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Procter & Gamble India said it would invest 20 billion rupees ($243.79 million) to set up a personal healthcare manufacturing facility in the western state of Gujarat. The company will manufacture digestive products that are part of parent P&G's global healthcare product portfolio at the facility, it said in a statement on Wednesday. The facility will be operational in the next few years and become a global export hub for P&G, the Whisper sanitary napkin maker said. T...
Procter & Gamble India to invest $244 million to set up manufacturing facility
Revenue beat but margins miss; focus on power brands continues… About the stock: Procter & Gamble Health is a leading pharma cum OTC company with key focus on the vitamins, minerals, supplement (VMS) category. * It has legacy brands in the VMS category like Neurobion, Polybion, Evion (all vitamins), Livogen (iron supplement), Nasivion (nasal decongestant), Seven Seas (vitamin- substitute for malt based health drinks) * The company was earlier known as Merck Ltd a...
Buy P&G Health Ltd For Target Rs.5620 - ICICI Direct
Procter & Gamble Health is currently trading at Rs. 4779.50, up by 96.50 points or 2.06% from its previous closing of Rs. 4683.00 on the BSE. The scrip opened at Rs. 4666.70 and has touched a high and low of Rs. 4785.00 and Rs. 4666.70 respectively. So far 755 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5240.00 on 09-Mar-2023 and a 52 week low of Rs. 3883.00 on 24-Oct-2022. Last one week high and low of...
Procter & Gamble Health jumps on reporting 16% rise in Q3 net profit
Steady quarter; focus on growth in core VMS therapy About the stock: Procter & Gamble Health is a leading pharma cum OTC company with key focus on vitamins, minerals, supplement (VMS) category. * It has legacy brands in the VMS category like Neurobion Forte, Polybion, Evion (all vitamins), Livogen (iron supplement), Nasivion (nasal decongestant), Seven Seas (vitamin- substitute for malt based health drinks) * The company was earlier known as Merck Ltd and was part of Merck KGaA, ...
Hold P&G Health Ltd For Target Rs.4500 - ICICI Direct
Procter & Gamble Co delivered quarterly earnings that missed estimates on Friday and forecast lower sales growth, citing surging transportation and commodity costs, consumer cutbacks and retailer reluctance to hike prices. P&G shares fell as much as 6% in the morning as the company missed quarterly earnings estimates for the first time in at least five years, according to Refinitiv data. Chief Financial Officer Andre Schulten warned in a call with media that P&G, a bellwethe...
Tide maker P&G misses earnings, forecasts lower growth as consumers 'scrimp`
Procter & Gamble Health is currently trading at Rs. 4374.15, up by 24.85 points or 0.57% from its previous closing of Rs. 4349.30 on the BSE. The scrip opened at Rs. 4320.85 and has touched a high and low of Rs. 4377.00 and Rs. 4319.85 respectively. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5920.00 on 22-Jun-2021 and a 52 week low of Rs. 3998.85 on 01-Apr-2022. Last one week high and low of the scrip stood at Rs. 4402.20 and Rs. 4255.0...
Procter & Gamble Health jumps on partnering with Lakshya and Recycle India Foundation
Procter & Gamble's Hyderabad site is on the way to become the FMCG giant's largest consumer care facility in India. Spread on 170 acres at Kothur on the outskirts of Hyderabad, it added a new state of the art liquid detergent manufacturing unit on Monday. This is P&G's first liquid detergent manufacturing unit in India. The company has invested nearly Rs 200 crore in setting up this unit which will take the overall investment made by the company in the facility to Rs...
P&G's Hyderabad site to become its largest facility in India
Indonesia's plan to ban palm oil exports will deal a blow to the world's top food and consumer products companies including Unilever, Procter & Gamble and Nestle. Indonesia counts for more than half of the global supply of the edible oil, which is used in everything from cakes, chocolate, margarine and frying fats to cosmetics, soap, shampoo and cleaning products. It is also key to Ferrero Rocher chocolates and Nutella spread, giving them a smooth texture and longer shelf li...
From spreads to shampoo, palm oil is part of everyday life
Procter & Gamble Health Limited on Wednesday announced higher sales in the quarter ended September 30, 2021. The company has recorded a strong performance with sales of Rs 267.8 crore, up 4 per cent vs a year ago. The Profit After Tax (PAT), however, fell marginally to Rs 55.4 crore against Rs 59.3 crore a year ago. Milind Thatte, Managing Director, Procter & Gamble Health Limited said: "We delivered a strong performance in our first quarter of fiscal 2022 focused on execut...
