From NDTV
Center-Right Owned by Adani Group (AMG Media)FMCG Stocks Face Earnings Test As Valuations Fall 25% Below Five-Year Average
RSS excerpt
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.