FMCG Sector: Recovery delayed, not denied, says Phillip Capital; lists 4 top picks ahead of Q4 results

India's FMCG sector has struggled in the last five years, with Q4FY25 results expected to be weak. Phillip Capital remains cautiously optimistic for FY26, citing potential recovery driven by macro factors and increased consumption. Key picks include GCPL, Marico, Tata Consumer, and Britannia.

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