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FMCG Stocks Face Earnings Test As Valuations Fall 25% Below Five-Year Average

NDTV Profit 13 October 2026 at 09:06 am 1 min read 1 views Read Original
FMCG Stocks Face Earnings Test As Valuations Fall 25% Below Five-Year Average

The Nifty FMCG Index trades at 31.1 times earnings, below its post-2021 average of 41.5, but weak consumption, rising input costs and earnings downgrades continue to cloud the sector's outlook.

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