Quantcast
 
New ETF Book by Larry Connors - Click here to read more


 

Reckitt Benckiser aims over 20 pc growth

Thu. November 20, 2008; Posted: 08:31 PM
Stocks RSS
New Delhi, Nov 20, 2008 (Asia Pulse Data Source via COMTEX) -- RBGPF | Quote | Chart | News | PowerRating -- FMCG major Reckitt Benckiser is planning to further consolidate its share in the Indian home and personal care, healthcare and fabric care market with a target for an annual growth of over 20 per cent.

The company is also looking at introducing more of its global brands in the Indian market in the months to come.

"We are the number one brand in many segments including live care, surface care, shoe polish and personal care. I am sure the company will grow this year at not less than 20 per cent," Reckitt Benckiser India Chairman and Managing Director Chander M Sethi told reporters here.

He said the company, which has brands like Lizol, Dettol, Harpic, Mortein, Cherry Blossom and recently launched Vanish in the Indian market, is looking at introducing more of its global brands in India.

"There is a lot more to come and we are just waiting for the right time to introduce them," Sethi said.

He, however, refused to disclose the company's turnover or planned investments in the country.

Sethi said the company's brands have been performing well in India and the target is now to further consolidate it.

"Our liquid Dettol brand has more than 90 per cent share in the liquid anti-septic germ protection segment, while Colin (surface care) has 90 per cent of the market and Sherry Blossom (shoe polish) has close to 70 per cent share of the market," he added.

Regarding increase in input costs, Sethi said the company has also been affected by rise in costs of raw materials and other inputs.

"However, we have not resorted to any major price rise of our products during recent times. There is no chance of any price correction at the moment but anything could happen in the long term," he said.

For full details for RBGPF click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.