Mumbai: Fast-moving consumer goods (FMCG) shares saw the highest selling by foreign investors in the second-half of March. Foreign funds dumped shares worth ₹4,939 crore in the sector after buying worth ₹11,180 crore during the first-half of the month as per data from National Securities Depository Ltd (NSDL). The sector witnessed outflows worth ₹4,472 crore … Read more
“Risk-reward is pretty favourable and if you look at market leaders like Col-Pal they are trading at 52-week highs, so they are already setting the trajectory for other FMCG peers to follow,” says Aditya Arora, Adlytick Help us understand this move that we have been seeing in the FMCG pack over the last couple of … Read more
Mumbai: Battered shares of fast-moving consumer goods (FMCG) companies received the highest flows from foreign investors across sectors in the first half of March as they saw value in these stocks after their underperformance in recent years. The FMCG sector received the highest inflows of ₹11,180 crore after witnessing selling worth ₹4,472 crore last month. … Read more
Shares of Titan Company rose nearly 2% on Monday to their fresh 52-week high of Rs 3,776.85 on the NSE after the consumer discretionary major reported a 22% year-on-year (YoY) jump in its standalone revenue for the quarter ended December 2023. Following the company’s Q3 business updates, HSBC reiterated its buy call on the stock … Read more
Anand Ramanathan, Partner, Consumer Industry Leader, Consulting, Deloitte India, says “we are seeing green shoots in rural India and retail today in India is still about two-thirds of it is food and groceries. So, food will be one of those big categories. But beyond that, while the overall retail market is expected to double by … Read more
Tata Consumer Ltd, part of the FMCG sector, hit a fresh record high in December and chart patterns suggest that the rally may not be over yet. Those who missed the rally can still look to buy the stock for a possible break above 1000 levels in the next 3-4 weeks, suggest experts. The FMCG … Read more
