More Stories

Informist, Friday, Jul. 24, 2026

 

MUMBAI – Shares of fast-moving consumer goods companies are expected to remain rangebound but will react to the June quarter earnings next week. Market participants will watch out for management commentary from the post-earnings analyst conference call. Outlook on raw material prices and volume growth will determine the stock movement in the near term, according to analysts. 

 

This week, the Nifty FMCG moved in a tight range between 49400 and 48600 points. Nifty FMCG index is showing signs of consolidation in the short term in 48000-50000 range, Vipin Kumar, technical and derivatives analyst at Globe Capital Market, said. Friday, the Nifty FMCG index closed flat at 49053.30 points. For the week, the sectoral index closed 0.6% higher, outperforming the benchmark Nifty 50 that closed 2.3% lower.

 

FMCG giant Tata Consumer Products reported a strong growth for the June quarter on the back of higher sales in India and price hikes during the quarter. The major tea retailer's net profit grew nearly 28% on year to INR 4.27 billion while its revenue rose nearly 12% to INR 54 billion for the June quarter. The healthy growth was on the back of a 13% on-year rise in the company's total sales volume.

 

Tata Consumer Products management in its post-earnings analyst conference call said it may raise prices further across its product categories if it was faced with increase in commodity costs to maintain its margins. The company had also hiked prices of its products in June. 

 

Next week will be heavy on the earnings front for FMCG companies, with two Nifty 50 giants, Hindustan Unilever and ITC, slated to declare their Apr-Jun results. Among other FMCG companies, Colgate Palmolive India, Procter Gamble Hygiene & Health Care, Dabur India, Gillette India, AWL Agri Business, Varun Beverages, and Radico Khaitan will also detail their June quarter earnings next week.

 

Six of the 15 constituents of Nifty FMCG closed in the red, down 0.2-2.0%. Over the week, United Spirits gained nearly 7% and was the top gainer in the Nifty FMCG index, while Varun Beverages fell almost 7%, being the worst hit. Despite seven constituents posting losses over the week, the FMCG index managed to rise 0.6%. 

 

TOP HEADLINES

 

* Earnings Outlook: HUL Q1 PAT seen down after 6 qtrs; sales up on price hikes
* Allied Blenders Apr-Jun consol PAT falls 13% YoY to INR 492.17 million
* Analyst Concall: United Spirits expects premium brands to drive growth
* Earnings Review: United Spirits Q1 PAT up 52% on year on lower input costs
* Godrej Consumer invests INR 2 bln in arm Godrej Pet Care to support growth
* Equirus Securities positive on Nestle India, current valuation to cap upside
* Earnings Review: Nestle India beats Street on strong volume growth in Q1
* Earnings Outlook: Foods business in India to drive Tata Consumer Q1 PAT
* NCLT Hyderabad approves merger of 2 arms of Vintage Coffee with parent co
* Hatsun Agro Apr-Jun PAT falls 1.1% YoY to INR 1.34 billion
* Earnings Outlook: Price hikes, consumer demand to boost Nestle India Q1 PAT
* Earnings Outlook: Higher realisations to aid United Spirits Q1 PAT
* United Breweries commissions canning line at Telangana brewery

 

Following are the resistance and support levels for key FMCG 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	188.16	(-)0.30	191.40	183.70
Britannia Industries	5379.50	(-)0.60	5515.50	5248.50
Colgate Palmolive India	2086.10	2.10	2123.80	2046.20
Dabur India	423.20	(-)0.90	427.90	417.10
Emami	407.90	(-)0.40	418.20	401.10
Godrej Consumer Products	1059.50	(-)1.20	1078.20	1035.60
Hindustan Unilever	2145.00	0.10	2173.00	2125.00
ITC	283.45	1.00	287.90	277.30
Jyothy Labs	198.57	(-)0.90	201.90	193.50
Marico	855.60	1.40	868.20	835.20
Nestle India	1443.50	1.10	1484.20	1410.60
Procter & Gamble Hygiene and Health Care	8974.50	2.90	9088.20	8853.20
Tata Consumer Products	1088.00	(-)0.10	1132.80	1056.60
Varun Beverages	457.20	(-)1.30	464.30	447.60
Index	Levels
Nifty FMCG	49053.30	0.60	49549.10	48444.20
Nifty 50	23767.45	(-)2.30	23949.80	23515.20
S&P BSE Sensex	76059.77	(-)2.70	76651.60	75178.50

 

End

 

Reported by Simran Rede

Edited by Akul Nishant Akhoury

 

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 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.