The top 20 companies based on their market capitalisation now account for more than half of total market value
The three manufacturing plants are located at Haridwar in Uttarakhand, South of India (erstwhile GSK plant) and in West Bengal.
Food and refreshment segment showed strong growth of 51.7 percent at Rs 2,958 crore. EBIT increased 53.6 percent YoY to Rs 582 crore in Q1 FY21
In the Renko chart, the price has managed to breakout above the MAST Cloud and has also subsequently taken support from the MAST Cloud indicator, suggesting underlying strength
Net Sales are expected to decrease by 2.4 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs. 9,872.8 crore, according to ICICI Direct.
While RIL, TCS, HDFC Bank, Hindustan Unilever Limited, Infosys and HDFC witnessed a jump in their valuation, Bharti Airtel, Kotak Mahindra Bank, ITC and ICICI Bank finished with losses.
The Brand Footprint Report 2020 from the from worldpanel division of Kantar has listed the most popular brands in India. Find out which brands have the maximum reach in the country.
For most FMCG companies, a large part of the decline came in the second half of March due to a nationwide lockdown to contain the COVID-19 pandemic.
Emami is evaluating legal action against HUL for renaming its men’s range of Fair & Lovely products as 'Glow & Handsome'.
During the past week, the 30-share BSE Sensex advanced 850.15 points, or 2.41 percent. Tata Consultancy Services and Reliance Industries emerged as the biggest gainers in terms of market value.
In this edition of Business Insight, find out why Emami is seeking legal recourse against HUL.
Addressing shareholders at the company's annual general meeting online, Mehta also said the the Centre, which has taken several measures to boost the economy, "should keep a close watch on the demand situation and step in unhesitatingly if it does not pick up in the next few months".
Moneycontrol's Sakshi Batra does a 3-Point Analysis to understand why HUL can't withdraw the product and how the move will affect its brand placement.
The Indian fairness cream market is dominated by HUL, Procter & Gamble and Garnier (L'Oréal)
The move comes a few days after Johnson & Johnson, the US healthcare and FMCG giant, decided to discontinue its skin-whitening creams.
Reliance Industries became the first Indian company to cross the Rs 11 lakh crore market valuation-mark on June 19 after Chairman Mukesh Ambani announced that his oil-to-telecom conglomerate had become net debt-free.
Motilal Oswal remains positive on HUL in the medium term with a Buy rating and target price of Rs 2,400 per share.
In the ranking of top-10 firms, RIL retained its number one slot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ITC and ICICI Bank.
HUL said it does not expect any difficulties in servicing financial arrangements and recoverability of its assets
Reliance Industries Limited added Rs 21,300.4 crore to its market valuation to stand at Rs 9,28,849.39 crore.
The ventilators are being delivered to the Thane Health Department for use across several hospitals across the state
Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.