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FMCG majors - Hindustan Unilever (HUL), Nestle India and Colgate Palmolive (India) reported tepid Q2 earnings in recent days. FMCG giant HUL reported a 3.6 per cent year-on-year (YoY) rise in net profit in Q2FY26 at ₹2,685 crore. Revenue from operations increased by 2 per cent YoY to ₹16,241 crore for the quarter ended September 2025. Meanwhile, Colgate Palmolive posted a 17.1 per cent YoY dip in Q2 net profit at ₹327.50 crore. The company's net sales declined by 6.3 per cent YoY to ₹1,507 crore in Q2FY26. Similarly, last week, Nestle India reported a 17.4 per cent (YoY) drop in net profit at ₹743.20 crore for Q2FY26. Whereas, the Maggi-maker's revenue grew by 10.5 per cent YoY to ₹5,643.61 crore. ALSO READ: HUL Q2 earnings analysis On the stock exchanges thus far in October, these 3 FMCG stocks have displayed a mixed trend. Nestle India has soared over 10 per cent, while Colgate has slipped 0.5 per cent, and HUL traded on a flat note. Meanwhile, the Nifty 50 index has gained 5 per cent, and the Nifty FMCG has added 2.6 per cent. Going ahead, these 2 FMCG stocks can potentially rally up to 15 per cent, suggest technical charts.
Hindustan Unilever (HUL)
Current Price: ₹2,525 Likely Target: ₹2,825 Upside Potential: 11.9% Support: ₹2,502; ₹2,420 Resistance: ₹2,660; ₹2,750 The broader trend for HUL stock seems to be positive, with key support visible around its 20-Week Moving Average (20-WMA) which stands at ₹2,502; below which the next significant support is seen around ₹2,420 levels.Make smarter market moves with The Smart Investor. Daily insights on buzzing stocks and actionable information to guide your investment decisions delivered to your inbox.
On the upside, the stock is seen testing resistance around the super trend line at ₹2,608 on the daily chart. Break and sustained trade above the same can help the stock extend the rally towards ₹2,825 levels. Intermediate resistance for the stock can be anticipated around ₹2,660 and ₹2,750 levels. ALSO READ: Stocks to Watch today: Colgate, HUL, Defence stocks, NTPC Green, Cipla, Vi
Nestle India
Current Price: ₹1,273 Likely Target: ₹1,465 Upside Potential: 15.1% Support: ₹1,260; ₹1,215; ₹1,200 Resistance: ₹1,335; ₹1,355; ₹1,395; ₹1,430 The long-term trend for Nestle is on the verge of turning favourable, as such the stock could jump to ₹1,335 levels in the near-term. Break and sustained trade above the same can open the doors for a likely rally towards ₹1,465 levels; with interim resistance likely around ₹1,355, ₹1,395 and ₹1,430 levels.
The near-term trend is likely to remain positive above ₹1,200 levels, with intermediate support likely around ₹1,260 and ₹1,215 levels.

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