FMCG Stocks Outlook for the week – 27.02.2017 to 03.03.2017

FMCG Stocks Outlook for the week – 27.02.2017 to 03.03.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

FMCG Stocks Outlook for the week – 27.02.2017 to 03.03.2017
  www.rupeedesk.in )

Stocks of fast moving consumer goods are likely to trade in line with broader market indices as the gains due to price hikes taken by companies have been factored in. The drop in volume due to demonetisation has also been lower than expected, and hence is unlikely to exert any negative pressure either. This could be attributed to lengthier credit period offered, focus on smaller SKUs (stock keeping units) and modern trade, and increasing retailer connects. Companies like Britannia Industries Ltd and ITC Ltd may focus on premiumisation and cost optimisation in their biscuit business vertical. Hindustan Unilever Ltd could remain in focus though the hype around Kraft Heinz's deal to buy out Unilever Plc is largely gone. Glaxosmithkline Consumer Healthcare Ltd will be keenly watched in the near term as the company has recently re-launched its health food drinks in the sachet form.