FMCG Sector

BUY Tata Consumer: Gaurav Bissa, LKP Securities

BUY Tata Consumer: Gaurav Bissa, LKP Securities

LKP Securities Assistant VP Gaurav Bissa has suggested BUY Call for Tata Consumer on declines.

Long Term BUY CALL for ITC: SAMCO Research

Long Term BUY CALL for ITC: SAMCO Research

SAMCO Research has recommended long term BUY Call for FMCG and Cigarettes major ITC.

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.

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