Markets continue to remain volatile with Nifty currently at 3815.75 and Sensex at 13,061.73. BSE FMCG Index gained about 1.7%. ITC opened the day at 146.75 and is currently trading at 152.25. HLL is trading at 202.75 and is holding to stay above teh 200 mark.
IT and Banking stocks recovered a bit
Add commentMarch 30th, 2007
ITC Limited is planning a foray into snacks market and will be investing about Rs. 350 crores in the next three to four years as per a leading business daily. The ITC Foods Division has launched Bingo brand of snacks in 16 flavors. The company is planning to grab 25% of market share in this segment in four to five years time.
Currently, Lays and Kurkure dominate the modern snacks market while Halidrams dominate the traditional snacks market. Growing income levels and appetite for ready made foods by people living in urban regions would make the snacks market to be doing well in the next few years.
On the NSE, ITC closed yesterday at 142.90, opened today at 145.00 saw an intraday high of 150 and is currently trading at 149.10
Add commentMarch 15th, 2007
FMCG biggy ITC is trading positive and is currently at 169.9 in the Sensex up by2.85%
Add commentFebruary 28th, 2007
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