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FMCG shares spurt

FMCG stocks were trading in the positive zone, with the S&P BSE FMCG Sector index rising 139.42 points or 1.08% at 13085.32 at 09:49 IST. Among the components of the S&P BSE FMCG Sector index, S H Kelkar & Company Ltd (up 7.01%), Gujarat Ambuja Exports Ltd (up 5.28%),Dalmia Bharat Sugar & Industries Ltd (up 4.22%),Dhampur Sugar Mills Ltd (up 3.98%),Balrampur Chini Mills Ltd (up 3.91%), were the top gainers. Among the other gainers were Avadh Sugar & Energy Ltd (up 3.86%), L T Foods Ltd (up 3.2%), Uttam Sugar Mills Ltd (up 3.17%), Dwarikesh Sugar Industries Ltd (up 2.43%), and Zydus Wellness Ltd (up 2.27%). On the other hand, Future Consumer Ltd (down 2.29%), Agro Tech Foods Ltd (down 1.51%), and United Breweries Ltd (down 1.27%) moved lower.

Glucon-D amps up the energy with Pankaj Tripathi in new TVC campaign

Glucon-D amps up the energy with Pankaj Tripathi in new TVC campaign
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Volumes jump at Sonata Software Ltd counter

Zydus Wellness Ltd reports Q3FY21 earnings

Zydus Wellness Ltd reports Q3FY21 earnings Posted On: 2021-02-01 10:02:38 (Time Zone: Arizona, USA) Zydus Wellness Ltd., announced results for the third quarter ended 31st December 2020. The company reported 15.6% growth in consolidated net sales which stood at Rs.3764 million. The Company reported consolidated income from operations at Rs.3816 million, up by 14.7%. EBIDTA was up by 32.7% y-o-y to Rs.495 Million. In line with its strategic initiatives to pare down the debt, the Company during the quarter has fully redeemed Nonconvertible debentures of Rs.15000 million. In the process of buying back its own Nonconvertible debentures the Company has paid one-time debenture redemption premium Rs.1321 million out of which Rs.342 million is recorded as exceptional item in our financials for the current quarter. As a result of this exceptional item the Profit after Tax (PAT) stood at Rs.17 million for the quarter.

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