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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Godrej Group is pinning its hopes on the new Goodknight anti-mosquito incense sticks to revitalize the biggest brand of its flagship firm. The markets are excited, but is the product worth the hype?
On 1 February, there was an unusual rush at the counter of Godrej Consumer Products. The consumer goods major’s shares jumped over 11% to hit an all-time high. Nearly 9 million shares were traded during the day against an average of about a million or so on other days. What got the markets excited?
A day before, Godrej Consumer Products Ltd (GCPL) had announced financial results for the quarter ended 31 December 2023. Its net revenue was up 10% and net profit grew by 3%. But what stood out was the announcement of a new product. “We have entered the …
