Go long on ITC: Sandeep Singhal, Emkay Global

In a chat with ET Now, Sandeep Singhal, Co-Head Institutional Equities, Emkay Global Financial Services shares his views on FMCG


How would you approach the FMCG stocks in the market?

It is risky to go long on HUL but it would be fine to go long on ITC. You can go long on stocks like Titan or Havells because their management seems to be quite confident of maintaining the guidance or growth. Colgate Palmolive looks good and Marico is also a buy on our recommendation. Be wary wherever you have the PE multiples in the rabge of 25-30.