FMCG Stocks to Buy: Colgate, ITC and 2 more shares to buy for up to 40% gains; check out targets

Sensex closed 422 points or 0.54 per cent lower at 77,155 while Nifty ended 168 points or 0.72 per cent down at 23,349.

IT and realty were major gainers today among the sectoral indices while auto, PSU Bank, financial services, pharma, FMCG, metal, and energy were top losers.

On the other side, the combined market valuation of all 10 listed Adani group firms fell sharply by Rs 2.19 lakh crore on Thursday amid Adani bribery case. This is more than double of what the conglomerate had lost when the US short seller Hindenburg brought out a damning report in January 2023.

Meanwhile, brokerage Centrum Broking has chosen six FMCG stocks for the long term for up to per cent gains. Take a look at target prices and other details.

The analysts have given a target of Rs 5,936 each for Britannia Industries stock. Today (November 21), Britannia Industries shares closed at Rs 4,804.4 apiece, this means the stock can provide up to 24 per cent returns from its last closing price.

The analysts have given a target of Rs 3,781 each for Colgate stock. Today (November 21), Colgate shares closed at Rs 2,690 apiece, this means the stock can provide up to 41 per cent returns from its last closing price.

The analysts have given a target of Rs 900 each for Emami stock. Today (November 21), Emami shares closed at Rs 632.8 apiece, this means the stock can provide up to 42 per cent returns from its last closing price.

The analysts have given a target of Rs 244 each for Bajaj Consumer stock. Today (November 21), Bajaj Consumer  shares closed at Rs 207 apiece, this means the stock can provide up to 18 per cent returns from its last closing price.

The analysts have given a target of Rs 583 each for ITC stock. Today (November 21), ITC shares closed at Rs 457.2 apiece, this means the stock can provide up to 28 per cent returns from its last closing price.

The views/suggestions/advice expressed here in this article are solely by the brokerage firm. Zee Business suggests its readers consult their investment advisers before making any financial decision.