FMCG Stocks Outlook For The Week - 22 To 26.10.2018
Stocks of fast moving consumer goods companies are expected to trade in a narrow range next week due to lack of definite cues. The sector is likely to witness stock-specific buying amid volatility in the broader market. Shares of ITC, Bajaj Corp, Jyothy Laboratories, and Varun Beverages will be in focus as these companies are scheduled to report their September quarter earnings next week. The fundamental outlook for the sector remains positive and efficiently managed companies such as Hindustan Unilever Ltd and Godrej Consumer Products Ltd would be on investors' radar. Stocks in the sector will take cues from the broader market in the absence of immediate triggers.
Source : Cogencis Information Services Ltd.
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Stocks of fast moving consumer goods companies are expected to trade in a narrow range next week due to lack of definite cues. The sector is likely to witness stock-specific buying amid volatility in the broader market. Shares of ITC, Bajaj Corp, Jyothy Laboratories, and Varun Beverages will be in focus as these companies are scheduled to report their September quarter earnings next week. The fundamental outlook for the sector remains positive and efficiently managed companies such as Hindustan Unilever Ltd and Godrej Consumer Products Ltd would be on investors' radar. Stocks in the sector will take cues from the broader market in the absence of immediate triggers.
Source : Cogencis Information Services Ltd.
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