In 2026 so far, performance across FMCG stocks has been sharply divergent. Bajaj Consumer Care (111%), CCL Products (India) Ltd (16.5%), Nestle (15%), Marico (12.2%) and Tata Consumer Products Ltd (6.9%) have seen strong gains, while larger staples such as ITC (-24%), Godrej Consumer Products (-17%), Emami (-15.7%), Hindustan Unilever Ltd (-0.4%), Britannia Industries Ltd (-10.3%), Dabur India (-6%) have lagged.
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