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ITC, HUL, Britannia: Good time to buy FMCG stocks? Analysts weigh in

In the FMCG basket, Britannia, Colgate Palmolive, HUL are on the shopping list of A K Prabhakar, head of research at IDBI Capital

FMCG Sector, FMCG Stocks, FMCG Companies
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FMCG Sector, FMCG Stocks, FMCG Companies

Puneet Wadhwa New Delhi
Stocks of fast moving consumer goods (FMCG) companies have been relative underperformers at the bourses thus far in financial year 2021-22 (FY22), with the S&P BSE FMCG index rising 6.3 per cent as compared to over 15 per cent gain in the benchmark S&P BSE Sensex during this period. 

The underperformance, analysts said, was mostly on account of concerns of a slowdown in the overall consumption as a result of rising input costs in an inflationary environment. According to NielsenIQ, India’s FMCG market grew 12.6 per cent in the September 2021 quarter compared to the same period last

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