FMCG Stocks Outlook For The Week – 11 To 15.12.2017
The stocks of most fast moving consumer goods companies are likely to move in a narrow range albeit with a positive bias next week, while Hindustan Unilever Ltd and ITC Ltd are seen gaining with spurt in trade volumes. Post demonetisation and rollout of goods and services tax, HUL's focus has been to increase direct coverage and reduce dependence on wholesale channel by giving higher incentives to retailers. Rural areas are witnessing development with improvement in infrastructure.
The demand scenario has been stable in both rural as well as urban markets, with an increasing number of mom-and-pop stores looking to transform into modern retailers.
Source : Cogencis Information Services Ltd.
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The stocks of most fast moving consumer goods companies are likely to move in a narrow range albeit with a positive bias next week, while Hindustan Unilever Ltd and ITC Ltd are seen gaining with spurt in trade volumes. Post demonetisation and rollout of goods and services tax, HUL's focus has been to increase direct coverage and reduce dependence on wholesale channel by giving higher incentives to retailers. Rural areas are witnessing development with improvement in infrastructure.
The demand scenario has been stable in both rural as well as urban markets, with an increasing number of mom-and-pop stores looking to transform into modern retailers.
Source : Cogencis Information Services Ltd.
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