FMCG Stocks Outlook for the week (28.05.2012 - 01.06.2012) Stocks of fast-moving consumer goods companies are seen regaining value in the week ahead, as investors are seen returning to the FMCG category owing to continued broad market weakness.
In the past week, all major FMCG shares, except for Marico, lost 0.7-3.2% value. Even the BSE's FMCG index lost 2.3% at a time when broader markets managed to remain more or less flat, with the National Stock Exchange's Nifty index and the BSE's Sensex gaining 0.6% and 0.4%, respectively. According to our analysis, there is no major reallocation of funds from FMCG to other sectors in play currently. FMCG shares are likely to gain value as the broader market is expected to remain weak in the near term. While the fundamental demand for FMCG products continues to be strong, companies having a dominant portfolio in the foods segment are seen growing more than those having exposure to home and personal care products owing to favourable macroeconomic factors such as demography and under-penetration of products. -- You received this message because you are subscribed to the Google Groups "Kences1- Rupeedesk" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/kences1?hl=en.
