Price Hikes

Ceat | Ceat share price: Price hikes to continue, Ceat pushing for growth to accelerate in second half: Arnab Banerjee

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Ceat | Ceat share price: Price hikes to continue, Ceat pushing for growth to accelerate in second half: Arnab Banerjee

Arnab Banerjee, MD & CEO, Ceat, says price hikes will continue because the pass-through to the tyres per se is inadequate if cumulative price hikes from April to August are taken. Ceat has been able to pass on maybe 4%, in barely a couple of categories, but in a large number of categories, they have … Read more

FMCG shares: FMCG shares rise up to 10%, hint at ‘start of a catch-up rally’

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FMCG shares: FMCG shares rise up to 10%, hint at ‘start of a catch-up rally’

Mumbai: The sharp gains in shares of fast-moving consumer goods companies could be the likely start of outperformance that the sector is set to see over the next few months, said experts, with gains likely even if shares are bought at the current levels. Shares of Marico, Godrej Consumer Products, Hindustan Unilever, Dabur India, Emami, … Read more