The fast-moving consumer goods companies provide a variety of goods to the audience that caters to their needs. The goods provided by FMCG companies usually have a shorter shelf life and are produced in large volumes. The FMCG industry has been experiencing remarkable growth, contributing approximately 10% to the Gross Domestic Product (GDP) of India.
In this article, we will take a look at some of the most searched FMCG Stocks in India. Most of these FMCG companies have become a common name in Indian households. By getting an overview of these stocks, you will be able to build a strong portfolio.
1. Britannia
Britannia is one of the most popular and oldest food-producing companies in India. It was established in India with a very minimal investment of just ₹295. Currently, there are more than 5 million retail outlets of this company.
Britannia is known to popularize the concept of Zero Trans Fat Business. Apart from India, they also have their business in 60 other countries. Some of their most popular products include Yogurt, Tiger Biscuits, Good Day Biscuits, Marie Gold, and more.
- Britannia Share Price as of Nov 2023: ₹4620+
- Market Cap: ₹1,11,274 Cr
2. Dabur
Dabur is one of the leading Indian multinational companies in current times. With its headquarters in Ghaziabad, the company offers products around health and wellness. As one of the fastest-growing FMCG companies, Dabur derives most of its revenue from the consumer care business.
Over the years, Dabur became extremely popular in the market with its personal care, skin care, oral care, and hygiene products. Some of the widely used products include Dabur Hair Oil, Dabur Red Toothpaste, Dabur Triphala Churna, and more.
- Share Price as of Nov 2023: ₹530+
- Market Cap: ₹95,282 Cr
3. Godrej Consumer
Godrej Consumer is indeed one of the biggest FMCG companies in India with a significant market cap. Based in Mumbai Godrej is spread across different sectors.
They are quite popular across personal care products, detergents, food products, personal care products, and more.
Some of the most popular products by Godrej Consumer include Godrej Shikakai Renew, Coloursoft, Ezee, Cinthol, and more.
- Share Price as of Nov 2023: ₹1020+
- Market Cap: ₹1,04,823
4. Varun Beverages
Varun Beverages is a leading player in the beverage industry, primarily engaged in the production and distribution of carbonated and non-carbonated drinks.
With a strong presence in India and other global markets, Varun Beverages has established itself as a key player in the FMCG sector.
Some of the popular brands for which Varun Beverages produces bottles include Gatorade, Mirinda, Tropicana, Duke’s Club Soda, and more.
- Share Price as of Nov 2023: ₹945+
- Market Cap: ₹1,22,871 Cr
5. Marico
Marico Ltd is a prominent consumer goods company operating in the FMCG sector. With a diverse product portfolio spanning hair care, skin care, edible oils, and more, Marico has garnered a strong market presence in India and abroad.
Marico’s emphasis on research and development, coupled with efficient distribution channels, has contributed to its sustained growth and market leadership.
- Share Price as of Nov 2023: ₹530+
- Market Cap: ₹68,968 Cr
Conclusion
FMCG stocks can be a suitable addition to your portfolio. The constant growth in this sector can be beneficial for portfolio diversification as well. The above-mentioned 5 FMCG stocks are bound to grow in the coming times.
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