Itc And Hul
Nestle, VBL, Godrej Cons: Nuvama picks these FMCG stocks on robust outlook
The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24
 "Nestle, VBL, Godrej Cons: Nuvama picks these FMCG stocks on robust outlook")
From HUL to Britannia, FMCG companies continue to lag India Inc peers
A reversal in the fortunes of FMCG companies is, however, yet to reflect in their financial performance
 "From HUL to Britannia, FMCG companies continue to lag India Inc peers")
Breakout stocks: Dabur, ITC top FMCG picks; can gain up to 13%, charts show
Technical outlook on FMCG stocks: Dabur and ITC look stronger on charts compared to its peers HUL, Marico and Godrej Consumer Products.
 "Breakout stocks: Dabur, ITC top FMCG picks; can gain up to 13%, charts show")
HUL to make key changes to its management committee, effective from April 1
HUL has appointed Shiva Krishnamurthy as Executive Director of its Foods and Refreshment division. It has also appointed Srinandan Sundaram as the Executive Director, Homecare
 "HUL to make key changes to its management committee, effective from April 1")
ITC cooks up a storm, sets up 12 cloud kitchens and 48 brand outlets
A key lever of the ITC Next strategy is to spot new opportunities at the intersection of digital, sustainability and enterprise strengths
 "ITC cooks up a storm, sets up 12 cloud kitchens and 48 brand outlets")
ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%
The company attributed the performance to strong and broad-based growth across markets and channels
 "ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%")
After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?
However, the counter has lost over 5 per cent from its recent high of Rs 346.25 hit on September 23, 2022 and has underperformed the S&P BSE Sensex, which has lost nearly 2 per cent since then
 "After over 50% rise in 2022, is the stupendous rally in ITC fizzling out?")
FMCG stks dip amid waning demand concern; ITC, HUL drop up to 9% in 2 days
The S&P BSE FMCG index, which fell 1.62 per cent in intra-day trade today, has slipped 4.5 per cent in the past two trading days
 "FMCG stks dip amid waning demand concern; ITC, HUL drop up to 9% in 2 days")
HUL gains 6% in June on demand recovery hope, market share improvement
Brokerages expect sales and earnings to grow faster than peers
 "HUL gains 6% in June on demand recovery hope, market share improvement")
ITC versus Hindustan Unilever: Different tales of their FMCG business
While ITC's non-cigarette FMCG business revenue comprising foods, personal care and retailing, among others, grew at 11 per cent on a comparable basis, the same for HUL was at 16 per cent
 "ITC versus Hindustan Unilever: Different tales of their FMCG business")
