There have been times when, in volatile phases, certain MNC stocks have outperformed the markets. Mostly, it was stocks from the FMCG sector which were able to do this. That is probably the reason why stocks like HUL and Nestle have become synonyms with MNCs stocks. In reality, there are many MNC companies that operate in India and are not in the FMCG sector, and in the last few years their Indian operations have reached a stage where they form an important part of the global operations. Just to give you an example, if one looks at concalls and analyst meetings of their parent companies, a number of them make a significant mention of Indian operations. That was not the case a couple of years ago. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
