Business Standard

Worsening outlook

Fundamentals warrant stock price correction

Over the past three months, FMCG stocks have cornered the highest FPI flows at $1.7 billion, according to an analysis by IIFL Alternative Research.
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Over the past three months, FMCG stocks have cornered the highest FPI flows at $1.7 billion, according to an analysis by IIFL Alternative Research.

Business Standard Editorial Comment
A series of adverse global developments have led to a deterioration of prospects for Indian companies. The Ukraine War has led to spikes in fuel prices and that of metals, paper, fertilisers, and wheat since Russia and Ukraine are major producers of those commodities. It has also meant a new round of semiconductor shortages due to shortage of neon. The rising energy import bill, and widespread supply-chain issues will lead to new upward pressures on the already-high inflationary trends. Corporate results in the December quarter indicated inflation was eating into profit margins and there may be more sustained margin pressures,

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First Published: Mar 31 2022 | 12:21 AM IST

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