The total revenue of the FMCG market is projected to grow at a CAGR of 27.9 percent from 2021 to 2027, reaching nearly $615.87 billion. In 2022, the urban areas accounted for 65 percent of total annual FMCG sales, while rural India contributed over 35 percent. In...
This Large-cap FMCG Stock, engaged in manufacturing and marketing a wide range of products, including foods, beverages, personal care, home care, and health & hygiene items, is in focus after Nuvama gave a target of Rs. 3,055, which has an upside potential of up...
The 200-day moving average (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days. One of the primary reasons the 200-day moving average is popular is its...
Hindustan Unilever is in focus as it has received a major go-ahead from BSE and NSE for the demerger of the company’s Ice Cream Business. Hindustan Unilever’s Ice Cream Business, which includes popular brands like Kwality Wall’s, Cornetto, and Magnum, operates in a...
India’s largest FMCG’s board has approved the demerger of its ice cream business into a separate, independently listed entity. This demerger will create a leading ice cream company in India, featuring a portfolio of iconic brands such as “Kwality...
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