Shreyash Devalkar of Axis Mutual Fund discusses the market volatility and potential growth areas like FMCG, private banks, and IT. He emphasizes the importance of monitoring valuations and anticipating a market turnaround for these sectors. He says that most of the volatility at the stock level is based on the result season.
Abneesh Roy from Nuvama Institutional Equities discusses Britannia s positive growth outlook despite local competition and tech disruption, while also reflecting on challenges faced by Titan in the jewelry segment and eyewear business.
The company also declared an interim dividend of Rs 10 per share for the financial year 2024-25 and the record date for ascertaining the names of the shareholders who will be entitled to receive the said dividend is Tuesday, May 14, 2024. The dividend will be paid on or before Wednesday, June 5, 2024.
Fmcg: India s market sees a surge in liquid cleaners popularity, driven by ecommerce growth and competition among top companies like HUL, ITC, and Colgate. The trend towards premium, differentiated products reflects changing consumer preferences and aspirations.
The family’s asset division plan has done well to minimize scope for a wrangle over a brand prized for elasticity across markets. Like a Möbius strip, the brand can be split but not apart.