31 Oct 2025 | 5 Mins Read
United Spirits leads Nuvama's top FCG stocks, predicts more gains
Flipitmoney
Abneesh Roy forecasts a new all-time high for United Spirits within the next year, citing strong performances in Karnataka and Andhra Pradesh, multi-quarter high gross margins, controlled costs for key raw materials, and a UK tax change benefiting the company. He sees no such recovery for other FMCG players like Pidilite, ITC (Q4FY26), Dabur India, and HUL.