|Bid||2,159.25 x 0|
|Ask||2,160.10 x 0|
|Day's range||2,151.25 - 2,174.05|
|52-week range||1,660.00 - 2,614.00|
|Beta (5Y monthly)||0.07|
|PE ratio (TTM)||69.31|
|Forward dividend & yield||25.00 (1.16%)|
|1y target est||1,840.38|
An Indian court has directed consumer goods maker Emami Ltd to give bigger rival Hindustan Unilever Ltd seven days notice before initiating legal proceedings over the 'Glow & Handsome' trademark, according to a July 6 order. The Indian arm of global consumer giant Unilever said on July 2 it would rebrand its skin-lightening cream 'Fair & Lovely' to 'Glow & Lovely'. The company said its skin cream for men will be called 'Glow & Handsome', but Emami said it had launched 'Glow & Handsome’ digitally one week before HUL announced the name change.
The Sensex and Nifty fell on Saturday to their lowest closing level in more than three months after the annual federal budget failed to address key concerns among investors over taxes on long-term capital gains. Finance Minister Nirmala Sitharaman, presenting the 2020/21 budget, outlined several measures to boost growth, including a $40 billion injection into farming and personal tax cuts. The NSE Nifty 50 index closed 2.51% lower at 11,661.85 in a special trading session on Saturday, while the benchmark S&P BSE Sensex dropped 2.43% to 39,735.53.