Fast-moving consumer goods (FMCG) companies are grappling with heightened commodity cost inflation amid a sharp rebound in ... 'The story in FMCG is that profitability is under pressure,' D'souza said.
HDFC Securities believes that FMCG sector valuations continue to derate amid weak earnings visibility and a waning moat, hence the brokerage maintains its underweight stance and see performance... .