Buy FMCG stocks ~ Share Bazaar News India

Wednesday, January 30, 2008

Buy FMCG stocks

Amit Dalal of Amit Nalin Securities is of the view that one can buy FMCG stocks.

Dalal told CNBC-TV18, "I like the FMCG sector. I would look at Dabur, Marico and in the largecaps I like ITC. They are growing very well and as the rural penetration improvement will comes the FMCG sector will see their ability to push up prices, sell larger packets and these small things make a big difference to their bottom line. We won’t perhaps see in the beginning but once we see it there will be a steep upward curve and that would be difficult to time, so it’s a good time to buy them right now."

Source: Moneycontrol.com

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