Shares of fast moving consumer goods (FMCG) players witnessed a strong selloff on December 9 after a weak quarterly update from industry major Godrej Consumer sparked concerns of an industry-wide demand slowdown.Industry bellwether Hindustan Unilever recorded its worst fall in six weeks as it plunged 4 percent, followed by Dabur, Marico and Tata Consumer Products, Britannia and Colgate--that were ...

Stocks in FocusQuarterly EarningsSiemens Q4 (Consolidated YoY)Profit zooms 45.4% to Rs 830.7 crore Vs Rs 571.3 croreRevenue increases 11.3% to Rs 6,461.1 crore Vs Rs 5,807.7 croreEBITDA jumps 34% to Rs 938.1 crore Vs Rs 700.1 croreMargin expands sharply to 14.5% Vs 12.05%WiproThe technology services and consulting company has announced the extension of its work with Marelli, a global leader in aut...

And just like that, the House of Cards came crashing down on October 3 as benchmark indices plunged deep into the red, rattled by Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation in the war. But is this another false fall, destined to be propped up by the familiar 'buy on dips'?The geopolitical tinderbox is now the biggest threat to global equities, war...

Shares of Dabur rose over 4 percent on July 8 after the company shared a positive business update for the April-June quarter. The company anticipates mid to high single-digit growth in consolidated revenue for Q1FY25.At 10.05 am, shares of Dabur India were trading at Rs 628.45 apiece on the NSE.The India business is also expected to record mid-single-digit volume growth, with demand reflecting a s...

All’s well that ends, the market seems to be saying, looking at the runaway rally over the past three sessions. On the day of the election results, investors fled fancied themes like capex and PSU and sought refuge in FMCG names. The mood has improved significantly since, and investors are now loading up on both defensive as well as market-fancied themes. The obsession with a stable government f...