FMCG sector: Pressures mount on earnings and valuations

/ Stocks, Categories, Markets, Premium, Research Reports /

When markets are in a correcting mode, one sector that jumps to mind for its ‘defensive’ qualities is the FMCG sector. With their staple business, non-discretionary spending holds revenues in good stead. But FMCG companies have instead corrected about 20% from their October ’21 peak. Against the Nifty 50, they have been underperformers over the past two years. So, what gives?

FMCG sector: Pressures mount on earnings and valuations Read More »