fourth quarter results. EternalFood delivery company Eternal (formerly Zomato) saw its net profit fall by 78% year-on-year (YoY)…
The Indian market ended the week lower on Friday, weighed down by U.S. President Donald Trump‘s sweeping retaliatory tariffs, which escalated the global trade war and heightened fears of a recession. The benchmark BSE Sensex declined 930.67 points or 1.22% to close at 75,364.69, while the broader Nifty 50 index closed at 22,904.45, down by…
Shares of Marico Ltd. traded 2.53 per cent up at Rs 696.35 at around 11:10AM (IST) on Tuesday. The stock had closed at Rs 679.15 in the previous session. Equity benchmark Sensex traded 453.59 points higher at 81503.59 around the same time. The scrip has climbed 29.59 per cent in the last one year till…
Shares of companies like Glenmark Life Sciences, Hindustan Unilever and Lux Industries defied the bearish market sentiment as the Indian headline indices Nifty and Sensex tanked over 3% on Monday falling by over 800 and nearly 2,600 points respectively after following the global cues. Glenmark Life Sciences shares surged as high as 6.3% today, followed…