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Large cap stock down by 5.6% after it plans to raise funds via QIP

Trade Brains

Food Aggregator shares fell by around 5.6% From the food delivery business, they forayed into grocery delivery through the acquisition of BlinkIt. The food and grocery delivery company in the recent July quarter reported a jump in net profit of Rs. increase in the food delivery business. 253 crore when compared to Rs.

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Why did Tata Consumers stock price fall by more than 8% today?

Trade Brains

Despite these challenges, growth in the company’s food business was muted, with organic revenue rising 9%, though volumes increased only by 1%. The company produces and distributes a wide range of food and beverage products. Its branded segment covers both Indian and international markets, offering beverages and food products.

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Deloitte Forecast on India’s GDP; Will Indian Economy Hit $5 Trillion?

Trade Brains

For instance, food inflation has moderated significantly. Investors must therefore exercise due caution while investing or trading in stocks. Please consult your investment advisor before investing. Consequently, they tap into India’s demographic advantages effectively. appeared first on Trade Brains.

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Weekly Market Insights: September 2nd, 2024

Cornerstone Financial Advisory

The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Food for Thought… “Nothing will ever be attempted, if all possible objections must be first overcome.” a Registered Investment Advisor.

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10 Weekend Reads

The Big Picture

Aeon ) • Hippy, capitalist, guru, grocer: the forgotten genius who changed British food : Nicholas Saunders was a counterculture pioneer with an endless stream of quixotic schemes and a yearning to spread knowledge – but his true legacy is a total remaking of the way Britain eats. ( Is there an alternative?

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FMCG stock jumps 4% after company’s net profit increases by 20% YoY

Trade Brains

Outlook The company expects demand trends to improve in the second half of the year, supported by favorable monsoon conditions and government investments in rural economies. Investors must therefore exercise due caution while investing or trading in stocks. Please consult your investment advisor before investing.

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Large cap stocks trading below their 200 day EMA to keep an eye on

Trade Brains

Also read… Stocks to benefit from cabinet’s approval of railway projects worth ₹6,798 Cr Tata Consumer Products Ltd Tata Consumer Products Ltd is involved in the fast-moving consumer goods (FMCG) sector, primarily focusing on food and beverages. Investors must therefore exercise due caution while investing or trading in stocks.

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