GILLETTE.NSE

Gillette India Ltd.

Upcoming Dividend and Bonus: Indian equities see major corporate actions in late August, with HDFC Bank, Gillette India, Vedanta Ltd, Zee Entertainment Enterprises in focus.

Gillette India reported a 25.6% increase in profit for the quarter ended June 30 on Thursday, helped by robust demand for its grooming products. The Procter & Gamble-owned company, known for its razors and shaving creams, reported 1.46 billion rupees ($16.7 million) in profit, compared with 1.16 billion rupees in the same period a year earlier. Gillette India is getting a boost from rising demand for its latest grooming gear, as self-care becomes mainstream. Sleek upgrades like the Gillette Guard and elevated Mach 3 razors are gaining traction, with strong interest in premium products adding a lift to its revenue. The company said in June that consumers are prioritizing value over cost, showing a growing willingness to spend more on products that deliver superior performance. Revenue from its mainstay grooming segment, which produces razors and accounts for over 80% of the company’s total revenue, increased 11% to 5.77 billion rupees during the reported quarter. Meanwhile, revenue from its smaller segment, oral care, rose 3.3%.

Indian markets rebounded on Tuesday as Sensex rose over 300 points and Nifty closed just below 25,200. Realty, FMCG, healthcare, and auto sectors led the gains, while utilities lagged. Several breakout stocks hit fresh 52-week highs during the session.

Axis Bank is expected to rally to ₹1,415 by September end, according to an analyst.

While the benchmark indices traded in the red, several stocks showed impressive gains The Indian stock market started on a weak note on Tuesday, February 18, 2025, with the BSE Sensex and Nifty50 trading lower due to mixed global cues. The BSE Sensex was down by 269.39 points (0.35%), trading at 75,727.47, while the Nifty50 slipped 87.85 points (0.38%), reaching 22,871.65. The decline in the market was influenced by global economic uncertainties, profit booking by investors, and sector-specific volatility. However, certain stocks managed to outperform, with personal care, healthcare, logistics, and infrastructure sectors witnessing notable gains. Top Gainers of the Day While the benchmark indices traded in the red, several stocks showed impressive gains, driven by strong earnings, investor sentiment, and business expansions. Company Sector Price (INR) Change (INR) Change (%) Gillette India Personal Care 8,023.20 +571.60 +7.67% Godfrey Phillip Cigarettes 7,554.80 +516.80 +7.34% TVS Supply Logistics 134.22 +6.58 +5.16% Thermax Infrastructure - General 3,148.55 +137.10 +4.55% Adani Wilmar Consumer Food 245.70 +9.95 +4.22% Concord Biotech Biotechnology & Medical Research 1,740.80 +58.40 +3.47% Narayana Hruda Hospitals & Medical Services 1,368.20 +41.45 +3.12% GlaxoSmithKline Pharmaceuticals 2,410.75 +70.50 +3.01% Chola Fin Hold Miscellaneous 1,496.40 +40.95 +2.81% Sundaram Fin Finance - Leasing & Hire Purchase 4,684.00 +123.65 +2.71% Sectoral Analysis 1.