Hindi consumption reserves are ahead of a tax cut

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India has been over a month, opened the unity budget, which provided a great tax comfort City consumption. Movement did little work to raise the consumer stocks.

Nifty FMCG (fast moving consumer goods) index – which 15 shares hold Listed in the National Exchange of India – the budget rose more than 3% because it was discussed on February 1. This rally quickly flushed.

The index was rejected in 18 after budgeting and decreased by about 9% this year, this year decreased by 9% compared to 4.72% in the index.

The waiting for the rally in April was the Rally of investors in higher consumer expenditures as a result of tax reduction in April. However, investors had to curb their enthusiasm due to the combination of factors.

Many consumers are likely to spend a lot of revenue pockets, Krti Bathini, Director of CRANTHI BATHINI, Director of Capital Bathini, the director of the securities capacity strategy, is likely to spend money on non-FMCG goods.

“This is not something that FMCG shares rise now by tax reduction and RBI (Indian Reserve Bank) Rate has been cut. It will take some time to see the blow, “he said.

Analysts said that higher assessments canceled the appeal of many FMCG shares.

Another reason in them, certain personal and home care products “reasonable high-prestigious levels”, said the co-founder of Marcellus investment managers Pramod Gubbi said. This means that companies have already captured a large market share, leaving a small room to grow.

Source: NSE Statistics

“India’s FMCG companies have increased anemic volume before the slowdown in September-September in July,” he said.

Companies such as Nestle India – popular brands such as Maggi, Nescafé and Kitkat, have targeted consumers with higher lump sums that can spend the consumers under their umbrella.

Information from World Bank The show shows that India grew up from $ 2,200 per capita in 2023 a year ago.

Many companies were a “bank” “Wave of reward“

Because consumers are not richer, they thought to look for better products, but the sales did not meet expectations, Gubbi, CNBC’s CNBC told CNBC.

The growth of Direct-to-consumer companies has also earned companies with traditional sales channels from FMCG.

Sharing since February ITC – 30.7% weight of Nifty FMCG in the index – 12.3% decreased, although Hindustan Unilever (20.2% weight) lost 11.4%. Other top-off companies Tata consumer products and Nestle India declined by 10.5% and 5.4% respectively.

“Consumer reserves such as Hindustan Unilever, Godrj Consumer Products and Others faced some kind of margin pressure due to poor demand – it was also seen Second quarter GDP numbers“Bathini informed CNBC inside India.

However, he added that the fiscal growth in the third quarter of the GDP can signal the “sort of development” in the results of consumer-centered companies.

India’s GDP data showed one quarter in the end of December 6.9% to growth in personal consumptionthree months before 5.9%.

Question for investors to bet on the FMCG sector or look elsewhere.

“The best case in the segments,” by consumer trends, he said.

“Without them, shares can be suitable for the range or market movement,” said CNBC inside CNBC.

For example, the Hindustan Unilever trades with a profit-earning rate of 48.5 compared with the Ethy 50 index from about 20.

Marcellus’ GUBBI is a whole, in general, compared to low obstacles in the sector, e-commerce platforms, as well as in the consumer area, as well as in the consumer area within the consumer area.

Perhaps the lesson for investors who want to find deals in the consumer sector of India, as in the weekly food shopping, as the idea of ​​shares.

Indian Minister of Trade and Industry Piush Goyal visited Washington on Monday. The Minister is expected US Trade Representative Jamieson Greer and US Trading Secretary Howard Listnik, Trade Agreement will be discussedAccording to an officer. The visit of the Goyal’s reciprocal tariffs from the United States occurs a few weeks before the import of Indian goods brought to the United States, and the annual casualties for India have faced Indian goods to about $ 7 billion.

The United States wants zero tariffs in car imports in India. As part of the potential trading agreement between Washington and New Delhi, the Trump Management presses the last Remove tariffs into car imports. However, India is avoiding this desire, although it is open to withdraw, reports that Reuters referring to three sources. The automatic tariffs in India will smooth the tesla, which is higher than 110%. The company Elon Musk is preparing to start selling electric vehicles in India.

The Indian global supply chain will remain very important. The South Asian nation has the highest average tariffs to US goods, so it is less surprising US President Donald Trump emphasized the money to import India revenge. However, India is becoming increasingly important for manufacturers who diversify China Tariffs may not reduce the importance of the new Delhi as a production centerSavar Van Der Steene, President of North America said for Maersk.

British smartphones start to start to India. Nothing that launches the device (3A) on Tuesday (3A), according to Ben Wood, the market research firm is a general analyst in the concept of CCS. The company lived 557% annual growth in India last year In 2024 there is no fastest growing smartphone brandThe founder Carl Pei said in January. In addition, the company’s co-founder Akis Evangelidis plans to move to India to start operations there at the end of this year.

Indian reserve then shows signs of an apple Oily 50 Index was closed at 22,544.70, a week ago rose under 1%.
The assessment decreased by 10 years of Indian government bonds slightly 6.687%.

This week, CNBC TV, the world’s largest brewery Michel Dokeris said that India is the largest breweryOne of the great markets for growth in the future. “The South Asian nation is the third largest global market in Budweiser – and the obstacles such as” very young “and a” very young “and the increase in the opposite will not be completely smooth sail.

Meanwhile, CNBC’s Seema Modi, investigators are exposed to markets, and which countries are the most and least dependent on the United States India, “The head continues to be scratched.