Emami’s D2C bet faces a new test as buyback offers support
- Emami is using D2C brands and acquisitions to drive growth, but must turn that growth into profits
- Emami’s D2C strategy and profitability will shape its outlook for Indian FMCG investors
NSE close · Thu, 1 OctNifty 5022,421.95▼ 0.88%Nifty Bank54,450.75▼ 0.33%Midcap 10058,732.00▼ 1.01%Smallcap 25017,589.05▼ 1.18%India VIX14.46▲ 7.19%IT28,304.70▲ 2.17%Auto25,384.95▼ 3.46%Pharma26,311.55▼ 0.48%FMCG43,789.85▼ 1.61%Metal12,460.70▼ 2.35%Realty835.00▼ 1.46%Energy36,388.15▼ 0.68%PSU Bank7,937.80▼ 0.98%Financials24,556.10▼ 0.38%Media1,546.30▼ 2.33%Defence9,142.55▼ 1.45%Durables35,927.80▼ 1.91%Biggest movesMONEYVIEW▲ 58.5%MOLBIO▲ 15.6%THOMASCOTT▲ 12.3%AUGMONT▲ 10.0%HEROMOTORS▲ 10.0%VIVIANA▲ 10.0%LOKESHMACH▲ 9.5%ANAWIL▼ 11.0%
Topic
FMCG and consumption▼ −17% net tone today
Nifty FMCG −1.61% vs Nifty −0.88% on Thu, 1 Oct- Food companies opposed proposed red warning labels, citing possible confusion with non-vegetarian products
- FSSAI proposed red hexagonal labels for packaged foods high in sugar, fat or salt
- US holiday online sales are forecast to grow 6.7%, Adobe Analytics said
Stories per day
1127 Sept
2528 Sept
1529 Sept
1530 Sept
191 Oct
52 Oct
03 Oct
Pandora opens Vietnam factory as it targets further growth across Asia
- The $150 million facility expands Pandora’s manufacturing footprint beyond Thailand
- Reuters calls it the world’s largest jewellery factory
- More competition could pressure Indian jewellery retailers, including Thangamayil Jewellery