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premium products from daily groceries and household items to smartphones and beer has bucked the slowdown trend, especially in cities where consumers have cut back on lower-priced products amid inflation. Most consumer companies during the September quarter earnings indicated that urban growth tapered off even as demand in villages recovered gradually. «We actually looked under the bonnet. And even when you peel the surface, you find that the premium segments, popular segments, mass segments, the rank order of hierarchy of growth is the same as observed in other quarters. Premium continues to grow 30-odd percent or thereabouts faster than the other segments. And we see the trend of upgradation remaining consistent and secular even in rural,» Rohit Jawa, managing director at Hindustan Unilever said. Urban markets grew 4.3% while rural areas saw volume growth at 3.9% within the FMCG segment, as per latest data by Kantar. This was compared to a growth of 8.1% in cities and 6.3% in villages a year ago, indicating broad-based slowdown across markets.

equity indices fell on Wednesday, dragged by declines in financial stocks after a two-session rally, as sentiment weakened amid ongoing foreign outflows and lackluster corporate earnings. The 30-share BSE Sensex dropped 426 points, or 0.53%, to close at 79,942, while the broader NSE Nifty fell 126 points, or 0.51%, to end at 24,340.

Nifty closed lower on Wednesday after a two-day gain. A sell-off in the later half of the session erased the morning gains as the star performers of the previous two days i.e. banks came under profit-taking. Nifty formed a small red candle on Wednesday near the 100-Day Exponential Moving Average (DEMA), signalling strong resistance around 24,470-24,500 levels. If the index sustains above 24,500, it may extend gains to the 24,600–24,700 range, with 24,070 acting as a key support. As long as it holds above this level, a «buy on dips» approach remains viable, said Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates.

Subscribe to enjoy similar stories. Sport utility vehicles (SUVs) and compressed natural gas (CNG) variants of existing models are currently driving auto demand in India. Maruti Suzuki India Ltd’s September quarter (Q2FY25) results reflect this.

Dabur India on Wednesday reported a 17% decline in its consolidated net profit, totaling Rs 425 crore for the quarter ended September 2024, down from Rs 515 crore in the same quarter last year. Revenue from operations fell 5% year-on-year to Rs 3,029 crore in the July-September 2024 period, compared with Rs 3,204 crore in the corresponding period of the previous year.

Colgate-Palmolive (India) Ltd. rose 0.88 per cent to Rs 3123.00 in Wednesday's trade. It hit an intraday high of Rs 3138.00 and low of Rs 3068.85, respectively, during the day. The stock quoted a 52-week high price of Rs 3893.00 and low of Rs 2031.05.

REC Ltd. traded 1.75 per cent in Wednesday's session at 01:29PM (IST). The stock opened at Rs 549.75 and has touched an intraday high and low of Rs 549.75 and Rs 535.50, respectively, during the session so far. The stock quoted a 52-week high of Rs 653.90 and a 52-week low of 268.00. About 181,568 shares changed hands on the counter so far.

United Spirits Ltd. traded at Rs 1445.20 on BSE at 01:15PM (IST) on Wednesday, 0.26 per cent from previous close. The scrip quoted a 52-week low price of Rs 1011.10 and a high of Rs 1648.40.

FMCG companies are shifting focus toward “designing for India,” investing in products that cater to varied local tastes and preferences. This has spurred Hindustan Unilever (HUL) and its counterparts to fine-tune both product development and production processes to meet regional demands. An example is in HUL’s tea offerings. «In the South, the Red Label tea we sell is a finer blend. In the North, it’s more grainy. The way we process the tea is also quite different,» Vibhav Sanzgiri, HUL’s Executive Director for R&D, told TOI's Asmita Dey. HUL's strategy underscores the complexity of catering to India’s different regional tastes, climates, and lifestyles. Sanzgiri, who leads a team of over 800 scientists across HUL’s three R&D centers, noted that consumer expectations now extend beyond taste to include health benefits, wellness, fragrance, and even packaging. Beyond HUL, Colgate-Palmolive is also responding to India's unique consumer profile. To cater to consumers’ fondness for snacking, the company introduced arginine-based toothpaste to address oral health concerns. “When designing for Indian consumers, we need to incorporate local taste nuances and focus on the target demographic,” explained Swati Agarwal, Executive Vice-President at Colgate-Palmolive India. The brand has also incorporated localized scents into its shower gel products, recognizing that consumer preference varies across regions.

Avenue Supermarts Ltd. 0.6 per cent to Rs 3940.25 at 12:42PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 6,652 shares with a turnover of Rs 2.62 crore till 12:42PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 95.23, while the price-to-book value ratio stood at 15.76.

