Nuvama expects near double-digit growth in FMCG despite weak monsoon concerns
Concerns over delayed monsoons and El Nino may be weighing on fast-moving consumer goods (FMCG) stocks, but Nuvama Institutional Equities expects consumer companies to report another strong quarter, with healthy sales and volume growth continuing across the sector. Abneesh Roy, Executive Director at Nuvama Institutional Equities, said most FMCG companies are likely to build on…
