Adani Wilmar shares rise 4.4% after company posts strong volume growth for Q3

Adani Wilmar stood out as the best-performing IPO in 2022 by delivering 130% return to its shareholders. The stock, which went public in February of this year, is currently trading at 152.9% higher than its initial public offering price of ₹230 per share.

FMCG Q3 earnings preview: Margins likely to improve on falling input costs but volumes may continue to suffer

Consumer goods companies expect rural demand to recover from Q4 FY2023 with the easing of consumer inflation, better rabi production, and the likely offering of stimulus by the government in the upcoming Budget.

FMCG Q3 sales: Urban rebound persists, rural demand lags: Report

Marico stated that the FMCG sector saw some improvement in demand during the quarter, which was more visible in specific categories buoyed by the holiday season and the upcoming winter season. “Urban and premium categories maintained their steady pace of growth,” the company said.

Britannia aims five-fold growth in cheese business in next 5 years, says MD Varun Berry

The company, which earlier this week announced a joint venture with the French cheese maker Bel, currently has around ₹250 crore in turnover from its cheese business, Berry told PTI.

FMCG industry continues to see slowdown; sales volume falls in rural markets in Sept quarter: Report

FMCG industry continues to see slowdown; sales volume falls in rural mkts in Sept quarter: Report

FMCG sales remained subdued in Q2; This is what Marico, Godrej and Dabur says about the coming months

Leading makers such as Marico, Godrej Consumer Products Ltd (GCPL) and Dabur in their quarterly updates said demand across categories in the industry continued to remain soft during the second quarter on account of continued impact on unprecedented inflation.

Marico India business posts low single-digit volume growth in second quarter of FY23

Marico India: In a quarterly update, the company said demand sentiment in India trended on similar lines as the preceding quarter during most of the second quarter, with some signs of positivity in the last month.

Nestle vs HUL: Which FMCG major to pick for the long-term? ICICI Securities says this

In a recent report, brokerage house ICICI Securities said that it believes Nestle may potentially outperform HUL in long term driven by multiple favorable factors (both extrinsic and intrinsic).

Adani Wilmar regains ₹1 lakh crore market cap; up 11% in last eight trading sessions

Adani Wilmar plans to expand its ready-to-cook portfolio. It currently sells ready-to-cook khichdis and seeks to expand that portfolio with rice-based items such as ready-to-cook biryani kit under the Kohinoor foods brand.

FMCG Sector Outlook: HUL, Emami at higher risk due to direct-to-consumer model, says Axis Cap

Brokerage house Axis Capital attempts to look at the changing landscape in the Beauty and Personal care (BPC) space due to the advent of D2C.

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Adani Wilmar shares rise 4.4% after company posts strong volume growth for Q3

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