P&G India hit by monetary policy: CFO
“Slowing growth rates in India, largely as a result of some monetary policies, have created a bit of a liquidity squeeze, which is drying up inventory through the system,” Jon Moeller, chief financial officer, P&G, told investors on Thursday. “But we continue to grow well in India and build share.”
FMCG likely to grow 9-10% in 2020: Nielsen
Nielsen said the final tranche of Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) payments, improved ...
FMCG sector to expand at 9% in FY20, growth to improve in FY21: Report
The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 per ce...
Barring valuations, FMCG companies could be back in favour: Anand Tandon
If the frontline stocks stay in a range and midcaps and smallcaps were to move up, that would indicate a very healthy market, says Anand Tandon, Independent Analyst in an interview with ETNOW.
Share market update: FMCG shares mixed; Jubilant Foodworks up 1%
The Nifty FMCG index was trading 0.08 per cent down at 31,120.35.
We are cautiously optimistic about FMCG growth this year: Nielsen's Prasun Basu
The country’s FMCG market is expected to stabilise and grow 9-10% in the Jan-Dec calendar year similar to the previous year, Nielsen said. Early signs of stability, macro economic policies, manufacturer action and consumer sentiment is expected to lead money in the hands of the consumer thereby fuelling consumption, the market research firm forecasted.
Share market update: FMCG shares down; P&G dips nearly 1%
The Nifty FMCG index was trading 0.01 per cent up at 31,155.20.
Share market update: FMCG shares decline; Emami slips 3%
The Nifty FMCG index was trading 0.67 per cent down at 31,216.
Share market update: FMCG shares mixed; ITC gains over 1%
The Nifty FMCG index was trading 0.09 per cent up at 31399.1 .
Decline in rural sales hits FMCG in 2019, revival likely by second half of 2020
In 2019, the FMCG industry witnessed slowdown in the rural sales, which was traditionally ahead of urban sales, and in the last two quarters it was half of the urban sales growth due to factors as liquidity crunch in those far flung markets and drop in gross domestic product (GDP) which had weakened household spending.
Eight stocks where FIIs, MFs and promoters all turned bullish in Q3
These companies are yet to announce their December quarter earnings.
Give cash in hand to push demand: FMCG Inc
Industry bats for stimulus measures such as reduction in income tax, job creation and direct incentives for rural consumers. Research firm Nielsen said in an Oct report that overall FMCG sales growth fell from 16.2% yoy in the Sept 2018 quarter to 7.3% in the Sept 2019 quarter, with rural consumption at the slowest in seven years.
Stock market update: FMCG stocks soar; Tata Global jumps 4%
The Nifty FMCG index was trading 0.68 per cent up at 30327.8.
Consumption slump just a phase; neighbourhood shops hit hard: Mariwala
There is a need for the government to unleash both short-term and long-term reforms to reverse the slowdown, he said adding that there is no quick fix or set formula to fight the same.
Share market update: FMCG shares trade higher; Emami gains 4%
The Nifty FMCG index was trading 0.38 per cent up at 31456.3 .
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service