Adani Enterp. 1895.05↓-25.25(-1.31%)
Adani Ports 688.00↑4.10(0.60%)
Apollo Hospitals 4648.00↑45.50(0.99%)
Asian Paints 3020.70↑7.75(0.26%)
Axis Bank 879.40↑14.10(1.63%)
B P C L 367.80↑2.35(0.64%)
Bajaj Auto 4541.70↑78.60(1.76%)
Bajaj Finance 6653.95↑264.10(4.13%)
Bajaj Finserv 1402.00↑42.75(3.15%)
Bharti Airtel 788.50↑1.20(0.15%)
Britannia Inds. 4625.05↓-0.95(-0.02%)
Cipla 923.00↓-1.80(-0.19%)
Coal India 231.90↓-5.50(-2.32%)
Divi's Lab. 3290.15↓-0.65(-0.02%)
Dr Reddy's Labs 4849.35↓-93.15(-1.88%)
Eicher Motors 3392.70↑37.60(1.12%)
Grasim Inds 1770.95↑18.45(1.05%)
H D F C 2741.50↑39.20(1.45%)
HCL Technologies 1065.50↑9.95(0.94%)
HDFC Bank 1647.55↑21.90(1.35%)
HDFC Life Insur. 546.95↑7.25(1.34%)
Hero Motocorp 2574.95↑27.70(1.09%)
Hind. Unilever 2523.80↑23.05(0.92%)
Hindalco Inds. 444.60↑10.35(2.38%)
ICICI Bank 940.75↑13.80(1.49%)
IndusInd Bank 1129.00↑55.70(5.19%)
Infosys 1266.05↑6.95(0.55%)
ITC 432.05↑3.30(0.77%)
JSW Steel 736.90↑3.55(0.48%)
Kotak Mah. Bank 1959.95↑31.25(1.62%)
Larsen & Toubro 2365.50↓-12.00(-0.50%)
M & M 1239.70↑28.50(2.35%)
Maruti Suzuki 9059.75↑111.10(1.24%)
Nestle India 22051.25↑31.40(0.14%)
NTPC 176.75↑2.50(1.43%)
O N G C 163.95↑3.65(2.28%)
Power Grid Corpn 245.70↑4.65(1.93%)
Reliance Industr 2461.35↑19.60(0.80%)
SBI Life Insuran 1170.95↓-2.75(-0.23%)
St Bk of India 581.45↑4.95(0.86%)
Sun Pharma.Inds. 965.20↓-5.25(-0.54%)
Tata Consumer 783.05↑6.80(0.88%)
Tata Motors 494.25↑17.15(3.59%)
Tata Steel 109.65↑1.00(0.92%)
TCS 3242.75↑12.05(0.37%)
Tech Mahindra 1043.00↑6.60(0.64%)
Titan Company 2767.80↑34.90(1.28%)
UltraTech Cem. 7717.95↑89.15(1.17%)
UPL 719.60↑4.75(0.66%)
Wipro 380.15↑0.75(0.20%)

FMCG index likely to hit 50,000; ITC, Britannia, Marico may rally up to 20%

The FMCG index has risen 10 per cent since the start of the current year, with ITC, Nestle India, Radico Khaitan, and Varun Beverages zoomed 31 per cent, 12 per cent, 11 per cent and 10 per cent each

Avdhut Bagkar Mumbai

The analysts also say that weak domestic remittances (due to reverse migration) and weak perishables output (in the past few months) do not leave rural households to spend much on FMCG and other products

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FMCG index hits a new historic peak

3 min read Last Updated : May 08 2023 | 11:58 AM IST

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The Nifty FMCG index hits a new all-time high post Marico reported 18 per cent growth in the net profit for the fourth quarter ended March31, 2023. The stock was seen skyrocketing 9 per cent in the early trades on Monday.

Barring Britannia Industries and United Breweries, all other FMCG stocks were seen trading in green on Monday. Shares of Dabur, Tata Consumer Products and Mc-Dowell were the top gainers, soaring over 1 per cent each.

The FMCG index has so far risen 10 per cent since the start of the current year, with ITC, Nestle India, Radico Khaitan, and Varun Beverages zoomed 31 per cent, 12 per cent, 11 per cent and 10 per cent, respectively.