Economic TimesLean R·
FMCG’s FII nightmare! $5.2 billion selloff in 12 straight months. Are stocks set for a rebound?
Over the past year, foreign investors have unloaded $5.2 billion worth of FMCG stocks, largely due to the challenges stemming from inflated valuations and rising input costs. Companies are now transferring these increased costs to customers, resulting in weak volume growth and declining margins. For a recovery to take shape, analysts emphasize the need for enhanced consumer spending and stable commodity prices.
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