FMCG Stocks Outlook For The Week - 23 to 27.10.2017
FMCG Stocks Outlook For The Week - 23 to 27.10.2017
( www.rupeedesk.in )
The result of the fast moving consumer goods major Hindustan Unilever Ltd for the quarter ended September is likely to set the trend for the sector stocks next week. Hindustan Unilever will announce
its Jul-Sep earnings on Wednesday. Usually, demand for FMCG products are on a rise in the festive season and investors look forward to it. However, this season the demand has been lower than that of last year. FMCG sales have been impacted to some extent this festive season by the uncertainty around GST rates and its acceptance. Liquidity crunch created thereof has led to less consumer spending this festive season. So FMCG sector looks flattish compared with last year. However, if the results of the companies show good numbers in the ongoing earnings season then it is a good sign and positive for the stocks.
Source : Cogencis Information Services Ltd.
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( www.rupeedesk.in )
The result of the fast moving consumer goods major Hindustan Unilever Ltd for the quarter ended September is likely to set the trend for the sector stocks next week. Hindustan Unilever will announce
its Jul-Sep earnings on Wednesday. Usually, demand for FMCG products are on a rise in the festive season and investors look forward to it. However, this season the demand has been lower than that of last year. FMCG sales have been impacted to some extent this festive season by the uncertainty around GST rates and its acceptance. Liquidity crunch created thereof has led to less consumer spending this festive season. So FMCG sector looks flattish compared with last year. However, if the results of the companies show good numbers in the ongoing earnings season then it is a good sign and positive for the stocks.
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Source : Cogencis Information Services Ltd.
