FMCG Stocks
Outlook for the week – 03 to 07.11.2014
( www.rupeedesk.in )
We believe it is the earnings of
fast-moving consumer goods companies such as Nestle India,
Marico, and Colgate Palmolive
India that will determine the direction the sector will take next
week.
HUL's results were disappointing,
but if other companies like Marico and Colgate report good
numbers, then it will show that
the market has not stagnated, and will give a lift to the stocks.
Good performance will be
rewarded.
Godrej Consumer Products will
detail its Jul-Sep results on Saturday. Oral-care major Colgate
Palmolive will detail its results
on Wednesday. Bullish view on Hindustan Unilever and recommends buying the stock at
every given fall.
