FMCG Stocks
Outlook for the week – 19 to 23.01.2015
( www.rupeedesk.in )
The fast moving consumer goods
sector is likely to witness stock-specific movement next week
with heavyweights--Hindustan
Unilever and ITC--coming out with their earnings for the Oct-
Dec quarter.
The week will start with HUL
releasing its results Monday, followed by ITC on Wednesday and
Colgate Palmolive on Jan 23.
This week, most FMCG companies
gained with Marico, Dabur and HUL leading the pack.
However, the trend in ITC has
remained range bound. The BSE FMCG Index rose 4.1% in the
current week. Colgate Palmolive
has been rallying over the past two-three weeks and is likely to see volatility ahead of
its earnings.
