Buy Bajaj Consumer Care; target of Rs 281: Sharekhan
Sharekhan is bullish on Bajaj Consumer Care has recommended buy rating on the stock with a target price of Rs 950 in its research report dated May 09, 2024.
Source: moneycontrol.com
Bajaj Consumer News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Bajaj Consumer Today - Breaking & Trending Today
Don't expect recovery in FMCG before FY25: Abneesh Roy, Retail News, ET Retail
Abneesh Roy says: “In our view, in Q3, most of the companies will see flat to low-single digit volume growth in the rural areas while urban areas will be growing faster. Even in Q4, we do not see a big recovery in rural demand currently. Our sense is the recovery will happen in FY25, based on Rs 1 lakh crore election spending, government stimulus, freebies, etc.”
Source: indiatimes.com
FMCG recovery: Don't expect recovery in FMCG before FY25: Abneesh Roy
Abneesh Roy says: “In our view, in Q3, most of the companies will see flat to low-single digit volume growth in the rural areas while urban areas will be growing faster. Even in Q4, we do not see a big recovery in rural demand currently. Our sense is the recovery will happen in FY25, based on Rs 1 lakh crore election spending, government stimulus, freebies, etc.”
Source: indiatimes.com
Stock Market Sectors: Stock market update: FMCG stocks up as market falls
The 30-share BSE Sensex was down 170.12 points at 72240.26
Source: indiatimes.com
Downtrading: When FMCG giants pushed on with a cartful of troubles, ET Retail
Downtrading: Overall sales of apparel and electronic products have been languishing for over a year now, while those of mass-segment electronic products have been low since the pandemic outbreak. According to researcher GfK, there was a slight pick-up in mass segment during Diwali.
Source: indiatimes.com