Hindustan Unilever Britannia Industries Nestle India

Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.

FMCG stocks in demand as government plans big GST rate reforms, marking the second major fiscal stimulus in FY26 after personal income tax cuts with an aim to boost consumption.

Nestle India reported a consolidated net profit of Rs 899.49 crore for the September quarter, compared to Rs 908.08 crore a year ago

Among the sectors, analysts expect banking, fast moving consumer goods (FMCG), consumer durables, and auto companies to be the major beneficiaries.

Thus far in the month of April, Hindustan Unilever, Britannia Industries, Nestle India and Jubilant FoodWorks have outperformed the market by gaining in the range of 8% to 9% on the BSE.