P&G Health reports higher sales in Septembar quarter, profit falls marginally
Procter & Gamble (P&G) India has announced a Rs 500 crore 'P&G Rural Growth Fund' to accelerate inclusive growth in the Indian rural market. The fund will provide external partners of the company an opportunity to collaborate with P&G on business solutions customised for meeting the needs of rural consumers. This will include solutions on communication, media outreach and go-to-market solutions like tech-enabled selling, increasing distribution and last-mile deliver...
Procter & Gamble announces Rs 500 Cr 'P&G Rural Growth Fund'
Procter & Gamble has announced the appointment of Sundar Raman as the global CEO of the company's fabric and home care division, which includes P&G's most iconic brands like Ariel, Tide, Ambipur and Downy. He steps into the role subsequent to Shailesh Jejurikar's elevation to Chief Operating Officer. Sundar began his career as a market analyst in India in 1998 straight from campus and soon moved to the US where he worked in a variety of roles from business intelligen...
India becomes talent factory for P&G worldwide; Sundar Raman joins global ranks
Mixed quarter but decent overall yearly performance... About the stock: Procter & Gamble Health Limited is a leading Pharma cum OTC company with key focus on Vitamins Minerals Supplement (VMS) category * It has legacy brands in the VMS category like Neurobion, Polybion, Evion (all vitamins), Livogen (iron supplement), Nasivion (nasal decongestant), Seven Seas (vitamin- substitute for malt based health drinks) * This company was earlier known as Merck Limited and was a part of ...
Buy P&G Health Ltd For Target Rs.6,555 - ICICI Direct
Procter & Gamble Co beat quarterly sales estimates on Friday, helped by higher demand for its skin and health care products, but warned that rising commodity and freight costs would take a nearly $2 billion bite out of its earnings this year. Shares of the company, which makes Gillette, Oral-B and Pampers products, were up 0.8% at $140.59 in premarket trading. The vaccine-aided easing of COVID-19 restrictions in the United States and parts of Europe helped Procter & Gamble post ...
P&G beats quarterly sales estimates, warns of soaring costs
The world's largest consumer goods company Procter & Gamble (P&G) has announced the appointment of Shailesh Jejurikar as the Global COO, making him the first Indian to be so. This is in line with the change made by the FMCG major at the CEO-level with Jon Moeller taking over from David Taylor. Shailesh Jejurikar will be appointed as the COO of the company effective from October 1 this year. His appointment further ensures great news for P&G India as India has been a t...
Another Indian on Top: Shailesh Jejurikar appointed Global COO of P&G
Below are Views On Procter & Gamble Hygiene and Health Care - 3QFY21 Result update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd For Q3FY21, Procter & Gamble Hygiene and Health Care Ltd (PGHHCL)’s net sales grew by ~16% to Rs760cr on the back of strength of our trusted product portfolio and strong retail execution. During the quarter, EBITDA stood at ~Rs129cr and EBITDA margins (at 16.0%) contracted by 204 bps due to higher other expenditures....
Procter & Gamble Hygiene and Health Care - 3QFY21 Result update by Mr. Amarjeet Maurya, Angel Broking
Procter & Gamble's manufacturing site in Hyderabad became its first site in India to house a solar plant. This is P&G's only the fifth manufacturing site globally to commission in-house solar plant. Spread over 16,000 square meters and comprising nearly 3,000 panels, the in-house solar plant has a capacity of one Megawatt clean energy production and will reduce the company's carbon footprint by an estimated 1,030 tonnes annually. According to Sachin Sharma, Plant Hea...
P&G commissions first in-house solar plant in India
Corporate snippets * Indian Oil may sell stake in product pipelines. * BPCL, Air India share sale by Sept, LIC IPO by post Oct: DIPAM Secy. * Bharti Airtel posted a consolidated Q3 net profit of Rs 853.6 crore, driven by exceptional gains. The average revenue per user (ARPU) rose to Rs 166 for the quarter. * Procter & Gamble Hygiene and Health Care, december quarter sales rose 19 percent YoY to Rs 1,018 crore. PAT rose 84 percent YoY to Rs 251 crore. * VIP Industries, dece...
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