Combined revenues of these firms was up 10.3% YoY, double the growth of India Inc
The market may have bounced back in the past two trading sessions but experts are saying that we are far from forming a bottom
Even after six months of moderation in consumption, the average current valuation of major FMCG players is still at a premium
Nielsen has cut CY19 growth forecast to 9-10%, from 11-12%
A cash crunch caused by the crisis in the shadow-banking sector has curbed spending even on staples after hurting demand for cars and homes
As a result, the valuation premium that FMCG stock enjoys over the broader market is at a two-decade high