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CNBC TV18 - Markets 80d ago
FMCG stocks led by Nestle India surge up to 10% in two sessions on hopes of a strong Q4
Just as HCLTech's results have taken its fellow IT stocks lower, Nestle India's results have propelled its FMCG peers higher over the last two sessions. Shares of Hindustan Unilever are up 6.5% over Tuesday and today, while those of Tata Consumer, Dabur, Godrej Consumer have also gained between 4% to 5.5% during the same time period.
CONSUMERDABURGODREJCPGODREJINDHCLTECHHINDUNILVRNESTLEINDTATACONSUMTATATECHDiversifiedFast Moving Consumer Goods
neutral
CNBC TV18 - Markets 129d ago
Morgan Stanley revises ratings and price targets of these three FMCG stocks; Details here
Nestle India is tracked by 40 analysts, of which only 13 have a "buy" rating, 10 have a "sell' rating, and 17 others have a "hold." On the flip side, majority of the analysts covering both Marico and Godrej Consumer, have a "buy" rating on the stock.
CONSUMERGODREJCPGODREJINDMARICONESTLEINDSTANLEYConsumer DurablesDiversified