FMCG companies pack a punch to defend any downturn

FMCG companies pack a punch to defend any downturn

The five fast-moving consumer goods (FMCG) stocks in the Nifty 50 index — HUL, ITC, Nestle India, Tata Consumer Products and Britannia — are trading close to their 52-week highs. These stocks together have an 8.7% share in the benchmark index. They have varyingly gained over the past one year when compared with the benchmark … Read more