[ad_1]
At a time when rising inflation is giving headache to most FMCG firms, ITC is one inventory that’s proving to be not simply resilient but in addition sturdy. Within the final one month alone, the inventory is up 18%, whereas the Nifty FMCG index is up a nominal 0.65%.
In immediately’s particular podcast with unbiased market skilled Rajiv Nagpal, we attempt to perceive what’s occurring within the FMCG basket and ITC particularly.
Hear in.
Welcome to the present Mr Nagpal.
1) In an in any other case directionless market this week, what do you assume is behind ITC’s resilience? Is it the dividend that is attracting buyers or the market is instantly realising the hidden worth within the inventory?
2) Amongst all the key FMCG shares, is ITC the one solely which will discover it simpler to cross on enter price pressures to customers given its heavy dependence on cigarettes?
3) You probably have a timeframe of 3-6 months, would you keep away from shopping for FMCG shares, staples particularly, due to inflationary headwinds?
Thanks Mr Nagpal. That is all in immediately’s particular podcast. However do maintain checking this house for extra such attention-grabbing content material. Good bye!
[ad_2]
Source link