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MC Graphixstory | FIIs cut stake in frontline FMCG stocks on weak sales growth in Q3

In Q3, FIIs reduced their stake in Hindustan Unilever to 13.65 percent from the previous quarter s 13.90 percent. Their stake in ITC dropped to 43.26 percent from 43.34 percent, as per the latest shareholding pattern data from exchanges

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Gillette India glides into luxury with Gillette Labs

Gillette India glides into luxury with Gillette Labs
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Decline in volume, revenue growth drags FMCG players

The slowdown in private consumption in the economy is taking a toll on the growth of fast-moving consumer goods (FMCG). The net sales growth of listed FMCG companies hit a 14-quarter low of 2.5 per cent in October-December 2023 (Q3FY24). This is the lowest revenue growth for the industry since the June 2020 quarter, when the FMCG firms in the Business Standard sample had reported a 13.2 per cent Y-o-Y decline in combined net sales owing to the lockdown.

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Dividend Stocks: ITC, Sun Pharma, NTPC, HPCL, among others to trade ex-dividend next week; check full list

Dividend Stocks: Shares of several companies, including Gillette India, Mahanagar Gas Ltd, RITES, and many others will trade ex-dividend in the coming week, starting from February 5

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Gillette India Q2 ad spends down 4% to Rs 75 77 crore: Best Media Info

Gillette India Q2 ad spends down 4% to Rs 75 77 crore: Best Media Info
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