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Dipan Mehta of Elixir Equities shares insights on HDFC Bank s positive outlook amidst sectoral churn. Market resilience due to bull market dynamics with various sectors compensating. Mehta further observes the real estate stocks performance, AB Birla group s strategic moves, and anticipates earnings peak with stock-specific volatility. He says it is very difficult to make out a case for the top banks like HDFC, ICICI, or Kotak underperforming for an extended period. ....
Top FMCG majors, including Hindustan Unilever, Marico, and Adani Wilmar, are reducing product prices and increasing marketing investments to combat competition from regional brands. These companies have faced a decline in market share due to lower-priced products from local and unorganised players. By lowering prices and increasing pack weight, they are already witnessing sales growth and expect further gains in the coming months. Hindustan Unilever anticipates that pricing corrections and increased pack weight in detergent bars will help in the fight against local players. Additionally, companies like Marico and Adani Wilmar have seen improved volume growth and doubled sales in their branded segments. ....
Top FMCG majors, including Hindustan Unilever, Marico, and Adani Wilmar, are reducing product prices and increasing marketing investments to combat competition from regional brands. These companies have faced a decline in market share due to lower-priced products from local and unorganised players. By lowering prices and increasing pack weight, they are already witnessing sales growth and expect further gains in the coming months. Hindustan Unilever anticipates that pricing corrections and increased pack weight in detergent bars will help in the fight against local players. Additionally, companies like Marico and Adani Wilmar have seen improved volume growth and doubled sales in their branded segments. ....
Best Media Info: As high commodity inflation, geopolitical uncertainty, tepid market growth, etc. impacted the businesses of FMCG brands in the year ended March 31, 2023, various industry players have expressed high h| Marketing News ....