Neeraj Dewan is bullish on the FMCG sector, viewing Nestle's strong results as the start of a broader re-rating. He expects margin expansion due to rising inflation allowing price increases, and anticipates companies like Britannia (his top pick), HUL, and Tata Consumer to beat street estimates.

Neeraj Dewan’s track record: 6 graded calls · 95% CI 10–70%

Britannia Industries LimitedBullishCalled 23 Apr 2026Graded 27 Jun 2026
Verdict:MISS

Britannia Industries Limited declined from ₹5730.50 to ₹5327.00, a -7.04% drop, which contradicts the bullish call.

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