Leading FMCG Stocks Decline for Fifth Consecutive Session Amid Market Downturn
1 hour agoBusiness
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4 SourcesHyderabad, India
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Leading FMCG Stocks Decline for Fifth Consecutive Session Amid Market Downturn

Shares of major FMCG companies Britannia Industries, Tata Consumer Products, United Spirits, and Marico declined for the fifth consecutive session amid a broader market downturn, with the NIFTY and Sensex also falling. Despite recent monthly fluctuations, these stocks have shown varied annual gains, outperforming the NIFTY but underperforming the Nifty FMCG index. Trading volumes were generally below monthly averages, and price-to-earnings ratios ranged from 52 to 73 based on trailing twelve months earnings.

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