FMCG stocks seen as safer bet as prospects in other sectors not encouraging

The administration commentary from most fast-moving shopper items (FMCG) majors for the April-June 2019 quarter (first quarter, or Q1) outcomes thus far, with respect to demand restoration, has not been very optimistic.

For occasion, the administration of India’s largest FMCG firm — Hindustan Unilever (HUL) — throughout a Q1 analyst name mentioned, “Looking ahead, we expect near-term demand to remain subdued, given the macroeconomic conditions.” The query is, will this result in a big correction in FMCG valuations? Analysts consider that may not be the …

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