While listed Indian stocks pummelled by bear hammering amid persisting global economic woes in August, shares of several automobile (two-wheeler) companies and FMCG firms beat the fall to record a
Steady declines in several commodity prices in recent weeks and the prospect of improved margins in the coming quarters have spurred stocks of fast- moving consumer goods (FMCG) companies to
The BSE FMCG index has fallen 4.5 per cent in the past one month and Morgan Stanley has downgraded the sector on concerns of rising competitive pressures and slowing revenue growth in an environment of high food inflation.
Raamdeo Agrawal Director and founder Motilal Oswal Financial Services
The FMCG counter has performed in line with market expectations. The second quarter results of the whole sector were up to market
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