New Delhi, Aug. 21 -- HUL, ITC, Dabur, and other consumer stocks have been in focus recently. The share prices of Hindustan Unilever (HUL) and Godrej Consumer Products Limited are up almost 6.5% in the ongoing week. Dabur India and Marico share prices are also up between 4-5%.
The key factors driving FMCG stocks include demand improvement and a good monsoon.
While analysts expect raw material prices to decline and see some calculated price hikes, which is positive for the margins that remained subdued in Q1, the recovery is being watched for.
Over the past three years, consumption has been hit by high inflation, rising interest rates, and a lack of government programs. The recent initiatives, such as the attempts at rationalisation of ...
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