The perception is that if there is recovery in the rural economy, the FMCG sector would be the biggest gainer. Yes, it would be one of the gainers. But a bank or financial services company along with a power company would also see an impact when the rural economy does well ? Probably Yes. So, rather than buying just FMCG stocks which are quoting at a price earning multiple of 75, will it be better to buy a basket of stocks which includes some direct well known beneficiaries and some indirect ones. Probably Yes. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
