Investors would do well to keep their expectations in check. Here, lower exposure to rural markets and decent pricing growth should help Nestle perform relatively better.
“Our FMCG pricing monitor (e-commerce) reveals that Nestle continued to take price increases on several products (especially baby food and coffee) during the quarter," said a Kotak Institutional Equities report dated 4 October. The brokerage expects Nestle’s revenue to grow by 11.5% year-on-year in the September quarter.
This compares with 15% growth seen in the previous quarter.
For HUL, muted volume along with flat pricing means year-on-year revenue growth would reduce further in Q2.
Denne historien er fra October 19, 2023-utgaven av Mint Mumbai.
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Denne historien er fra October 19, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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A counterintuitive view on education
A book about Shomie Das, principal of three posh schools, serves as a rich distillation of his thoughts on education
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A whole new League
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Skip cheese and sip wine in Switzerland
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