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“After a long hibernation, pharma has come out of its orbit. Probably, there is a lot more upside. There is some bit of valuation comfort still in pharma, which has reached near fair valuation but it is still nowhere like the premium valuation it used to command during the Covid times.” ....
Fmcg: “We address need states and there are eight or nine very important beverage need states. There is an opportunity for a kind of a beverage at some point in the day, throughout the year and even within the sparkling portfolio, when we do our overall opportunity size mapping, the opportunity is still massive,” says Arnab Roy. ....
Last month, ITC announced its board has approved in-principle the demerger of the hotels business where ITC retains 40% stake and 60% will be owned directly by the companys shareholders proportionate to their shareholding in ITC. Puri said there is no change in economic interest of ITC shareholders in the new arrangement since they will hold 60% directly and 40% indirectly through their holding in ITC. ....
The sign said Spicy Milky Chai R30, so I stopped. Why not? I was at the Wild Oats Community Farmers Market along the N2 near Sedgefield, billed on its website as “an exciting and significant landmark in the heart of South Africa’s Garden Route”.. The website continues: “This multiple award-winning community farmers market is located on the outskirts of the tiny coastal town of Sedgefield adjacent to the beautiful Swartvlei lake lagoon [which I know to be full of spotted grunter]. ....
By value, the industry grew 12.2% in the quarter, 1.3% higher than the same period last year, driven by higher consumption growth, the researcher said. This growth comes two years after the industry, impacted by high inflation, had seen price-led growth for more than two years. ....