UBS has identified 6 FMCG stocks with significant growth potential, forecasting up to 21 percent upside. The analysis highlights promising opportunities in the sector, driven by strong market dynamics and consumer demand, making these stocks attractive for investors seeking potential gains in the fast-moving consumer goods market.
Here are seven FMCG stocks that UBS has given an upside potential of up to 21%:
1. Hindustan Unilever Limited
With a market capitalization of Rs. 547,490.01 crore, the shares of Hindustan Unilever Limited were currently trading at Rs. 2,330.15 per equity share, up nearly 0.21 percent from its previous day’s close price of Rs. 2,325.25.
UBS has upgraded HUL to a “Buy” rating from “Neutral” and revised its target price for Hindustan Unilever Limited to Rs. 2800 per share, maintaining an upside potential of 20.51 percent, up from Rs. 2700.
Hindustan Unilever Limited (HUL) was established in 1933 and is engaged in manufacturing and marketing consumer goods across sectors like home care, beauty, personal care, foods, and refreshments. It is a leader in sustainable business practices in India.
2. ITC Limited
With a market capitalization of Rs. 538,044.58 crore, the shares of ITC Limited were currently trading at Rs. 429.95 per equity share, down nearly 0.03 percent from its previous day’s close price of Rs. 430.10.
UBS has upgraded ITC to a “Buy” rating from “Neutral” and revised its target price for ITC Limited to Rs. 490 per share, maintaining an upside potential of 14.14 percent, up from Rs. 470.
ITC Limited was established in 1910 and is engaged in diversified business sectors including FMCG, hotels, paperboards, packaging, and agribusiness. The company is known for its strong brands and commitment to sustainability and innovation in India.
3. Trent Limited
With a market capitalization of Rs. 189,058.90 crore, the shares of Trent Limited were currently trading at Rs. 5,318.30 per equity share, down nearly 0.06 percent from its previous day’s close price of Rs. 5,321.35.
UBS has upgraded Trent to a “Buy” rating from “Neutral” and revised its target price for Trent Limited to Rs. 6,200 per share, maintaining an upside potential of 16.94 percent, up from Rs. 4,650.
Trent Limited was established in 1998 and is engaged in retailing and operates brands like Westside, Zudio, and Star Bazaar. It focuses on fashion, lifestyle, and grocery retailing, with a strong presence across India.
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4. Godrej Consumer Products Limited
With a market capitalization of Rs. 130,597.20 crore, the shares of Godrej Consumer Products Limited were currently trading at Rs. 1,276.60 per equity share, up nearly 0.77 percent from its previous day’s close price of Rs. 1,266.90.
UBS, a prominent brokerage firm, has revised its target price for Godrej Consumer Products Limited to Rs. 1,500 per share, maintaining a “Buy” call with an upside potential of 18.57 percent, up from Rs. 1,450.
Godrej Consumer Products Limited was established in 2001 and is engaged in manufacturing and marketing consumer goods across sectors like personal care, home care, and hair care.
5. Britannia Industries Limited
With a market capitalization of Rs. 132,575.11 crore, the shares of Britannia Industries Limited were currently trading at Rs. 5,504.05 per equity share, up nearly 0.74 percent from its previous day’s close price of Rs. 5,463.55.
UBS, a prominent brokerage firm, has revised its target price for Britannia Industries Limited to Rs. 6,350 per share, maintaining a “Buy” call with an upside potential of 16.22 percent, up from Rs. 6,000.
Britannia Industries Limited was established in 1892 and is engaged in manufacturing bakery products, including biscuits, bread, cakes, and dairy items. It is one of India’s leading food companies, known for its strong brand presence.
6. Colgate-Palmolive (India) Limited
With a market capitalization of Rs. 73,937.93 crore, the shares of Colgate-Palmolive (India) Limited Were currently trading at Rs. 2,718.45 per equity share, up nearly 0.45 percent from its previous day’s close price of Rs. 2,730.85.
UBS has upgraded Colgate to a “Buy” rating from “Neutral” and revised its target price for Colgate-Palmolive (India) Limited to Rs. 3,100 per share, maintaining an upside potential of 14.78 percent, up from Rs. 2,240.
Colgate-Palmolive (India) Limited was established in 1930 and is engaged in manufacturing oral care, personal care, and home care products. It is a market leader in oral hygiene, known for its flagship brand, Colgate.
Written By – Nikhil Naik
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