AMUL STOCKS
Summer products sales go off the charts
Demand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas office saw a retailer camping out for stock, while managing director Pradeep Bakshi dealt with high demand and depleted inventory.
FMCG giants pivot to premium: Nestle and ITC lead with innovative strategies
FMCG giants like Nestle India and ITC are adopting innovative strategies to tap into the growing demand for premium products. Nestle plans to hire tasters and connoisseurs for its super-premium Nespresso coffee and boutiques, while ITC is leveraging AI and ML to predict demand and recommend products for its premium portfolio, including Fabelle chocolates and skincare.
Vanishing vanaspati still plays an outsized role in calculation of WPI
Although the usage of vanaspati has significantly reduced, it remains a significant factor in calculating the Wholesale Price Index (WPI). In India, vanaspati consumption has dropped from approximately 6% of total cooking oil consumption in 2010-11 to about 3% in 2022-23. While household consumption of vanaspati has declined and shows no signs of reversal, it remains prevalent in processed foods and the baking industry.
High temperatures expected to heat up ice-cream sales
The India Meteorological Department (IMD) has forecast summer season temperatures to be above normal this year with a greater number of heat-wave days. Leading ice-cream brands are already experiencing a surge in demand.
FMCG companies to limit B2B sales to level field for distributors
Leading consumer goods companies like Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers like Flipkart Wholesale, Udaan, and Reliance Cash and Carry to avoid margin issues and cannibalization by traditional distributors. This helps them reach the vast network of kirana stores in India.
Sanjiv Bhasin says add Trent on dips; points to a dark horse which is a must-have in portfolio
"Manappuram, with its secure lending product and diversified portfolio, is a top pick. Cummins, although not cheap, is a profitable investment with positive commentary and strong performance in the capex sector. Parag Milk stock can even be a Rs 500 stock in the next two years. So Parag milk is one of the top picks which I have."
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Buy & accumulate Paytm on dips; 2 top picks in rural play & city gas distribution: Sanjiv Bhasin
“Forget about sugar, get into milk, cheese. The biggest industry growing now is the dairy industry. We are consuming about Rs14 lakh crore which can go to Rs 30 lakh crore by 2030. Parag Milk is the pick here. It is the third largest player, pan India and it has miles to go.”
Milk prices risen, but no supply shortage of dairy products; consumers need not worry: Parshottam Rupala
The government on Tuesday asserted that there is no shortage of milk and other dairy products in the country, although milk prices have risen in recent months. Animal Husbandry, Fishery and Dairying Minister Parshottam Rupala, while briefing media on the Modi government's achievements in the last nine years, said the sector is likely to grow at 7 per cent in 2023-23 fiscal against over 6 per cent in 2022-23.
Dairy stocks sizzle as temperatures soar. Time to milk gains?
Dairy stocks have surged due to concerns over milk shortages during soaring summer temperatures as peak demand kicks in. Heritage Foods shares have risen 23% while Parag Milk has gained 10% on expectations of further price hikes, which would increase their margins.
We have been consistently growing at about 15-18% over the last decade: Jayen Mehta, Amul
So, what happened in the last 50 years is going to happen in the next five years, which means more milk will flow into the organised sector and that will bring in more business opportunities for all the brands associated with cooperatives across the country.
Amul entry into organic foods to aid farmers & consumers; help govt save on fertiliser subsidies: RS Sodhi
“I see stability in the dairy prices and the market. There may be a small increase but the situation is tight in dairy supply because demand is much more than what the organised sector is able to meet. The pre Covid level was much higher than the pre Covid level. It is good for the long term of the dairy industry and for farmers as well as consumers like you.”
Demand surge of essentials: Companies rush to ramp up production to bridge supply deficit
Companies selling kitchen essentials such as milk-based products, butter, staples and olive oil are rushing to ramp up production to meet an unexpected surge in consumer demand that the festive season kicked off and is continuing with peak wedding period a month after Diwali.
