FMCG stocks

Gillette India stock surges 27% in 7 sessions on Q2 earnings boost, rallies 139% in 1.5 years

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Gillette India stock surges 27% in 7 sessions on Q2 earnings boost, rallies 139% in 1.5 years

Multibagger Stock: Shares of Gillette India have been on a steady upward trajectory in recent sessions following the company’s impressive financial results for the quarter ending September. Since the announcement of its Q2 results on October 28, the stock has experienced a remarkable run, finishing the subsequent seven trading sessions, including today’s, in positive territory. … Read more

Investors shy from FMCG stocks but embrace quick commerce platforms: Why?

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Investors shy from FMCG stocks but embrace quick commerce platforms: Why?

Hiren Ved, director and chief investment officer at Alchemy Capital Management, noted that investors are increasingly moving away from traditional FMCG stocks. “They are turning to aggregators and e-commerce platforms, particularly quick commerce, which sell both discretionary as well as non-discretionary consumer items as it provides a better proxy for growth as compared to the … Read more

When mkt crashes, defensives like HUL, Nestle, Hero stand tall

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When mkt crashes, defensives like HUL, Nestle, Hero stand tall

On a day when several stocks hit the lower circuit triggering a trading halt, there were some fast-moving consumer goods and auto names that stood tall. This hints at investors fleeing to defensive bets in a highly volatile market. On Tuesday, India VIX jumped 28%. Shares of Hindustan Unilever Ltd, Nestle India Ltd, Britannia Industries … Read more