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ABNEESH ROY NUVAMA
Marico's best volume growth in quarters isn't luck; Abneesh Roy on what's really driving itMarico is experiencing its strongest volume growth in quarters, signaling a genuine FMCG sector turnaround, not a statistical blip. Analyst...
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
Odd timing of FIFA matches may keep bars, restaurants from joining partyIndian sports bars and restaurants anticipate lower customer numbers for the 2026 FIFA World Cup. Unfavorable match timings, with late-nigh...
ITC, paints, QSR: Abneesh Roy on what you should buy and avoid right nowConsumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...
Tax shocker makes Nuvama downgrade ITC shares, says cigarette prices can go up 20%Nuvama cut ITC’s target price to Rs 415 and downgraded the stock to hold after the government announced a sharper-than-expected hike in cig...
Demand revival, lower inflation to drive strong H2 for paint sector: Abneesh RoyThe Indian paint industry is experiencing a significant shift with surging demand and a new major competitor. While the newcomer initially ...
USL starts strategic review of Royal Challengers SportsUnited Spirits, India's largest liquor company, has initiated a strategic review of its investment in Royal Challengers Sports, which owns ...
Premiumization and rural demand to drive structural shift in FMCG: Abneesh RoyThe Indian FMCG sector anticipates a gradual recovery, with initial volume growth moderated by GST rationalization as consumers await lower...
Nepal protests: 6 listed FMCG companies exposed to India's neighbour. Should investors worry?Nepal’s political unrest, which forced PM KP Oli’s resignation, has raised concerns for FMCG majors like ITC, HUL, Dabur, Marico, Bikaji an...
Indian consumer goods firms brace for Nepal unrest impactIndian consumer goods companies, including Varun Beverages, Dabur, ITC, Marico, and HUL, are closely monitoring the impact of Nepal's polit...
Trent’s still a buy for Nuvama; government push needed to boost urban demand: Abneesh RoyAbneesh Roy from Nuvama shares insights on the expected impact of the Union Budget on consumption. He is positive on Trent's prospects in t...
Dabur resumes operations in Bangladesh after week-long shutdown amid crisisDabur's CEO, Mohit Malhotra, announced that the company's factories and stockists in Bangladesh are now operational after a week-long shutd...
Budget 2024: Stable taxation to improve cigarette volumesBREAKING: Union Budget for 2024-25 keeps cigarette prices stable! Smokers rejoice as taxes remain unchanged. Analysts predict positive impa...
Here's why Abneesh Roy is bullish on Asian Paints and BergerPlus, the base margins for Asian Paints are very high and that is why they have taken around 3-4% price cut in the earlier quarters and now...
Nuvama initiates coverage on Bikaji Foods, sees upside potential of over 21%Domestic brokerage firm Nuvama initiated coverage on Bikaji Foods, with a target price of Rs 885, as the company has emerged as a heavyweig...
FMCG redux: Abneesh Roy on Nestle, HUL and Hatsun Agro resultsAbneesh Roy discusses the impact of milk softness, margin expansion at Hatsun Agro, and cereal inflation in India. Despite global cost depe...
Rural recovery can potentially start from Q2 of FY25; 4 top consumer picks: Abneesh RoyAbneesh Roy foresees slight expansion and even EBITDA margin growth in Q4 . Among agri imputs, while tea has corrected, cocoa, coffee remai...
Positive on Asian Paints from a one-year perspective: Abneesh RoyAbneesh Roy of Nuvama is positive on Asian Paints from a one-year perspective despite the overall consumption slowdown. The company reporte...
Costa signs pact to sell coffee at select premium properties of PVR InoxPVR Inox, a leading multiplex chain in India, has partnered with Devyani International Ltd, the franchisee of Costa Coffee, to sell premium...
FMCG sector to do well over the next six to nine months: Abneesh RoyYes, the outlook is definitely improving and we will continue to prefer the leaders in the pack. Yes for HUL the royalty issue is a near te...