FMCG companies anticipate a slight sales volume increase for the June quarter, with revenue growth varying due to pricing strategies and demand. While some firms may face margin pressure from rising material costs and advertising, Marico and Tata Consumer Products are favored by analysts. The Nifty FMCG index has recently outperformed broader market indices.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj