Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The company expects Bournvita Crunchy to strengthen its presence in the cookie segment.
The Rs 1-trillion organised dairy market is dominated by co-operatives in almost every state.
The country's top FMCG stocks, such as Hindustan Unilever, ITC, Nestl, Britannia, Godrej Consumer Products, and Dabur, among others, are currently trading at around 41x their trailing 12-month earnings, down from their peak P/E multiple of around 48x at the end of December 2018.
Maggie Amritraj, mother of former Indian Davis Cup players Vijay Amritraj and Anand Amritraj, passed away in Chennai on Saturday after prolonged illness.
Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent
If there is a morality tale here, it is that debt and death spare no king.
HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bangalore-based software engineers of LogicaCMG will manage and support information applications for European airline Britannia Airways.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
Ajit Mishra answers reader queries on the stock market.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Xherdan Shaqiri inspired StokeCity to a convincing 2-0 victory over Premier League leaders ManchesterCity in blustery conditions at the Britannia Stadium on Saturday.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.
In India, Danone holds a 25.5 per cent stake in market leader Britannia Industries through holding company Associated Biscuits International Holdings.
The move will result in Britannia and Wadia BSN, being dismantled.
French firm in talks with Wadias over future relationship.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
FIIs have offloaded shares of Bajaj Corp, Nestle, Jyothy Laboratories and Britannia.
The warring promoters of FMCG major Britannia - the Wadias and the French dairy giant Danone - are looking at sorting out intellectual property rights issues
More than the revenue component, the movies gain hugely in terms of visibility and reach, reports T E Narasimhan.
Arvind Kejriwal's road show in Britannia chowk area of Chandni Chowk constituency, nine days ahead of the Lok Sabha polls, drew enthusiastic crowd which had gathered to catch a glimpse of the Aam Aadmi Party chief.
Experts point to the higher contribution of rural from the north for the growth reported by the region, a point endorsed by companies who've been pushing their presence aggressively there.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
FSSAI to remove potassium bromate from food additives list
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
In the past month, wheat prices have increased 6.3% as production is expected to be 1.5% lower, in terms of crop acreage, than the earlier estimate
Wrapped in blue and orange wax paper, it's a familiar sight on the shelves of kirana stores across the country. Given how well travelled and mobile it is - starting its journey in Chennai, then turning to Singapore and now landing in Mexico - you could say it lives up to its name: Modern. Modern Food Enterprises, the company that manufactures and sells the bread in question as well as other bakery products under the "Modern" brand name, has recently been sold to the world's largest baking company, Grupo Bimbo, for an undisclosed amount. This latest transaction is the second change of guard at Modern within five years and third since the government divested the company at the turn of the century. At a time, when the National Democratic Alliance government has decided to privatise, or shut down, public sector enterprises except for those deemed strategic, Modern makes for a promising case study of how divestment led to the brand's growth, both in revenue and reach.
While sales momentum from rural areas may last another three to six months, sales growth in urban areas could stage a comeback by next year's June quarter as people learn to live with the coronavirus and economic activity gradually improves in the cities.
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