“The sharp fall that we have seen in the palm oil prices, some of the soap companies, especially the larger ones like HUL and Godrej Consumers are the two companies where we are very comfortable entering even at current levels. We turned positive on ITC sometime back and the stock had seen the kind of run up especially because of the benefits that it had against some of the traditional FMCG players.”
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,
December 22, 2024