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Galaxy Surfactants: Lower discretionary spending dulls shine

Galaxy Surfactants is growing exposure to FMCG start-ups which are taking advantage of the increasing acceptance of e-commerce among consumers

August 13, 2020 / 11:19 IST
BSE FMCG | During the October-December quarter the FMCG index remained positive for 6 out of 10 times.  The index performance in the same period for the year 2019: -3%, 2018: 3%, 2017: 9%, 2016: -4%, 2015: 2%, 2014: 2%, 2013: -4%, 2012: 7%, 2011: 3%, and 2010: -1%.
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More