Prabhudas Lilladher expects consumer companies to report higher gross margins due to lower input costs. However increase in gross margins will be lower than the actual decline in inputs.
The only positive factor for the Indian economy has been the good monsoons. But even increased rural demand won‘t be sufficient to carry the entire economy and hence a 5 percent GDP growth looks rather optimistic
Given the amount of foreign funds that Japan has attracted year-to-date, the market should have not been totally surprised by the fall seen on Thursday.
UBS downgrades Colgate Palmolive India Ltd to "neutral" from "buy", saying the stock has well outperformed the consumer sector since October 1, 2012.
Deepesh Pandey, Head of Investments of IIFL Capital advises investors to adopt a 'buy on dips' strategy as he expects markets to outperform in the near-term, citing fair valuations. India has been getting a higher share of the FII flows and the trend is most likely to continue if the government delivers on reforms, Pandey says.
AnandRathi has come out with its report on consumer sector. The research firm recommend`s buy on ITC, NestlÃ© India, Colgate, GSK Consumer, Emami, Pidilite, Agro Tech Foods, Bajaj Corp., Lovable Lingerie, Zydus Wellness, and Tilaknagar Industries. Dabur, Marico as Hold, and have Sell on HUL, Asian Paints, Britannia, and VST Industries.
Nitin Mathur of Espirito Santo Securities said they have downgraded the consumer sector on the back of slowing GDP and wage inflation. Although, the volume growth reported by staple companies remains strong, discretionary growth is starting to show signs of slowing down, added Mathur.
Prabhudas Lilladher has come out with its report on consumer sector. The research firm sees Britannia as the key beneficiary of this amendment.
Motilal Oswal has come with its December quarterly earning estimates for consumer sector.
Emkay Global Financial Services has come out with its report on consumer sector. As per the research firm, if consumption habits are unanimous across India, moderation in growth momentum could be evident in Q3FY12 performance. Nestle India is relatively better placed then GlaxoSmithKline Consumer Healthcare and Colgate Palmolive.
Sunil Pathare, Director of the company tells CNBC-TV18 that going ahead, Maxwell plans to open 100 lingerie stores in tier I and tier II cities in a span of three years from 2012
Consumer sector continue to do very well, says Ajay Srivastava, CEO of Dimensions Consulting.