Another tough year for consumer staple companies?

Another tough year for consumer staple companies?

Source: Live Mint Indian consumer staple companies faced a challenging year in 2024, navigating a landscape of uneven demand. While rural demand showed some signs of recovery, urban demand weakened, subduing overall consumption trends. Limited price hikes further weighed on revenue growth. “Our universe reported a <5% volume growth,” said analysts at Jefferies India in…

Read More
Sectoral shifts in Indian markets: Industrials, metals lead, financials expected to rebound, says Phillip Capital | Stock Market News

Sectoral shifts in Indian markets: Industrials, metals lead, financials expected to rebound, says Phillip Capital | Stock Market News

Source: Live Mint Global brokerage house Phillip Capital, in a recent note, observed that it has witnessed sectoral shifts within the Nifty and broader Indian equity markets, focusing on changes over both long and short terms. According to the report, investment-oriented sectors, including cement and building materials, gained considerable traction post the Covid-19 pandemic and…

Read More