Nuvama Institutional Equities has identified top consumer stocks for Q3, anticipating strong volume growth driven by demand recovery and normalized inventory levels. Key picks include Tata Consumer Products, Nestle, and Pidilite, with forecasts suggesting robust performance in segments like paints and adhesives. However, Nuvama warns of a potential 'Colgate Slump' in toothpaste volumes, projecting a decline for Colgate while expecting significant growth for others like Tata Consumer and Nestle.