More Stories

Informist, Friday, Aug. 1, 2025

NEW DELHI – The Nifty FMCG index is expected to clock some gains in the coming week, according to analysts tracking the fast-moving consumer goods sector. Sugandha Sachdeva, founder of SS WealthStreet, pegged 55250 points as the support level and 57300 points as posing resistance for the index next week. She is bullish on Dabur India and Hindustan Unilever. "Market is weak, but defensives look to do well. Further, rural demand is picking up...which bodes well for their stock prices," Sachdeva said.

Two of the remaining three constituents of the index will be reporting their June quarter earnings in the coming week. Marico will disclose its earnings for the quarter Monday, followed by Britannia Industries on Tuesday. Patanjali Foods is yet to declare a date for announcement of its June quarter results.

This week was a busy one with six of the index constituents – Varun Beverages, Dabur India, Emami, Radico Khaitan, ITC, and sectoral bellwether Hindustan Unilever declaring their June quarter earnings. Barring ITC, each company reported a growth in its top line for the quarter with a majority beating analysts' consensus estimates.

Following the result announcement, Systematix Institutional Equities revised its target price for Dabur India to INR 565 from INR 535 earlier while maintaining a 'hold' rating. "We acknowledge positives such as market share gains in parts of the portfolio, aggressive innovation and medium-term margin expansion potential; however, subdued growth outlook in key segments limit growth and valuation potential," the brokerage said in a note. Meanwhile, Yes Securities trimmed its target price for Varun Beverages to INR 600 from INR 625 while maintaining a 'buy' rating.

Friday, the Nifty FMCG index ended 0.7% higher at 56197.05 points, rising for a fifth consecutive session. The index has risen almost 3% through the week while the Nifty 50 has fallen over 1%. 

TOP HEADLINES
* Analyst Concall: Will bring Unilever's prestige brands to India, says HUL
* Earnings Outlook:Falling cigarettes volume, muted urban demand to impact ITC
* Analyst Concall: Dabur sees higher single-digit growth for rest of FY26
* Earnings Review: Dabur PAT up most QoQ in 10 yrs, unseasonal rain hits sales
* Radico Khaitan Apr-Jun PAT surges 75% YoY to INR 1.33 billion
* HUL to continue investment drive for few more qtrs, sees core ops gaining
* Emami Apr-Jun consol sales fall 0.2% YoY but PAT rises 7.6%
* Gillette India Apr-Jun PAT rises 25.6% YoY to INR 1.46 billion
* Earnings Review: HUL Q1 volume falls YoY; revenue growth at 8-qtr high
* Earnings Outlook: Short summer, early rains to dent Dabur's Q1 revenue, PAT
* Earnings Outlook: Continuing rise in demand to help HUL post earnings growth
* Delhi HC declares Ferrero's Nutella as well known trademark
* United Spirits to pay INR 1.3 bln duty on error in price charged by supplier
* ITC targets 80-100 bps YoY improvement in margin from consumer goods
* ITC treading similar strategy like hotels for ITC Infotech demerger
* ITC focussing on organic, healthy foods portfolio, says CMD Puri at AGM

Following are the resistance and support levels for the stocks for next week as per calculations by Informist based on their prices on the National Stock Exchange:

End

Reported by Shakshi Jain

Edited by Deepshikha Bhardwaj

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.