FMCG Sector

The company, which also sells Maggi noodles, Kitkat chocolates, and Nescafe coffee, said in a statement that its products were manufactured in the country "in full compliance" with CODEX standards.

Dabur India Ltd. is one of India's biggest FMCG companies, with revenues of over ₹11,530 Crore and a market capitalization of over ₹96,500 Crore.

BAT CEO Tadeu Marroco stated that he is not aiming to dilute any more interest since BAT wants to maintain an impact on the ITC board.

The block trade sale of ITC shares will reduce the single-largest shareholder's position to roughly 25.5%.

The IPO is solely comprises an offer-for-sale (OFS) of shares worth ₹650 Crore

Nykaa is reporting healthy increase in its fashion AOV (up 18% YoY) but its NSV to GMV ratio is also falling consistently.

It was originally reported in December that Prataap Snacks promoters were in talks to sell a majority stake.

Analysts of IIFL Capital Services prefer MBFSL, VBL, United Spirits, Bikaji, GCPL and Sula.

The company's board of directors resolved to call a meeting on February 27 to discuss a proposal for a second interim dividend

According to Nestle, the company's success has been driven by consumer trends and a growing inclination towards brand acceptance in both large and small villages.