Premiumization and rural demand to drive structural shift in FMCG: Abneesh Roy

Premiumization and rural demand to drive structural shift in FMCG: Abneesh Roy

The Indian FMCG sector is poised for a gradual recovery, although the immediate impact of GST rationalization may keep volume growth modest in the short term. Market expert Abneesh Roy from Nuvama Institutional Equities shared his insights on how the recent policy changes and festive demand are expected to shape the industry. Roy said, “We … Read more

This chemical stock can give up to 47% returns, says Nuvama

This chemical stock can give up to 47% returns, says Nuvama

Popular anticipation of strong growth has prompted equity research firm Nuvama Institutional Equities to initiate a ‘buy’ call on chemical company Anupam Rasayan with a target price of Rs 1,069, implying an upside of 47% from the current market price of Rs 728.25. Nuvama estimated that Anupam Rasayan would clock a 30% revenue CAGR over … Read more