GOLDMAN SACHS ON FMCG

• Dabur, Colgate, Emami, Britannia and HUL have relatively higher exposure to rural revenues. • Gross margin risks could emerge for Britannia and GCPL’s India business. • Varun Beverages could also face gross margin headwinds. • Emami, HUL, GCPL, Colgate, Marico and Dabur face a moderately high base effect in Q3.

S. M. Gold Limited

← Back to feed