FMCG Stocks Outlook for the week – 04 to 08.08.2014
( www.rupeedesk.in )
( www.rupeedesk.in )
Stocks of fast moving consumer
goods companies are likely to trade with a positive bias
next week as leading companies in
the sector have reported good sets of numbers for
Apr-Jun.
A narrowing monsoon deficit is
also aiding the positive sentiment towards the sector.
This week, the BSE FMCG stocks
index fell 0.79% against a 2.47% fall in the Sensex.
The fact that HUL and ITC
reported good numbers despite a slowdown in rural as well as
urban markets is a good sign.
However, the best news is that monsoons have recovered.
This will propel demand and put a
much-needed dampener on inflation. All things seem
to be moving for the (FMCG)
sector now.
Hindustan Unilever reported a
better-than-expected volume growth of 6% in Apr-Jun,
against an expectation of 4-5%.
In a challenging environment,
where home, personal care as well as food companies are
finding it difficult to post
double-digit revenue growth, on a broader basis Hindustan Unilever has posted strong
outperformance during Q1 FY15.
