Here’s how to defend your portfolio from losses in bad times
FMCG, a defensive sector, is resilient during turbulent times, making it an insurance for portfolios. To battle inflation, FMCG companies resorted to price hikes and reduction in grammage, which affected volume growth but preserved value. With disinflation, companies have paused price hikes, and cheaper raw materials have normalized margins, aiding volume growth.
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