Colgate-Palmolive Q3 Results: Net profit dips 4% to Rs 243 crore
The company is focussed on its key strategic pillars of building oral care habit in India, driving innovation and renovation through science-led products and premiumisation," Colgate-Palmolive (India) Managing Director Prabha Narasimhan said.
Colgate Palmolive Q3 profit drops 3.6% on weak operating performance
"Although oral care consumption continued to be weighed down in the quarter by adverse macro factors, we are cautiously optimistic going forward," Colgate Palmolive said in its exchange filing on January 24.
These 5 stocks may exit Nifty Next 50 index in March rejig: Nuvama Wealth
As a result, Nuvama Wealth feels the stock should get included in the March review. Adani Wilmar qualifies for inclusion into Nifty Next 50, but if the exchange uses the discretion to give preference to stocks that are part of the derivatives segment, then Nuvama Wealth believes either Trent or TVS Motor can be probable candidates for inclusion in the index.
A decisive move by Nifty below 17,750 is likely to prompt traders to add fresh bearish bets, said technical analysts. Balkrishna Industries, Apollo Tyre, HDFC Life, ICICI General Insurance and, SBI Life, M&M, Cummins India, ABB are some of the stocks suggested by analysts for short-term trading.
Stocks to buy or sell today: 7 short-term trading ideas by experts for January 6, 2023
“Options data suggests a broader trading range in between 17700 to 18500 zones while an immediate trading range in between 17850 to 18250 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
Investing in what we consume -- an old strategy in a new world
Consumer companies have launched low-unit packs (LUPs) to boost sales of premium products in rural and low-income areas. These companies derive 55% of their revenue from urban markets and the remaining from rural ones.
FMCG among top 5 performers in 2022 as faith in India’s consumption story intact
A year that saw volume growth drop sharply due to the inflation impact on rural consumption,and profitability bearing the brunt of spiralling commodity prices, most FMCG majorsweathered the storm and managed to report growth in sales and profits.
Can Ather Industries, Anumpam Rasayan prove to be the next Infosys? Vinit Bolinjkar answers
“Among smallcaps, we like EMI Ltd. It is another stock based in Hyderabad and Telangana area and they also have a good presence in Delhi. We believe that that stock should perform well and our target on that stock is Rs 180-200 in the next two to three years. You are looking at a more than 100% run from the current levels.”
Chart Check: Colgate on verge of giving breakout from Symmetrical Triangle; fresh record highs possible
The stock hit a fresh high of Rs 1,695 on September 2, 2022, but it failed to hold on to the momentum. Momentum suggests that the stock will be able to break above this level. On the price front, the stock price is trading above the crucial short- and long-term moving averages placed at 5,10,30,50,100, and 200-DMA which is a positive sign for the bulls.
Top 10 trading ideas by experts for next 3-4 weeks as profit booking steps in
The banking index has been showing outperformance and is continuing its uptrend after some consolidation. Among private sector banks, Axis Bank is showing strength and has given a breakout above its previous swing high resistance.
Nifty could encounter more selling pressure: Analysts
We recommend focusing on stocks based on the sectoral trend. We expect the positive tone to continue in banking and FMCG sectors while pharma and IT stocks may continue to trade lackluster. Besides, its prudent to keep the leveraged positions hedged, especially overnight trades, citing the upcoming data and events and staying selective on the broader front.