FMCG Sector

Sudarshan Sukhani: BUY Britannia, ACC, Havells India; SELL ZEE

Sudarshan Sukhani: BUY Britannia, ACC, Havells India; SELL ZEE

Technical expert Sudarshan Sukhani has suggested three BUY Calls and one SELL call for today’s trading session.

ICICI Securities: BUY Godrej Consumer Products with Rs 700 target

ICICI Securities: BUY Godrej Consumer Products with Rs 700 target

ICICI Securities has suggested BUY Call for medium and long term investors for Godrej Consumer Products Limited.

Marico Results: EBITDA registers 11% growth

Marico Results: EBITDA registers 11% growth

FMCG major Marico announced 11 percent EBITDA growth and 13 percent profit after tax growth for the year ending March 2020.

ITC to acquire Kolkata-based spices company Sunrise Foods for Rs 1,800-2,000 crore

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India. Sunrise Foods has been in the market for nearly 70 years and the company has a strong portfolio of blended and natural spices. ITC will pay and estimated Rs 1,800 to 2,000 crore for acquisition of Sunrise Foods. ITC has been improving its product portfolio and pan-India presence in FMCG sector and acquisition of Sunrise Foods will give it a strong foothold in East

ITC has signed a share purchase agreement with Sunrise Foods Private Limited to acquire the spices company with strong presence in Eastern India.

BSE Sensex Closes 114 Points Higher; ITC Surprises with 7% Surge

BSE Sensex Closes 114 Points Higher; ITC Surprises with 7% Surge

FMCG and cigarettes major ITC moved 7 percent and closed Rs 189 after the company announced that it has resumed supplying of cigarettes as the government has eased lockdowns.

Mitesh Thakkar: SELL ICICI Prudential, Wipro; BUY Nestle India and Dabur

Mitesh Thakkar: SELL ICICI Prudential, Wipro; BUY Nestle India and Dabur

Market analyst Mitesh Thakkar has suggested two BUY Calls and Two SELL calls for today’s trading session. Indian markets are expected to open weak today as US markets closed low on Wednesday.

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