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”.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction