FMCG stocks in sweet spot: BNP Paribas picks 3 stocks to buy

In the foods business, companies have implemented grammage cuts for biscuits as an increase in the cost of wheat weighed. Brands like Marie Gold, Milk Bikis, Krack Jack saw price hikes in the last two months, while price for Parle-G increased by 20% in the last six months. Reputed FMCG firm Nestle has also increased the price of its Coffee but with a lag.

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