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Slowdown clearly visible now for FMCG sector

Posted by fairval on August 5, 2013

Q1 FY14 results seem to finally show the impact of the slowdown. For biggies like HUL, ITC, and the next 3 companies in the table below, growth is down in the dumps.

Image

As an average, 12% is still in double digits. Knock off inflation, real growth is perhaps 4-5%, even for FMCG sector. FMCG valuations should see some pressure going ahead

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