FMCG Stocks Outlook for the week – 19 to 23.06.2017
FMCG Stocks Outlook for the week – 19 to 23.06.2017
Stocks of fast moving consumer goods companies are seen trading sideways in line with broader markets amid lack of firm cues for the sector. With the rollout of the goods and services tax fast approaching, companies would like to wait and watch before taking any decisions on price hikes. The focus for most companies could shift in the food segment as they look to improve margins. Companies would also like to focus more on partnering more with e-commerce companies as share of online trade is higher than general market. Going forward, advertisement spends could also see a shift towards e-commerce opportunities. Companies such as Hindustan Unilever Ltd are likely to focus more promotional money on educating customers and by uploading thematic videos on dedicated websites.
Source : Cogencis Information Services Ltd.
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FMCG Stocks Outlook for the week – 19 to 23.06.2017
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Stocks of fast moving consumer goods companies are seen trading sideways in line with broader markets amid lack of firm cues for the sector. With the rollout of the goods and services tax fast approaching, companies would like to wait and watch before taking any decisions on price hikes. The focus for most companies could shift in the food segment as they look to improve margins. Companies would also like to focus more on partnering more with e-commerce companies as share of online trade is higher than general market. Going forward, advertisement spends could also see a shift towards e-commerce opportunities. Companies such as Hindustan Unilever Ltd are likely to focus more promotional money on educating customers and by uploading thematic videos on dedicated websites.
Source : Cogencis Information Services Ltd.
