FMCG Stocks Outlook For The Week - 05 To 09.11.2018
Stocks of major fast moving consumer goods companies are likely to continue their positive momentum next week due to robust earnings for Jul-Sep. We expect positive on HUL due to strong
volume growth outlook and the company's ability to offset rising cost pressures. We expects ITC's volume growth to improve in the coming quarters as the company has kept prices steady, and on the back of a low base in Oct-Mar. The recovery in Dabur India's sales volumes will pick up pace, aided by expansion in the herbal market, premiumisation of products, new product launches, and an increase in rural spending.
Source : Cogencis Information Services Ltd.
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Stocks of major fast moving consumer goods companies are likely to continue their positive momentum next week due to robust earnings for Jul-Sep. We expect positive on HUL due to strong
volume growth outlook and the company's ability to offset rising cost pressures. We expects ITC's volume growth to improve in the coming quarters as the company has kept prices steady, and on the back of a low base in Oct-Mar. The recovery in Dabur India's sales volumes will pick up pace, aided by expansion in the herbal market, premiumisation of products, new product launches, and an increase in rural spending.
Source : Cogencis Information Services Ltd.
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