Page 3 - Nifty Fmcg

FMCG shares in focus; Hindustan Unilever, Nestle India near record highs

Britannia, Dabur India, ITC, and Emami gained over 5 per cent each on the NSE

Fewer hits than misses in FMCG as demand and supply concerns weigh

While hygiene and home care segment, rural-focused players could see better demand, a large portion coming from non-essential products means topline will be impacted

Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745

HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier

HUL braves slowdown, premium valuation to sustain on Street's thumbs up

Revised target price indicates upside of 7-10% from current level

FMCG companies' Q3 volume growth may be slowest in ten quarters

Delayed winter, disruption in traditional trade channel, weak rural demand led to low product offtake

Tax cuts a booster for consumer companies ahead of festive season: Analysts

Nonetheless, lower tax rates mean a direct push to earnings and so to their return ratios, and hence more room for valuation re-rating

Analysts bet on rural economy theme; Nifty FMCG index hits new high

Analysts remain bullish on rural economy and consumption space, given MSP hike, monsoon