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Source: Live Mint Hiren Ved, director and chief investment officer at Alchemy Capital Management, noted that investors are increasingly moving away from traditional FMCG stocks. “They are turning to aggregators and e-commerce platforms, particularly quick commerce, which sell both discretionary as well as non-discretionary consumer items as it provides a better proxy for growth as…
Source: Live Mint In a note, domestic brokerage firm HDFC Securities has maintained its optimistic view on Heritage Foods, highlighting its well-diversified product portfolio, robust distribution network, strong long-term relationships with farmers, and commitment to high-quality premium products. These factors position Heritage Foods to take advantage of India’s growing dairy industry. The company boasts a…
Source: Live Mint The FMCG sector is expected to post mid-to-high single-digit value growth, led by improvement in volume growth, amid recovery in rural markets, analysts at InCred Equities said. While urban market growth is expected to remain sluggish, rural markets are likely to grow 300 – 400 bps higher in value terms, aiding the…
