Synopsis: HUL reported Q1 FY26 revenue of Rs. 16,514 crore and net profit of Rs. 2,768 crore. Strong growth in Beverages and Foods; management expects better H1 FY26, margin improvement, and volume-led growth. During Thursday’s trading session, shares of India’s...
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...
Double bottom is a Bullish Reversal Pattern that is used in Technical analysis to see for signals of a trend shift, from a downtrend to an Uptrend. This pattern is the Opposite of the Double-top pattern. How to Trade the Pattern: Breakout Entry: Once the price breaks...
The Relative Strength Index (RSI) is a tool used in stock trading to check how fast and how much a stock’s price is changing. It has a scale from 0 to 100. If the RSI is above 70, the stock might be overpriced and could see a drop. If it is below 30, the stock might...
The Indian beauty market holds significant growth potential, with per capita expenditure on beauty still much lower than in many other countries. This gap presents a major opportunity for premiumization. As of 2024, the Indian cosmetics market was valued at $14.6...
ICICI Group’s latest investment reflects confidence in promising growth prospects. Their fresh stake in the company aligns with their strategy to diversify across key sectors. This move follows similar investments in companies like ACC by ICICI Prudential Large...
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