Is it Time to Look at FMCG Stocks?

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Is it Time to Look at FMCG Stocks?
Credit: © Reuters.

By Aditya Raghunath

Investing.com -- Fast-moving consumer goods (FMCG) are coming off a rough summer. For April-May and the first half of June, almost the whole country was in a quasi-lockdown. Multiple reports said that consumer sentiment has gone down and discretionary spending had gone down. Will the start of the monsoon in India also restart FMCG companies?

The monsoon has started off well and the second pandemic wave has subsided since its peak in May. A lot of states have announced unlocking measures, and rural demand should recover soon too. FMCG stocks have shown small signs of recovery in June, except one stock, of course. No prizes for guessing which stock that is. Here’s how some of India’s largest FMCG companies have fared in June so far:

  1. Dabur India Ltd. (NS: DABU )

Stock price on May 31, 2021: Rs 540.45

Stock price on June 16, 2021: Rs 579.6

Percentage difference:  Up 7.24%

  1. Marico Ltd (NS: MRCO )

Stock price on May 31, 2021: Rs 475.2

Stock price on June 16, 2021: Rs 502.95

Percentage difference:  Up 5.83%

  1. Britannia Industries Ltd (NS: BRIT )

Stock price on May 31, 2021: Rs 3,447.85

Stock price on June 16, 2021: Rs 3,634.45

Percentage difference: Up 5.41%

  1. Hindustan Unilever Ltd. (NS: HLL )

Stock price on May 31, 2021: Rs 2,340

Stock price on June 16, 2021: Rs 2,403

Percentage difference: Up 2.7%

  1. Nestle India Ltd (NS: NEST )

Stock price on May 31, 2021: Rs 17,695.55

Stock price on June 16, 2021: Rs 17,970.05

Percentage difference: Up 1.55%

  1. ITC Ltd (NS: ITC )

Stock price on May 31, 2021: Rs 216.6

Stock price on June 16, 2021: Rs 208.25

Percentage difference: Down 3.85%

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  • Muneer Ovungal @Muneer Ovungal
    ITC is good to buy now
    Like 0
  • namita jain @namita jain
    I suggest to add TATA Consumer also in this list. I bought its shares on 3rd June, based on double bottom formation in previous week. And from 31st May to 16th June, the price has gone up by 15.7%
    Like 10
    • Sayesta Alam @Sayesta Alam
      I'm surprised
      Like 0
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  • namita jain @namita jain
    Why TATA Consumer is not added in this list. I bought its shares on 3rd June, based on double bottom formation in previous week. And from 31st May to 16th June, the price has gone up by 15.7%.
    Like 5
    • Vivek Verma @Vivek Verma
      FMCG
      Like 0
    • Shailesh Tangade @Shailesh Tangade
      You r right. im also surprised..
      Like 0
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  • namita jain @namita jain
    Why TATA Consumer is not added in this list. I bought its shares on 3rd June, based on double bottom formation in previous week. And from 31st May to 16th June, the price has gone up by 15.7%.
    Like 4
    • Gurpreet Singh @Gurpreet Singh
      relax dear..tata doing good😇
      Like 0
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  • Uddesh Pingle @Uddesh Pingle
    ITC is not moving as per the expectations though it is having strong mrkt value.
    Like 2
  • Uddesh Pingle @Uddesh Pingle
    ITC is not moving as per the expectations though it is having strong mrkt value
    Like 0
  • Arvind Verma @Arvind Verma
    what is the future of itc . i waste my money and time on itc.
    Like 0
    • Aditya Dhuri @Aditya Dhuri
      Buy another fmcg stock instead. I have bought Marico.
      Like 0
    • Aditya Dhuri @Aditya Dhuri
      Buy another fmcg stock instead. I have bought Marico.
      Like 0
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  • Arvind Verma @Arvind Verma
    what is the future of itc . i waste my money and time on itc 😢😢😢
    Like 0
  • Sakthi Ananth B @Sakthi Ananth B
    Its no brainer betting on these companies , everyone knows the fact. Please come up with suggestions with small companies which are less visible in terms of data
    Like 0
  • Viral Choksi @Viral Choksi
    what abt ITC...why it is lagards....totally... underperforming....is there any idea or clue for uptrend relly
    Like 0
  • Viral Choksi @Viral Choksi
    what abt ITC...why it is lagards....totally... underperforming....is there any idea or clue for uptrend relly
    Like 0

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