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Revamped distribution, portfolio may help Emami, TGBL, Jyothy, Bajaj stocks


Prior to the recent correction, fast moving consumer goods companies have been among the best-performing stocks on the back of a recovery in volume growth as well as expectations of an uptick in rural spending.However, within the FMCG pack, four companies–Emami, Tata Global Beverages, Jyothy Laboratories (Jyothy) and Bajaj Corp–have consistently been underperforming on the returns front. While year-to-date returns for Emami, Tata Global Beverages and Bajaj Corp are in the negative, Jyothy Laboratories (Jyothy) has barely managed to push into the positive territory. …
Source: Business Standard