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Akshay Bhagwat Of JM Fin. Services Says Upside Momentum Supports Tata Consumer, ITC, & HUL

Akshay Bhagwat Of JM Fin. Services Says Upside Momentum Supports Tata Consumer, ITC, & HUL

Shailendra Bhatnagar
Shailendra Bhatnagar / Sakshi Batra
  • New Delhi ,
  • Sep 28, 2023,
  • Updated Sep 28, 2023, 12:21 PM IST

FMCG stocks are surging, and Akshay Bhagwat of JM Financial Services is bullish on Tata Consumer, ITC, and HUL. He recommends buying all three with a strong chart pattern observed. Tata Consumer is at a record high, also up 12% in a year, and September's top performer, boasting a 6.8% increase, outperforming its peers. ITC has surged by 37% in a year. Bhagwat foresees strong upside momentum, setting a stop loss at Rs 855 and an upside target of Rs 925-940 for Tata Consumer. Exciting times for FMCG investors!

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