These FMCG Sector stocks gained over 117 per cent in just 1 month; do you hold any?

DSIJ Intelligence-1 / 01 May 2023/ Categories: Mindshare, Trending

These FMCG Sector stocks gained over 117 per cent in just 1 month; do you hold any?

The FMCG sector provides employment to around 3 million people accounting for approximately 5 per cent of the total factory employment in India. 

On Friday, BSE Sensex Index ended the day in green, up 0.76 per cent at a level of 61,112.44. One of the Top Gainers in the broader market was BSE FMCG Index, up by 1 per cent in one day and over 7 per cent in 1 month. 

The FMCG sector in India expanded due to consumer-driven growth and higher product prices, especially for essential goods. The FMCG sector provides employment to around 3 million people accounting for approximately 5 per cent of the total factory employment in India. 

FMCG sales in the country were expected to grow 7-9 per cent by revenue in 2022-23. The fast-moving consumer goods (FMCG) sector is India’s fourth-largest sector and has been expanding at a healthy rate over the years because of rising disposable income, a rising youth population, and rising brand awareness among consumers. 

With household and personal care accounting for 50 per cent of FMCG sales in India, the industry is an important contributor to India’s GDP. 

Following are the FMCG Sector stocks that gained over 117 per cent in just 1 month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Prime Industries Ltd 

30.62 

117.32 

IB Infotech Enterprises Ltd 

132.99 

103.5 

Mirza International Ltd 

66.11 

98.83 

AKI India Ltd 

116.04 

54.93 

Ritesh International Ltd 

58.15 

44.65 

Aveer Foods Ltd 

619 

43.45 

Aarti Surfactants Ltd 

686.35 

43.39 

Kohinoor Foods Ltd 

43.02 

42.07 

Milestone Furniture Ltd 

7.63 

41.04 

Sharat Industries Ltd 

60.25 

33.15