As a political blame game ensued, such environment disasters show the great opportunity that brands have to display their green leanings
Avenue Supermarts, which runs the DMart chain of stores, Adani Green Energy, Berger Paints, Blue Star, Indraprastha Gas, Manappuram Finance, SBI Life Insurance also hit record high levels on Friday
With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters
Company has set a target of 35 per cent contribution in sales from rural areas by 2022
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The overall slowdown apart, margin pressure from rising input cost, market share loss in a few segments and expensive valuations are overhangs
A fresh launch for Milo, healthy noodles, and conscious digital-focused advertising is driving the Swiss multinational's plan for India
So far, Nestle India wasn't part of the Nifty even as its total market cap exceeds over half of Nifty components
Despite the churn, the private banks will still top the chart with a weightage of 26 per cent in the index, followed by the energy sector at 23 per cent.
Nestle derives around a quarter of its annual sales from rural areas and has been working on improving this number via a distribution and manufacturing push
Brand Maggi has come out all guns blazing in the years since the ban
ICICI Direct says Nestle India could have a weightage of near 1 per cent in Nifty index
Nestle India gained 4 per cent to Rs 12,397, and surpassed its previous high of Rs 12,266, recorded on August 9
Firm's chief says double digit will be difficult, but the kind of issues faced by other sectors may not get replicated in FMCG, as it still has plenty of low-payout, low-budget essentials
Nestle India gained 4% to Rs 12,266 apiece, surging 7% during current week, after the company reported a 11% year-on-year (YoY) rise in net profit to Rs 438 crore for the quarter ended June 2019.
Analysts say double-digit earnings growth necessary to sustain pricey stock valuations
The dividend of Rs 203/equity share includes an interim dividend of Rs 23/equity share for 2019, and a special interim dividend of Rs 180/equity share out of the accumulated profits of FY19
FMCG product sales in the rural market in this quarter grew by a meagre 5.9%
The company, which follows January-December as its financial year, posted a net sales of Rs 2,982.83 crore
Total expenses were at Rs 2,414.29 crore in the latest quarter as against Rs 2,163.32 crore a year ago