Indian consumer goods companies have operated in Bangladesh, Sri Lanka, and Nepal for years, generally facing little impact from local instability. Marico’s stock dipped nearly 6% due to its substantial earnings from Bangladesh, where its subsidiary accounts for a significant portion of its overseas revenue. Other FMCG companies saw lesser impacts.
Bharti Hexacom shares zoom 4% after Q3 PAT, revenue jump over 20% YoY
Bharti Hexacom shares rose 3.8% after the company reported a 23% increase in net profit, reaching Rs 261 crore, and a 25% rise in revenue
February 7, 2025