Stocks to Watch, 31 October: Stocks like ITC, DLF, Dabur India, Swiggy, Bandhan Bank, United Spirits, TD Power Systems, Manappuram Finance, Gillette India, Welspun Corp, LT Foods, Lodha Developers, Pidilite Industries, Motilal Oswal Financial Services, Datamatics Global Services, Navin Fluorine International, and Reliance Industries will be in focus on October 31.
Gillette India Q3 Results: The company announced a dividend of Rs 47 per share for the financial year 2025.
Gillette India reported a positive set of Q3 earnings which fuelled optimism among investors, sparking a wave of heavy trading volumes in the counter.
Gillette India stock soared on strong Q2FY25 results. The company announced the appointment of Srividya Srinivasan as the Company’s Chief Financial Officer (CFO) effective November 1.
The company, which follows the July-June financial year, had reported a profit of Rs 92.69 crore in the corresponding quarter of the preceding year, according to a BSE filing from Gillette India.
Gillette India Share Price | The company indicated that this agreement contributed approximately 2% to its total net sales for the financial year 2023-24.
Stocks like PC Jeweller, Zee Media Corporation, Gillette India, HDFC Life Insurance Company, Tata Power Company, Mukta Arts, Hindustan Foods, and Rushil Decor will also be in focus on September 25.
As a consequence of this termination, the Company will have an impact of proportionate drop in net sales under this Agreement.
Gillette expects the grooming category in India to continue growing at mid-single-digit levels — in line with the overall FMCG market — despite increased competition.
The stock of the company was trading at Rs 6,818.85, higher by 9.82 percent on BSE at 13:48 pm on April 30
In case, the Nifty50 gets broken down the support 19,480, the low of previous week, 19,300 (the low of October month) is likely get tested in coming sessions, experts said.
Sharath Verma, Chief Marketing Officer, and Saurabh Bajpai, Grooming Category Leader have resigned from their India leadership roles at Gillette India due to a change in their assignment at Procter & Gamble (P&G).