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Appetite for growth: Big FMCG bite gives teeth to India s revival recipe, ET Retail

Fmcg: Marico, maker of Parachute and Saffola oils, said the second quarter started on a positive note - with increasing demand trends in rural and urban areas in July - but saw a noticeable drop in overall sentiment, especially in rural areas, during August and early September.

britannia industries share price: Britannia Industries shares jump 4% on Q2 earnings

Meanwhile, the consolidated net revenue from operations grew by merely 1% on year to Rs 4,433 crore but was lower than the estimated.

IT: Is there merit in looking at contra trades in IT, FMCG or rural facing companies now? Jonathan Schiessl answers

“Some of these staples type names are very well positioned within India. There is obviously an excellent structural growth story with a lot of these names. I am assuming they will still maintain their investment in their brand distribution. Yes, globally, the whole staples names have been underperforming. It is a situation not just in India, but we are seeing it pretty much everywhere.”

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