From Mint: 2024-04-04 05:37:30

increased rural demand. HUL might witness mid single-digit growth in the domestic market with stable margins.We expect our FMCG coverage universe to report revenue and volume growth of 2.8% YoY and 3.6% YOY in Q4FY24E. Regional players in sectors such as biscuits and laundry are challenging larger competitors due to favourable commodity prices, leading to fierce competition and dragging down larger companies like HUL and Britannia. VBL and Dabur may face obstacles due to slow beverage demand in the domestic market, while Tata Consumer’s growth is driven by new ventures and acquisitions. GCPL is expected to see double-digit growth supported by increased rural demand.



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