The international business sustained its healthy growth momentum with constant currency growth of 8%. Each of the markets exhibited strength amidst macroeconomic uncertainty and currency devaluation headwinds," it said.India business delivered a turnover of Rs 1,851 crore, up 2% on a YoY basis. Meanwhile, international business posted a turnover of Rs 619 crore with 8% constant currency growth.

The stock traded at a P/E multiple of 52.18, while the price-to-book value ratio stood at 19.41.

A total of 9,479 shares changed hands on the counter till 12:56PM (IST).

A total of 15,247 shares changed hands on the counter till 11:49AM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 512.13.

A total of 10,880 shares changed hands on the counter till 11:59AM (IST)

A total of 16,976 shares changed hands on the counter till 12:45PM (IST).

A total of 3,355 shares changed hands on the counter till 11:12AM (IST).

Promoters held 59.4 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 25.16 per cent and 2.75 per cent, respectively.

A total of 26,349 shares changed hands on the counter till 12:51PM (IST).

A total of 16,952 shares changed hands on the counter till 12:09PM (IST)

A total of 2,721 shares changed hands on the counter till 11:49AM (IST).

A total of 11,699 shares changed hands on the counter till 12:56PM (IST).

The move will allow ITC to expand presence in the Rs 45,000 crore fast growing, nutrition-led healthy foods space. ITC said this deal is in line with its ‘ITC Next strategy articulated by chairman Sanjiv Puri that focuses on building a future-ready portfolio of products that serve evolving consumer needs

A total of 4,978 shares changed hands on the counter till time (IST).

A total of 7,361 shares changed hands on the counter till 11:43AM (IST).

The stock quoted a 52-week high of Rs 554.05 and a 52-week low of Rs 455.8.

The brokerage models 4% YoY domestic revenue growth, with ~5% domestic volume growth YoY. Three-year volume CAGR at 6%.

On the technical charts, the RSI of the stock stood at 38.61.

The growth pace in the second quarter was mostly dragged by a decline in the edible oil business, which is known for Fortune cooking oil.Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore's Wilmar Group, said packed oil sales increased by high-double digits during the third quarter due to higher in-house and out-of-home consumption.

A total of 5,800 shares changed hands on the counter till 01:11PM (IST)

The stock quoted a 52-week high price of Rs 554.05 and a 52-week low of Rs 455.8.

Operating margin for the three months ended December would shrink by 200 - 250 basis points, the fast-moving consumer goods company said, adding that its gross margin would improve sequentially due to a pick-up in demand in India towards the end of the quarter.

The Relative Strength Index of the stock stood at 49.26 on Friday.

Marico said that during the quarter, the FMCG sector witnessed some improvement in demand, which was more visible in specific categories buoyed by the festive fervour and oncoming winter season.

While the urban and premium categories maintained a steady pace of growth, "recovery in rural demand was not as discernible as retail inflation stayed at elevated levels," Marico said.

Promoters held 59.48 per cent stake in the company as of 30-Sep-2022, while FIIs owned 25.16 per cent, DIIs 9.71 per cent.

India Biz reported mid-single-digit volume growth. The company did not see a significant rural recovery in Q3, while the urban and premium categories maintained their steady growth momentum,” the note added.

The stock quoted a 52-week high price of Rs 554.05 and a 52-week low of Rs 455.8.

However, Marico expects gross and operating margins to improve in the quarter as key input costs and consumer prices across key franchises saw some stability.

Promoters held 59.4 per cent stake in the company as of 30-Sep-2022, while FII and DII ownership stood at 25.16 per cent and 2.75 per cent, respectively.

"Discretionary spending is at absolutely new highs and the index is 20 to 30% higher on a 2-3 year basis. Phoenix wants to be a city centric large retail-led mall sort of a real estate player but their vision is primary retail led. About 10-15 years ago they tried to go to the then smaller cities such as Indore, Lucknow etc. All those cities have grown much bigger over the years.”

A total of 3,636 shares changed hands on the counter till 10:46AM (IST).

A total of 24,100 shares changed hands on the counter till 01:16PM (IST).

The stock quoted a 52-week high price of Rs 554.05 and a 52-week low of Rs 455.8.

On the technical charts, the 200-day moving average of the stock stood at Rs 512.25.

"Indian markets opened on a positive note following positive trade in Asian markets as China re-opens its economy and gradually ends it zero-covid policy giving boost to sentiments and raising hopes of a recovery," said Narendra Solanki - Head Fundamental Research- Investment Services, Anand Rathi Shares & Stock Brokers

The net proceeds from fresh issuance worth Rs 357 crore will be used towards financing the repayment/pre-payment of a loan facility, purchase of equipment and civil work, expansion in capacity of automotive oil, petroleum jelly, white oils by installing blending tanks, funding working capital requirements and general corporate purposes.

A total of 21,675 shares changed hands on the counter till 10:51AM (IST)

A total of 10,070 shares changed hands on the counter till 10:46AM (IST).

On the downside, the area between 18,133 and 18,080 represents a significant demand zone. As long as Nifty trades above 18,080, the general bullish texture will hold, but below 18,080, we can anticipate a short-term trend reversal,” Santosh Meena, Head of Research, Swastika Investmart Ltd., said.

A total of 12,700 shares changed hands on the counter till 01:04PM (IST).

A total of 18,559 shares changed hands on the counter till 12:23PM (IST).

In the previous session, the S&P BSE Sensex rose more than 400 points while the Nifty50 reclaimed 18,400 levels.

A total of 20,408 shares changed hands on the counter till 10:05AM (IST)

A total of 4,468 shares changed hands on the counter till 10:25AM (IST).

A total of 10,561 shares changed hands on the counter till 01:25PM (IST).