Union Budget 2024: Impact of the budget on FMCG Companies Union Budget 2024: Impact of the budget on FMCG Companies Finance Minister Nirmala Sitharaman allocated a significant amount of capital for MGNREGA, Agriculture, and allied sectors which could improve rural consumption. Manoj Reddy Sama / Tuesday, July 23, 2024 0 651 Article rating: 4.3 The increased funding for MGNREGA, agricultural support, and the focus on improving productivity in agriculture is expected to raise disposable incomes in rural areas, leading to higher rural consumption and benefiting FMCG companies. Read more
52-week high alert: FMCG mega player declares dividend of Rs 10 per share; Do you own it? 52-week high alert: FMCG mega player declares dividend of Rs 10 per share; Do you own it? The company achieved a substantial underlying volume growth of 12 per cent, coupled with a notable top-line growth of 6 per cent. Vaishnavi Chauhan / Tuesday, May 7, 2024 0 4032 Article rating: 4.1 The record date to determine the eligible shareholders for receiving the dividend is scheduled for Tuesday, May 14, 2024. Read more
Key initiatives in budget 2024: Empowering the poor and boosting FMCG purchasing power Key initiatives in budget 2024: Empowering the poor and boosting FMCG purchasing power Direct Benefit Transfer, PM-SVANidhi, PM-JANMAN Yojana, PM-Vishwakarma Yojana, and PM Mudra Yojana are some of the key initiatives announced in Budget 2024 aimed at empowering the poor and increasing their purchasing power. Ashwin Urkude / Thursday, February 1, 2024 0 1077 Article rating: 4.4 Direct Benefit Transfer, PM-SVANidhi, PM-JANMAN Yojana, PM-Vishwakarma Yojana, and PM Mudra Yojana are some of the key initiatives announced in Budget 2024 aimed at empowering the poor and increasing their purchasing power. Read more
World Chocolate Day: This company manufactures the most desirable chocolate KitKat. World Chocolate Day: This company manufactures the most desirable chocolate KitKat. Company’s Kit Kat chocolate has also won India’s most desirable chocolate bar brand in the year 2022. Rakesh Deshmukh / Friday, July 7, 2023 0 1331 Article rating: 5.0 Nestle India achieved a significantly high return on capital employed (ROCE) at 138 per cent and a return on equity (ROE) at 108 per cent. Read more
This small-cap stock that has delivered a staggering 35,000 per cent return over the past decade, turning a Rs 10,000 investment into Rs 35 lakh! This small-cap stock that has delivered a staggering 35,000 per cent return over the past decade, turning a Rs 10,000 investment into Rs 35 lakh! The company has diversified its manufacturing capabilities across various FMCG categories, including food and beverages, home care, fabric care, beauty and personal care, health care and wellness, leather and sports footwear and pest control, among others. Kaustubh Bhosale / Tuesday, April 18, 2023 0 1067 Article rating: 4.6 While the company has returned 627 per cent over the last five years and the stock has surged 400 per cent in the last three years, its shares have been under pressure this year, falling 6.80 per cent year-to-date. Read more