FMCG Stocks Outlook For The Week - 15 To 19.10.2018
Stocks of fast-moving consumer goods companies are likely to rise next week as sentiment for the
sector has turned slightly positive after Hindustan Unilever Ltd posted strong volume growth for the
September quarter. The consumer goods major reported a 10% on-year rise in sales volume for Jul-
Sep, the fourth consecutive quarter of double-digit growth for the Mumbai-based company. HUL's
rural sales outpaced urban demand, a positive for the sector. The company is widely considered to
be a barometer for the entire sector. The Nifty FMCG index is likely to extend gains to the next week after rising 1% this week.
Source : Cogencis Information Services Ltd.
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Stocks of fast-moving consumer goods companies are likely to rise next week as sentiment for the
sector has turned slightly positive after Hindustan Unilever Ltd posted strong volume growth for the
September quarter. The consumer goods major reported a 10% on-year rise in sales volume for Jul-
Sep, the fourth consecutive quarter of double-digit growth for the Mumbai-based company. HUL's
rural sales outpaced urban demand, a positive for the sector. The company is widely considered to
be a barometer for the entire sector. The Nifty FMCG index is likely to extend gains to the next week after rising 1% this week.
Source : Cogencis Information Services Ltd.
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