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Nomura Forecasts Margin Improvement for FMCG Companies in Q2FY26
ByAinvest
Monday, Sep 1, 2025 1:52 am ET1min read
Nomura expects FMCG companies to see an improvement in gross profit margin in Q2FY26 and Q3FY26 due to soft commodity prices. However, rising raw material costs could prompt price hikes from Q4. The brokerage has suggested 'Buy' on Marico, Tata Consumer Products, and Britannia for targets of ₹825, ₹1,300, and ₹6,400 per share, respectively.
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