Archive · 1 Oct 2025
Nuvama Highlights Consumer Stocks Amid GST Changes
Nuvama, a financial analysis company, has shared which consumer stocks they think will do well in the coming months.
They expect some companies to do okay, but some will be held back by recent changes to taxes and changing costs.
Companies like Bikaji Foods and Tata Consumer are expected to grow, while others like Hindustan Unilever face headwinds.
Factors such as changing taxes, weather, and raw material costs play a big role in how these companies are doing.
Overall the consumer sector is projected to have a somewhat slower growth.
Nuvama identified companies likely to perform well in the consumer sector.
Bikaji Foods is expected to benefit from GST changes.
Hindustan Unilever faces headwinds due to GST and palm oil costs.
Tata Consumer and United Spirits were also highlighted as favorable picks.
The report considered the impacts of GST, raw material costs and weather.
- Who
- Nuvama Institutional Equities
- What
- Released a Q2FY26 consumer-sector preview, identifying top stock picks.
- When
- Report released recently.
- Where
- Not explicitly mentioned.
- Why
- To highlight companies positioned to perform well amidst market changes.
- Brokerage Firm
- Nuvama Institutional Equities
- Report Focus
- Q2FY26 consumer-sector preview
- Top Picks
- Bikaji Foods, Britannia, Nestle India, HUL, Tata Consumer, United Spirits, Asian Paints
- GST Impact
- Companies adjusting to GST changes; some benefit, others face headwinds.
- HUL Outlook
- Flat revenue and volumes; EBITDA decline
- Sector Outlook
- Modest revenue growth (5%), volume growth (2%) with flat EBITDA expected.