Anand Tandon expresses caution regarding the FMCG sector's valuations, despite recent investor interest and good earnings. He points out that while the sector might see over 20% growth in the year ahead, current valuations (upwards of 40 PE) are not justified by this growth, making it "not exactly cheap."
Nifty FMCGNeutralCalled 23 Apr 2026Graded 19 Jul 2026