Nuvama's Roy flags 3-4% pricing revival as FMCG Q4 cushion; Marico, Nestle, Britannia called safer bets
Abneesh Roy expects steady Q4 FMCG updates with 3-4% pricing growth aiding revenue, but warns input costs and demand destruction remain risks. Retail names may outperform staples on store expansion, while Marico, Tata Consumer, Nestle and Britannia screen as safer picks versus Dabur and Emami.
Nuvama's Abneesh Roy sees steady Q4 FMCG updates with 3-4% pricing revival supporting revenue, though input costs and demand destruction remain risks. Retail firms may outperform on store expansion; Marico, Tata Consumer, Nestle, Britannia seen safer.
Why this matters
Marico gets a defensive tag from Nuvama as FMCG Q4 updates approach, with pricing revival seen offsetting volume softness and cost pressures across staples peers.
Retail-company signals steady at 117 in 90d, reflecting consistent sector coverage.