FMCG
Stocks Outlook for the week – 17 to 21.11.2014
( www.rupeedesk.in )
Stocks of fast moving
consumer goods companies are seen trading in a narrow
range in the week ahead,
with market people expecting a small correction in
specific counters. Most
frontline companies may trade in a narrow range; there
could be a small
correction in stocks of Colgate or Marico as they rallied
significantly this week.
During the week, stocks
of Colgate Palmolive India surged 11.4% and those of
Marico 7.3% as against a
0.3% rise in the BSE FMCG Index. The fundamental view on Marico also
remains cautious.
