Burger King, Nestle, Dabur: Analysts bet on FMCG stocks as economy recovers

The year 2020 brought defensive plays in the markets to the forefront as Covid-19 pandemic saw investors flock to safe-havens. That apart, markets discounted the financial performance of fast moving consumer goods (FMCG) companies for the ensuing quarters as the supply of 'essential services' remained relatively unaffected during the lockdown.

The success of Burger King at the bourses has off-late reinforced belief in the sector, especially quick service restaurants (QSRs), provided the stocks are attractively valued. However, the stock performance has not been uniform across the FMCG sector. At the bourses, Nifty FMCG index has underperformed as against the benchmark