Varun Lohchab, Director at CIMB told CNBC-TV18, "We have got United Spirits as a buy in the sector. Within the midcaps we prefer Britannia Industries that has also run up now, so absolute upside might be limited even out there."
"We prefer some of the more midcap FMCG names like Britannia, Marico, Emami, Dabur India where we still see some upside from current levels vis-à-vis the largecaps where upside looks slightly more limited," he added.
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