FMCG Stocks Outlook for the week – 18 to 22.08.2014
( www.rupeedesk.in )
( www.rupeedesk.in )
Stocks of fast moving consumer goods companies are seen
trading with a positive bias in
the week ahead as a study of the Apr-Jun earnings shows that
most companies in the
sector have posted a marginal recovery in sales volumes.
Most companies have shown a marginal recover in sales
volumes in Apr-Jun, this is
despite the poor economic sentiment and delayed monsoon that
the quarter witnessed.
This is a sign that volume growth may bounce back this year.
Stocks of Marico, Dabur and Hindustan Unilever on bullish
trend. An industry expert
with a consulting firm explained that Hindustan Unilever
being the biggest company in
the sector would be the largest beneficiary of a recovery in
demand.
"HUL has a range of products that straddle the entire
demand pyramid, it will benefit
from a revival in rural as well as urban demand, its efforts
to increase its rural reach over the last two years will bear fruit now," said the
industry expert.
