4 small and mid caps FMCG stocks with strong brands with an upside potential up to 32 %
Synopsis
FMCG companies are one of most over researched companies in India and probably this only happens in Indian markets. However, all the focus in the FMCG sector is only on a few select well known names like HUL,Nestle, Britannia and Dabur. But there is more to it, companies in niche areas with a strong brand. ET screener powered by Refinitiv’s Stock Report Plus lists down mid and small cap stocks from the FMCG sector with high upside potential over the next 12 months, having an average recommendation rating of “buy” or “strong buy”.
The recent acquisition of Raymond consumer care business once again brings back focus on brands being able to attract the right prices. If one looks at Indian listed FMCG space, the focus has been on a select few. If asked about FMCG companies, the following names will come to your mind, HUL, Nestle, Britannia, Dabur and the newly renamed Tata consumer. The reason, they are very well covered by the analyst community. Also, their products are
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