What will be the impact of import duty rejig in edible oil on 3 FMCG categories? Abneesh Roy explains
Abneesh Roy, Executive Director at Nuvama Institutional, highlights the attractiveness of the food sector. He particularly favours Bikaji for its pure-play focus. He also mentions HUL and ITC among larger companies. With an edible oil duty hike, price increases are expected in H2, benefiting overall pricing growth despite some margin impacts.
ITC
OIL
NUVAMA
BIKAJI
FOCUS
Economy
Markets