A route back to the roots! Up 96% in 5 years, how this FMCG stock plans to beat the slowdown
Updated : September 11, 2019 01:58 PM IST
This stock has nearly doubled its price in the last 5 years, surging over 96 percent from Rs 226 in 2014 to Rs 444 at present.
However, owing to the ongoing consumer slowdown, the stock has fallen 2.1 percent in the last one year but gained three percent since the beginning of 2019.
Most peers have underperformed the stock in 2019 with Britannia, ITC, Emami, and ITC falling between 10 percent and 30 percent.
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