The Nifty FMCG Index has risen 1.5% so far in May, beating the benchmark NSE Nifty 50 Index by more than two percentage points. It underperformed in each of the previous six months.
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its
Coal India shares rose on Wednesday after the state-run miner reported a 5.5% YoY rise in August coal supplies. Strong April-August volumes, lower pithead inventories
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