According to unicommerce, the diversified Fast-Moving Consumer Goods (FMCG) industry in India is the fourth largest sector, valued at approximately USD 56.8 billion as of December 2022. It is projected to grow at a CAGR of 27.9%, potentially reaching USD 615.87 billion by 2027, driven by urbanization and rising disposable incomes. With a market capitalization [...]
In 2024, the Indian stock market has soared to new all-time highs, prompting many company promoters and institutional investors to monetize their holdings through block deals and bulk trades. This trend extends beyond promoters, as institutional investors such as mutual funds and foreign portfolio investors actively trim their positions in certain stocks to book profits [...]
Dividends are a percentage of a company's profits delivered to shareholders as compensation for their investment. These monthly payments offer investors with a consistent income stream and demonstrate a company's financial health and stability. Understanding dividend policies and patterns is critical for investors looking to generate income and build capital over time. Here are the [...]
Share price of this large-cap FMCG stock moved up by nearly 0.72% on NSE to Rs. 425.5 in the morning trading session of March 14th, compared to its previous close of Rs. 422.45, after Marquee Investors bought stake in the company worth Rs. 3,901 crore, through open market transactions. With a market capitalisation of Rs. [...]
Shares of this large-cap company fell around 3 percent in Tuesday’s trading session after the largest ITC shareholder prepares to sell their stake this week. The stock has given a low return of 4 percent in one year compared to its 5-year average return. With a market capitalization of Rs. 5,01,131 crores, the shares of [...]
The share price of India's leading FMCG company fell by 2.8% to an intraday low of ₹437.25 per share from its previous close of ₹450 on Tuesday, following the company's quarterly results for December. ITC Ltd has announced its financial results for the December quarter, along with an investor presentation and interim dividend update for [...]
A ‘Blue Chip’ stock refers to a stock that is issued by financially sound and well-established companies along with a great reputation. Normally, such companies have years of operating history and consistent dividend payouts to their beneficiaries. Listed below is one such Blue Chip stock that gets a ‘Buy’ call from Motilal Oswal, one of [...]
These Blue Chip Stocks are part of the S&P BSE SENSEX Index and have market cap of Rs. 5,86,881 crore and Rs. 5,47,598 crore. These companies have announced their results for Q2 FY24 and analysts from J.P Morgan and Citi have updated their estimates for their respective stock prices. In filings dated 19th October 2023, [...]
Shares of a large-cap company were in the green after it reported better-than-expected results for the June quarter. At 12:38 AM, its shares were trading at ₹ 450.50 apiece on the National Stock Exchange (NSE). ITC’s key segments performed well, however, the results for agri and paperboard segments were subdued. The stock took a breather [...]
Shares of the Indian conglomerate ITC Limited closed today at Rs, 475.10, gaining nearly 2 percent compared to the previous closing levels of Rs 466.35. The scrip hits its all-time high level at a price of Rs 480.65. The company has a market capitalization of Rs 5,91,000 crores. Such movements in stock prices are witnessed [...]
