FMCG Stocks Outperformed The Market In Two Decades
FMCG stocks outperformed the market in two decades, the sector earned 14.2% per annum.
Fast Moving Consumer Goods (FMCG), a segment of everyday needs, has outperformed the major indices of the stock market over the last two decades.
According to a research report by Jefferies, the National Stock Exchange (NSE) Nifty has given 11.4 percent annual returns in the last two decades.
Hindustan Unilever Limited (HUL), ITC, Nestle, Britannia, Dabur, Marico, Godrej Consumer Products Limited (GCPL), and Colgate have returned 14.2 percent year-on-year returns to investors during these two decades.
To put it bluntly, while Nifty’s earnings have been 10 times in the last two decades, the earnings of these 10 companies in the FMCG sector have been 17 times.
FMCG stocks outperformed: However, most of these returns have come during the years 2010–2020.
In the decade before that (2000–2010) there was not much difference in the earnings of these companies and Nifty in the FMCG sector.
The Nifty returns during this period were nine percent on an annual basis and about 15 percent for FMCG companies.
By the way, according to the report, like other sectors, FMCG also gave less and more returns from time to time.
For example, the FMCG sector underperformed the Nifty during three of the seven occasions reviewed in these two decades.
Of these, during the years 2002 to 2007, while the Nifty gave six times more returns, the returns of the FMCG sector were just two times.
But after the global economic downturn in 2008, things changed rapidly and the FMCG sector gave strong returns.
Petrol Diesel Price Today: Petrol and Diesel prices fire again in the country, know where the price has reached
Petrol Diesel Price Today: Petrol and diesel have become more expensive in the country. On Sunday, the prices of both these products have increased.
On Sunday, the price of petrol has risen by about 17 paise and the price of diesel by 27 paise. In many countries of the world, the demand for fuel is increasing due to the removal of lockdown restrictions.
That is why the price of crude oil WTI has reached $ 63.87 per barrel. At the same time, the price of Brent oil has reached $ 66.35 per barrel.
According to Hindustan Petroleum’s website today, the price of petrol in Delhi has reached Rs 93.27 per liter (Petrol price today), while the price of diesel has reached Rs 84.13 per liter (Diesel price today).
Talking about other big metros of the country, the price of petrol in Mumbai has reached Rs 99.54 per liter and the price of diesel has reached Rs 91.36 per liter.
Talking about Chennai, petrol is available here on Sunday at Rs 94.91 per liter and diesel at Rs 88.92 per liter
