# FMCG stocks are back in focus, with Abneesh Roy of Nuvama Institutional Equities flagging a constructive outlook for the sector.

*business · news · 2026-04-20 · NDTV Profit*

## Key points

- Asian Paints has implemented two double-digit price hikes, showing renewed pricing power in paints.
- Market leaders like Marico, Nestle India, and Asian Paints are projected to gain share as competitors cut promotions.
- Volume recovery for HUL and Asian Paints from previous quarters is expected to continue into Q4.
- Crude and palm oil price volatility remains a critical margin risk for HUL and Godrej Consumer Products.
- Nuvama projects sustained sector strength into FY27 based on pricing power and market share consolidation.

**Companies:** Nestle India, Hindustan Unilever, Asian Paints, Godrej Consumer Products, Tata Consumer Products, Marico
**Countries:** India

[Read the full story on NDTV Profit](https://www.ndtvprofit.com/markets/asian-paints-hul-in-focus-nuvamas-abneesh-roy-flags-top-fmcg-picks-amid-crude-volatility-11381799)

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