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Informist, Friday, Aug. 8, 2025

 

NEW DELHI – The outlook for stocks in the fast-moving consumer goods category next week is slightly pessimistic amid worries stemming from the announcement of an additional 25% tariff on Indian goods by the US, subdued corporate earnings, and significant outflows from the domestic markets, according to Sugandha Sachdeva, founder of SS WealthStreet. "Until there is visible progress on the diplomatic front or signs of a softened stance from the US administration, risk sentiment is expected to stay fragile, and a defensive approach may prevail among market participants," she said. Sachdeva sees 54050 points as the support level for the Nifty FMCG sectoral index and 57050 points as the resistance next week.

 

Friday, the Nifty FMCG ended at 54900.95 points, down 0.7% from Thursday's close. Barring United Spirits and ITC, all the constituents of the index ended the day in the red. The index fell 2.3% during the week, much more than the benchmark Nifty 50, which fell 0.8%.

 

"UBL (United Breweries Ltd.) is looking attractive for the next week with support in sight at 1,795 levels," Sachdeva said. "A buy-on-dips strategy looks more prudent given the pressure on the broader markets." Shares of the company ended Friday's session at INR 1,920.10 on the National Stock Exchange, down 0.7%.

 

Next week, Patanjali Foods, the only constituent of the 15-stock Nifty FMCG index yet to announce its quarterly results, will do so Thursday. This week, Emkay Global Financial Services reduced the target price on Britannia Industries by 6% to INR 5,500 while maintaining a "reduce" rating due to expenses tied to its phantom stock option scheme. "Under this scheme, employees are being incentivised with a Rs520mn (INR 520 million) payout based on 19% stock price return. We believe this arrangement could weigh on near-term performance as any stock price appreciation from strong execution will be rewarded back to the management, impacting reported financials," the brokerage said.

 

Meanwhile, Nomura Financial Advisory and Securities (India) increased the target price for Marico to INR 825 from INR 800 earlier while maintaining a "buy" rating and the top-pick status for the stock. The brokerage anticipates some margin pressure for the company in the current financial year but expects better margins and growth in earnings before interest, tax, depreciation, and amortisation in the next two financial years.

 

TOP HEADLINES

* Analyst Concall: Godrej Consumer focused on improving mkt share of core pdts    
* Earnings Review:Godrej Consumer Q1 consol PAT misses view on high input cost    
* Bikaji Foods promoters sell 2.5 mln shares in co for INR 732 per share    
* Earnings Outlook: Price hikes, volume to aid Godrej Consumer post PAT growth    
* Britannia sees commodity prices stable going ahead on good kharif sowing    
* Analyst Concall: Britannia may cut prices in specific areas to gain mkt shr    
* Delhi HC issues contempt notice to RSPL on HUL's disparagement suit    
* Earnings Review: Britannia PAT up 3% YoY at INR 5.2 bln, misses Street view    
* CCL Products Apr-Jun consol net profit rises 1.4% YoY to INR 724.49 million    
* Emami to keep focus on niche FMCG play, continue to enter new segments    
* IPO Alert: All Time Plastics to sets price brand at INR 260-INR 275 apiece    
* Analyst Concall: Domestic copra prices have started to correct - Marico mgmt    
* United Spirits reports 9.4% YoY increase in Q1 consol sales at INR 30.2 bln    
* Varun Beverages ups stake in South African arm by 0.5% for INR 2 bln    
* Godfrey Phillips Apr-Jun PAT rises 63.5% YoY to INR 3.65 billion    
* Earnings Review: Volume growth, price hike aid Marico's Apr-Jun consol sales    
* Earnings Outlook: Price hikes, sales volume to boost Britannia PAT, revenue    
* Earnings Outlook: High input cost to hurt Marico's profitability in Apr-Jun    
* United Spirits gets two income tax demand orders totalling INR 3.45 billion    
* Earnings Review: ITC Q1 PAT flat at INR 49 bln as FMCG, paper profit falls    

 

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

 

Company	Price	Week-on-week  change in %	Resistance	Support
AWL Agri Business	254.15	(-)1.20	259.20	249.10
Britannia Industries	5,387.00	(-)7.10	5,546.30	5,300.30
Colgate Palmolive (India)	2,207.40	(-)2.20	2,259.80	2,177.80
Dabur India	507.25	(-)5.10	524.80	497.20
Emami	576.10	(-)7.00	592.00	562.10
Godrej Consumer Products	1,186.10	(-)6.40	1,268.10	1,141.90
Hindustan Unilever	2,498.60	(-)2.20	2,548.30	2,461.70
ITC	414.50	(-)0.50	416.70	411.90
Jyothy Labs	325.40	(-)2.10	333.10	318.30
Marico	703.95	(-)1.00	725.20	692.10
Nestle India	1,096.50	(-)3.70	1,138.40	1,072.40
Procter & Gamble Hygiene and Health Care	13,223.00	(-)3.40	13,519.70	12,999.70
Tata Consumer Products	1,051.00	(-)1.80	1,071.00	1,033.00
Varun Beverages	495.95	(-)3.10	511.80	486.80
Nifty FMCG	54900.95	(-)2.30	55761.10	54414.60
Nifty 50	24363.30	(-)0.80	24676.80	24180.80
S&P BSE Sensex	79857.79	(-)0.90	80835.90	79286.80

 

End

 

Reported by Shakshi Jain

Edited by Rajeev Pai

 

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