FMCG companies are one of most over researched companies in India and probably this only happens in Indian markets. However, all the focus in the FMCG sector is only on a few select well known names like HUL,Nestle, Britannia and Dabur. But there is more to it, companies in niche areas with a strong brand. ET screener powered by Refinitiv’s Stock Report Plus lists down mid and small cap stocks from the FMCG sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or “strong buy”.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the Nifty500 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 29, according to stockedge.com’s technical scan data.