LTIMindtree Ltd. 0.14 per cent to Rs 5864.80 in Wednesday's trade as of 12:48PM (IST). The stock hit a high price of Rs 5885.70 and low of Rs 5778.50 during the session. The return on equity (ROE) for the stock stood at 23.45 per cent. Traded volume on the counter stood at 12:48PM shares and turnover at Rs 1.97 crore around that time. The stock of LTIMindtree Ltd. quoted a 52-week high price of Rs 6575.00 and 52-week low prices of Rs 4518.35, respectively.

Varun Beverages Ltd. 0.67 per cent to Rs 605.00 in Wednesday's trade as of 12:53PM (IST). The stock hit a high price of Rs 615.15 and low of Rs 595.00 during the session. The return on equity (ROE) for the stock stood at 29.64 per cent. Traded volume on the counter stood at 12:53PM shares and turnover at Rs 5.09 crore around that time. The stock of Varun Beverages Ltd. quoted a 52-week high price of Rs 682.84 and 52-week low prices of Rs 361.58, respectively.

HDFC Asset Management Company Ltd. 0.08 per cent to Rs 4424.95 at 12:32PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 4,127 shares with a turnover of Rs 1.81 crore till 12:32PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 42.73, while the price-to-book value ratio stood at 11.32.

Vedanta Ltd. traded 0.12 per cent in Wednesday's session at 12:22PM (IST). The stock opened at Rs 471.00 and has touched an intraday high and low of Rs 474.35 and Rs 468.90, respectively, during the session so far. The stock quoted a 52-week high of Rs 523.60 and a 52-week low of 214.50. About 117,996 shares changed hands on the counter so far.

Adani Power Ltd. traded 0.56 per cent at Rs 595.15 at 10:30AM (IST) on Wednesday, even as BSE benchmark Sensex 244.17 points to 80124.86. The stock had closed at Rs 591.80 in the previous session. The stock quoted a 52-week high price of Rs 896.75 and 52-week low of Rs 345.20, respectively. As per BSE data, total traded volume on the counter till 10:30AM (IST) stood at 64300 shares with a turnover of Rs 3.81 crore.

Cipla's shares will be in focus during Wednesday's trading after the company posted a 15% growth in its consolidated net profit, reaching Rs 1,303 crore for the quarter ended September 2024, compared to Rs 1,131 crore in the year-ago period. The profit exceeded the ET Now poll estimates of Rs 1,218 crore. Revenue from operations rose 6% year-on-year (YoY) to Rs 7,051 crore in the July-September 2024 period, compared to Rs 6,678 crore in the same period last year. The company reported an EBITDA growth of 12% YoY, reaching Rs 1,886 crore in the second quarter.

Subscribe to enjoy similar stories. MUMBAI : Diwali is one of India's most significant festivals, marked by various spiritual and religious rites. A key tradition is Muhurat trading, where traders and investors perform Laxmi Puja for prosperity and strategically accumulate valuable stocks to diversify their portfolios.

quick-commerce frenzy, fashion products for dogs and cats are carving a spot in people’s festive season shopping budgets. Sales of pet fashion products have doubled this festive season compared to business as usual, with quick-commerce and ecommerce platforms pushing more pet parents to explore festive-themed offerings for their beloved animals, industry executives said. On Sunday, Blinkit chief executive Albinder Dhindsa introduced a series of festival-focused pet products, including kurtas and lehengas, under the name ‘Diwali with Pets’.

Sensex and Nifty50 ended higher for the second straight day on Tuesday, as gains in banking and financial stocks helped the indices reverse course in the final hour of trading after having spent the day under pressure due to some tepid earnings reports and persistent foreign selling. The NSE Nifty 50 rose 0.52% to 24,467, while BSE Sensex gained 0.45% to 80,369. Both the indices had dropped about 0.7% each earlier before the U-turn sparked a second straight day of gains.

work-life balance has gained popularity within the modern corporate world, numerous organizations still struggle to implement it successfully. This challenge is intensified by the reality that many employees feel compelled to demonstrate their commitment by compromising their well-being for their careers. A job search coach on LinkedIn highlighted a concerning trend in today’s workplaces — a culture that not only idolizes excessive work but also places a negative label on those who stick to their standard responsibilities. In one such situation, an employee who was regularly known for working late began leaving the office around 6:30 pm. Disturbed by this change, the manager asked a team member to classify him as a potential “attrition risk.”

Newspaper owners across the country have been ditching presidential endorsements, figuring they shouldn't alienate readers with something most of them don't care about