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Page 72 - Fmcg News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Britannia s solid Q3 margin takes the stock to a new high

Going ahead, it remains to be seen if margins sustain in the backdrop of a gradually recovering demand environment. An increase in competitive intensity would lead to rise in advertising and promotion expenses, which would weigh on Ebitda margins

FMCG Consumption Continues to Decline With Negative Volume Growth in Dec Quarter: Report

The rural markets declined 2.8 per cent registering the sixth consecutive quarter with negative volume growth, while the urban market maintained stable positive growth of 1.6 per cent. 

Good days for Britannia investors

Investors have given a thumbs-up. Shares of the FMCG company hit a new 52-week high of ₹4,596 apiece on Thursday, closing up by nearly 5%.

Almost 25-30% products sold in India spurious with counterfeiting: Report

Counterfeiting is most prevalent in apparel (31%), FMCG (28%), and automotives (25%) are the top segments where consumers came across a counterfeit product, followed by Pharmaceuticals (20%), consumer durables (17%), and agrochemicals (16%), the report said

Royalty hike dulls HUL s Q3 shine

The FMCG giant said its board has approved a proposal to increase the royalty and central services fees payout to parent Unilever Plc from about 2.65% in FY22 to 3.45% in phases over three years.

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