BofA Securities analyst Steve Byrne downgraded FMC Corporation (NYSE:FMC) from Neutral to Underperform, lowering the price target to $57 from $60. The analyst estimates the company’s volume ...

Marico posted a weak set of numbers amid destocking that led to sharp volume decline. While the company is keen on holding its turf in the various categories and refraining from any price action, ...

Indian cigarette companies face a tough year ahead. New taxes and higher GST rates are expected to shrink sales by 6-8 percent next fiscal. Mid to premium brands will see bigger price hikes passed to ...

Although the port sector has been classified under essential services and remained operational during the lockdown, the adverse impact on domestic economic activity as well as a slowdown in global ...

Narrow-moat Yakult’s downward revision, induced by the more than 30% decline in sales volume in China, was a surprise. We have slashed our profit estimates by 15%-20% through our 5-year explicit ...

The domestic cigarette industry is bracing for a 6-8 per cent volume contraction in the next fiscal, following the imposition of additional excise duties and an increase in GST rates from February 1, ...