No plan to merge Amul with 5 other cooperatives: MD
“In the last one year, MRP increase has been only 9% in all varieties except full cream where it is 12% to 13% vis-à-vis price paid to the farmers have increased by 15%. If you compare the input cost increase, dry fodder cost has increased by more than 60-70%, green fodder by 40-50% and cattle feed price has increased by 20-22%. ”
Tributes pour in for the Queen: Amul shares heartwarming creative, Uday Kotak lauds her leadership
The Vedanta boss said that the late monarch was 'dignity personified'.
Amul bids adieu to India's 'Big Bull' Rakesh Jhunjhunwala with a monochromatic creative
The dairy giant termed Jhunjhunwala 'self-made' in its post.
Modi’s plastic straw ban leaves Indian consumers thirsty
Modi’s goal is part of a growing global attempt to eliminate one of the biggest environmental scourges on the planet.
Surge in pent-up demand: Consumer, F&B companies see summer supplies drying up
The scorching summer and rapid rise in dining out at restaurants and bars have led to beer sales delivering a month-on-month pick-up in demand, but various factors have choked supplies.
'Elon flexes his Muskles?' Amul topical takes a dig at Elon Musk's move to take over Twitter
The cartoon sketch features the SpaceX boss holding a cage as he tries to lure the blue bird.
Demand for soft drinks and ice-creams hits five-year high on early onset of summer and rise in mobility
This comes after a complete washout in the past two summer seasons, which saw cold beverages and ice-creams being hit amid local curfews, shut-downs of marketplaces and malls, and misconceptions about cold foods and beverages possibly increasing chances of Covid-19 infection.
How India's traditional FMCG distributor network is changing
While traditional distributors have locked horns with FMCG companies over deep discounts to online B2B platforms,the future of distribution is not going to be the same.
Amul, Parle, others stop direct supply to B2B startup Udaan
Last week, Udaan filed a complaint with the Competition Commission of India (CCI) against Parle Products, alleging that the company was "abusing its dominant position" by refusing to supply its products directly to the startup.
Sales of discretionary consumer goods dip up to 50 pc due to local lockdowns
Companies said even in states where there are no restrictions yet, footfall in stores have fallen since people are scared of catching the infection and several offices have gone back to work from home mode affecting out of home consumption.
Companies see FMCG demand riding out second storm
The fast-moving consumer goods market grew 6% in the quarter ended December, the fastest pace in 16 months, research firm Kantar Worldpanel said.
Industry raises concerns about single-use plastic ban proposals; asks for uniform state-level implementation
Representatives from the packaging industry said a uniform central government notification needs to be followed by the entire country to avoid hurdles in implementation of the ban.
View: Even with reforms, farmers need to increase their bargaining power in the market to reap benefits
Market forces also need a level playing field. The average landholding of a farmer in India is 1.22 hectares. How can he negotiate and bargain with large corporates? Replacing exploitative local middlemen with big corporates hardly benefits the farmer in any way.
Consumer companies’ advertising spends nearing pre-Covid levels
As per Nielsen, a record 9700 new products were rolled out during April-September period with most companies entering new categories like health and hygiene, home care and packaged food.
Covid impact? Companies in India launch record number of FMCG products in Apr-Sept
As many as 9,700 products and variants entered the Indian FMCG market between April and September – the highest ever -- jumping by 35% from a year ago period according to the latest data from market researcher Nielsen.
Consumption surge for hygiene products to stay, demand for in-home packaged foods normalises
HUL, the country’s single largest fast moving consumer goods maker, said it has stepped up its innovation intensity with a number of launches including Surf Excel anti-germ wash booster, Vim anti-germ scrubbers and Domex wipes. In fact, it has launched more than 100 new products and variants over the past six months, mostly in the hygiene segment.
COVID-19 Impact: Demand for longer shelf life UHT milk boosts as consumer want to reduce number of visits to the dairies
The big dairies that have been already selling UHT milk experienced increased demand during the lockdown. “The tetra pack milk category in the initial days of the lockdown had seen immense demand due to panic buying among consumers, and the demand stabilized in the later days,” said a Mother Dairy, spokesperson.
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