Given lack of alternatives, FMCGs to be investors' favourite: Mehrab Irani

In a chat with ET Now, Mehrab Irani, Investment Manager, Tata Investment Corporation Ltd shares his view on FMCG pack?


ET Now: What is the call on the FMCG pack?



Mehrab Irani: FMCG stocks are very costly because of their safety feature and also because of the high ROE and ROCEs. However, there is a marked slowdown in the topline of a lot of FMCG companies, which is happening over the past couple of quarters.

Also, their bottom line has been slightly under pressure because of the increase in the advertisement and other costs. I still think that it would be one of the favourite sectors among the investors because of lack of other opportunities.