India, Oct. 31 -- It is well recognized that the FMCG industry has historically been an attractive defensive investment proposition given its branded nature, extensive distribution channels, and the high level of demand for essential items. Nevertheless, some of the prominent FMCG companies have recently undergone considerable correction amid concerns about earnings growth, higher raw material prices, and valuation. Although the prospects for demand recovery and pricing policies might favor revenues, the main task for the companies is to drive profitability.

FMCG Stocks Fall Up to 46% in One Year Several established FMCG companies have experienced substantial declines in their share prices over the past year. Godfrey Phillips India recor...