Motilal Oswal Securities bullish on India’s consumer sector; HUL, Marico among top picks

August 28, 2025

Motilal Oswal Securities remains positive on India’s consumer sector after a stable first quarter. The brokerage favors Hindustan Unilever, Godrej Consumer, and Marico. It anticipates a widespread recovery in fiscal year 2026. This recovery will be due to lower inflation and possible rate reductions. Tax advantages and robust festive season demand will also help.

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