Stocks to buy: Nuvama lists 6 FMCG picks including ITC from a 4-5-year perspective; take a look

Brokerage Nuvama carried out a 4-year and 5-year compound annual growth rate (CAGR) analysis of consumer companies and has picked top stocks from the discretionary &amp; staples space that lead the chart. Let's take a look at its top 6 picks:

ITC delivered gains for 12 out of the last 14 months, attractive valuations signal more upside

ITC is a large-cap stock with a market capitalization of ₹5,21,790 crore. It is one of the largest diversified players in India, present in businesses such as cigarettes, FMCG, hotels, and paper.

Markets climb in early trade on continuous foreign fund inflow

<ul><li>The 30-share BSE Sensex climbed 173.65 points to 61,937.90 in early trade. The NSE Nifty advanced 54.35 points to 18,318.75.</li></ul>

FPIs infuse ₹8,643 crore in Indian equities in April so far: Report

FPIs heavily bought financial stocks for ₹4,410 crore during the fortnight that ended April 15. Besides, they were also buyers of automobiles and capital goods. In addition, IT stocks too saw buying interest, although marginally.

10 Nifty 50 stocks delivered up to 51% returns in FY23; ITC topped the list

With returns of over 50%, ITC emerged as the top gainer in the Nifty 50 index. So far in FY23, the stock has surged from around ₹249.20 to ₹378 levels, logging a nearly 51.68% rise in this period. M&amp;M was another top gainer in the Nifty 50 index. The stock has climbed from ₹793.35 to ₹1,150 in the current fiscal year, generating a return of 45%.

ITC vs Godrej Consumer: Which is a better FMCG stock for long term?

The Nifty FMCG index has risen nearly 3 percent year-to-date (YTD) versus a nearly 6 percent fall in Nifty. Let's find out between ITC and Godrej Consumer Products (GCPL), which stock is a better investment for the long term.

Why ITC makes better play than other FMCG companies? We explain

Overall revenue (ex-agri business) growth was led by continued strong performance in cigarette (17% YoY, ~15% YoY volume growth, 11% 3-year CAGR) followed by resilient FMCG (18% YoY, 13.5% 3-year CAGR) and paper business (13% YoY, 14% 3-year CAGR).

Axis Securities' top 16 picks for March: ICICI Bank, Tech Mahindra and more

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<ul><li>The basket of its top picks has generated a remarkable return of 149% since its inception in May 2020, a figure that is noticeably higher than the 87% returns recorded by the Nifty 50 during the period. In light of this, the brokerage continues to support its thematic method of choosing top choices.</li></ul>

M-cap of five of top 10 valued firms climbs ₹88,605 crore; SBI, ICICI Bank biggest gainers

<ul><li>While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains in their market valuation, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Hindustan Unilever and ITC were the laggards.</li></ul>

Nifty50 registered a third consecutive monthly loss in February; Only 2 stocks gained more than 5%

Indian stock markets have experienced a continued downward trend in February, with the Nifty50 falling by 2.03%. The decline has been attributed to concerns over further rate hikes, geopolitical tensions, weak Q3FY23 performance by Indian Inc, and sustained foreign selling. 

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Stocks to buy: Nuvama lists 6 FMCG picks including ITC from a 4-5-year perspective; take a look

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