Sanjay Manyal

Sanjay Manyal of ICICI Direct is positive on the stock on FMCG side. Food business is expected to grow at 15 percent plus compounded annual growth rate and will aid future growth for the company.

Analysts upbeat on ITC growing its FMCG, agri business

Sanjay Manyal of ICICI Direct is upbeat on ITC going forward and expects FMCG business to do well.

HUL's volume numbers a worry, but will improve: Analysts

Sanjay Manyal of ICICI Direct said volume growth has been a disappointment. However, impact of good monsoons and ad spends will help the company going forward.

Despite today's rally, ITC still has room to run: ICICI Direct

In an interview with CNBC-TV18, Sanjay Manyal of ICICI Direct termed yesterday's excise duty hike on cigarettes as the "mildest in the last 3 years" and said a price hike of 5-6 percent price hike on cigarettes would be enable ITC to cover the additional cost.

HUL Q1 margin seen steady around 17%; volume rise seen 6%

Manyal says HUL‘s margins are likely to be steady around 17 percent as the company has passed on the benefits from lower raw material prices to its consumers

'Asian Paints Q4 disappointing, long-term prospects strong'

Asian Paints has missed the Street expectation in its fourth quarter ended March. The company has posted a consolidated net profit of 18.6 percent to Rs 341 crore as against Rs 287.4 crore in the corresponding quarter last fiscal.

Repetition of HUL Q4 growth unlikely now: ICICI Direct

The company's profit rose 16.7 percent year-on-year to Rs 1,018 crore compared to Rs 872 crore in the year-ago period.

Over 20% excise hike on cigarettes to be -ve: ICICI Direct

Discussing his Budget expectations for the FMCG sector, Sanjay Manyal, Research Analyst at ICICI Direct, says the industry heavyweight ITC may absorb up to 10 percent excise hike on cigarettes, but an over 20 percent increase could be a negative for the industry as a whole.

See volume degrowth for ITC; do not buy fresh: ICICI Dir

Sanjay Manya of ICICI Direct thinks in case the ban on loose cigarettes comes through, ITC could take a price hike of 15-18 percent.

ITC slips 3%, revenue growth concerns loom large

Kaustubh Pawaskar, FMCG Analyst, Sharekhan feels it takes around 2-3 quarters for sales volumes to improve post the price increase but now this is the second consecutive year wherin cigarette prices have moved up significantly.

Here's how analysts are reading ITC's Q2 earnings

Kaustubh Pawaskar, FMCG Analyst, Sharekhan expects the stock to remain under pressure.

HUL valuations expensive; target Rs 590: ICICI Direct

HUL‘s Q1 total income came in lower-than-expected 7 percent though the reported net profit was higher-than-expected at Rs 1019 crore compared with Rs 1331 crore in a year ago period.

ITC's cigarette sales smoky, FMCG lags too: ICICI Direct

In an interview to CNBC-TV18, Sanjay Manyal, Research Analyst, ICICI Direct stressed that ITC's first quarter numbers clearly shows signs of a slowdown in cigarette sales volumes.

Fundamentals don't warrant HUL, Nestle jump: ICICI Direct

Hindustan Unilever (HUL) hit an all-time high of Rs 698.95 on Wednesday on MSCI and FTSE rebalancing.

Positive on Dabur, says Sanjay Manyal

Sanjay Manyal of ICICI Direct is positive on Dabur India as the volume growth that has seen in the previous quarters would sustain.

Q3 meets estimate; small cigarettes boost ITC volume: ICICI

Beating estimates, cigarette major ITC reported a 21 percent year-on-year rise in its third quarter net profit at Rs 2.052 crore. Boosted by a strong growth in its FMCG business the company‘s net sales grew 23 percent at Rs 7,627 crore.

ITC good buy at dips; positive on Dabur, Marico: ICICI Dir

Sanjay Manyal of ICICI Direct feels implementing those orders in India seems to be a far-fetched idea which is likely to take a long time. However, ITC still remains a good buy on dips, he added.

ICICI Direct analyses HUL's Q3 result; Says buy at Rs 405

Analysts on average were expecting HUL to report a net profit of Rs 710 crore on revenue of Rs 5,875 crore in October-December. Sanjay Manyal, research analyst at ICICI Direct tells CNBC-TV18 that the results were inline with his expectations.

ITC's cigarette margins will continue to go up, say experts

The ITC Q2FY12 numbers were inline with our expectations, said Himani Singh, equity research analyst at Elara Capital and Sanjay Manyal, research analyst at ICICI Direct. Singh feels that the company would surprise on the positive side for this financial year. Manyal stressed on being positive on the cigarette margins.

ITC high on Q4 profit, expert says will smoke in 15% upside

In an exclusive interview with CNBC-TV18, research analyst of ICICI Direct, Sanjay Manyal says that this year, “the 15% price hike contributed very well to the margins of ITC” He expects to see “an upside of 15% odd” in the stock.