FMCG investors in a fix on lack of clarity on rural growth outlook

Shares of key FMCG firms such as HUL, Nestle, and Britannia among others, are trading at a one-year forward price-to-earnings multiple of more than 55 times. Also, their valuation multiples are at a steep premium to their 10-year averages

FMCG investors in a fix on lack of clarity on rural growth outlook
Shares of key FMCG firms such as HUL, Nestle, and Britannia among others, are trading at a one-year forward price-to-earnings multiple of more than 55 times. Also, their valuation multiples are at a steep premium to their 10-year averages