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Read more about Emami Ltd extends losing spree on Business Standard. Emami Ltd is quoting at Rs 471.1, down 1.7% on the day as on 13:19 IST on the NSE. The stock tumbled 15.52% in last one year as compared to a 27.14% rally in NIFTY and a 11.91% spurt in the Nifty FMCG index.
FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index falling 182.73 points or 1.44% at 12525.36 at 13:48 IST. Among the components of the S&P BSE FMCG Sector index, Bajaj Consumer Care Ltd (down 6.59%), Vishwaraj Sugar Industries Ltd (down 6.23%),Waterbase Ltd (down 4.29%),ITC Ltd (down 4.24%),Prabhat Dairy Ltd (down 2.42%), were the top losers. Among the other losers were Bajaj Hindusthan Sugar Ltd (down 1.72%), Emami Ltd (down 1.61%), Eveready Industries India Ltd (down 1.51%), Hindustan Foods Ltd (down 1.33%), and Marico Ltd (down 1.31%). On the other hand, ADF Foods...
Read more about Emami Ltd spurts 1.16%, up for five straight sessions on Business Standard. Emami Ltd is quoting at Rs 508.55, up 1.16% on the day as on 12:44 IST on the NSE. The stock is up 73.42% in last one year as compared to a 25.61% gain in NIFTY and a 13.29% gain in the Nifty FMCG.
Budget 2021: FMCG CEOs look forward to a compelling Bharat growth story Be it extended agri-credit targets, increased provision for rural infrastructure development or the setting up of five fishing economic hubs, captains of India Inc are hoping that these measures would significantly help in stepping up consumption Ajita Shashidhar | February 2, 2021 | Updated 17:05 IST Representative Image The Bharat growth story is all set to become bigger. Through the pandemic last year when life literally came to a standstill in urban India, it was the tier 2-3-4 markets which displayed exceptional res...
Budget will increase rural consumption, boost economy: India Inc SECTIONS Share Synopsis The enhanced capital expenditure, particularly on infrastructure, will create livelihoods and provide an accelerated thrust to the V-shaped recovery trajectory, said Sanjiv Puri, chairman and MD, ITC Ltd Reuters Kolkata: GfK India managing director Nikhil Mathur: The government presented a growth-oriented budget today with necessary investment on infrastructure, health & well-being, inclusive development, innovation and R&D. This is a welcome move as the higher infra spend creates a high multiplier impac...