ITC Jumps After Q1 Results! Should Investors Buy The Rally Or Stay Cautious On FMCG Stocks?

ITC shares surged after its Q1 results despite a decline in standalone profit, supported by strong revenue growth and brokerage upgrades. The rally has renewed interest in the FMCG sector, even as near-term risks such as inflation and monsoon uncertainty remain. Kshitiz Mahajan, CEO - Complete Circle, believes FMCG stocks can provide stability to portfolios but may continue delivering only modest growth. He advises investors to focus on long-term consumption themes and businesses benefiting from the shift from unorganized to organized markets.