scorecardresearchKotak Securities sees RIL's entry into FMCG space as a positive; here's what the brokerage says

Kotak Securities sees RIL's entry into FMCG space as a positive; here's what the brokerage says

Updated: 05 Sep 2022, 11:23 AM IST
TL;DR.
  • In its Annual General Meeting (AGM) held on August 29, 2022, Reliance Retail (RR) announced its foray into the FMCG business.
Kotak expects Reliance Retail to leverage on Jiomart’s distribution strength to drive FMCG sales.

Kotak expects Reliance Retail to leverage on Jiomart’s distribution strength to drive FMCG sales.