Valuation corrections present FMCG buying opportunities; Nestle, Marico among top picks: Abneesh Roy

Abneesh Roy of Nuvama Institutional Equities suggests FMCG companies will face margin pressure in Q4 due to inflationary raw materials like palm oil and copra. Urban slowdown impacts mass consumption, while rural-focused and premium urban segments perform better. Demand and margin improvements are expected from Q2, with Q1 showing slight improvement over Q4.