Indian consumer goods companies have operated in Bangladesh, Sri Lanka, and Nepal for years, generally facing little impact from local instability. Marico’s stock dipped nearly 6% due to its substantial earnings from Bangladesh, where its subsidiary accounts for a significant portion of its overseas revenue. Other FMCG companies saw lesser impacts.
12 stocks approaching 52-week lows amid market fluctuations
Amid overall market volatility, many stocks have experienced sharp corrections from their all-time highs. Even the headline equity indices, Nifty and Sensex, have corrected by
December 29, 2024