ITC, Marico to Britannia: These 5 FMCG stocks trade above pre-pandemic levels

Stock market today: It is around two and half years since spread of Covid-19 pandemic. However, despite strong rebound by Indian equity markets after Covid-19 swell-off, a good number of stocks are still reeling below pre-pandemic levels. But, some FMCG stocks like Britannia, ITC, Marico, Nestle, etc.

have managed to regain pre-Covid highs and now they are quoting above pre-pandemic levels. Here we list out 5 FMCG stocks that are trading above pre-Covid levels: 1] ITC: In January 2020, ITC share price was around ₹ 235 apiece levels and it witnessed heavy beating post-Covid spread and touched a closing low of ₹ 158. 25 per share levels in NSE.

However, after strong rebound in Indian stock market post-Covid sell-off, ITC share remained a bears’ favourite sell on rise stock till February 2022. However, from last week of February 2022, ITC share price has surged from around ₹ 213 to ₹ 270 levels, logging near 27 per cent rise in these four months time. Looking at ITC share price in pre-Covid times, the stock has surged from ₹ 235 to ₹ 270, quoting near 15 per cent above its pre-Covid levels.

2] Marico: In January 2020, Marico share price made a closing high of around ₹ 350 on NSE whereas Marico share price today is around ₹ 485. This means, this FMCG stock is trading around 40 per cent above its pre-Covid highs. After spread of Covid-19 pandemic, Marico share price made a closing low of ₹ 255.

90 per share. However, after strong rebound post-pandemic sell-off, Marico share price appreciated to its new life-time high of ₹ 607. 70 in October 2021.

Then after, sell-off triggered in the FMCG stock and Marico share price slipped to its 852-week low of ₹ 455. 65 January 2022. But, discounted shopping triggered in the stock at these levels and the stock started surging from its 52-week low.

However, the stock has remained sideways after making its 52-week low. 3] Britannia: In January 2020, Britannia share price made its closing high of near ₹ 3192 per equity share. When Covid-19 sell-off triggered, this FMCG stock made its closing low of ₹ 2467 apiece levels, logging near 23 per cent dip from its pre-Covid highs.

However, in last two years, Britannia share price has appreciated up to ₹ 3436 levels, logging near 40 per cent jump from its post-Covid lows and near 8 per cent above its per-Covid highs. 4] Nestle: This FMCG stock made pre-Covid high of around ₹ 15,755 per share in January 2020. After spread of the Covid-19 pandemic, Nestle share price corrected up to ₹ 14,145 apiece levels.

However, if we look at Nestle share price today, it is quoting at ₹ 16,950, which is around 7. 50 per cent higher from its pre-Covid highs. MINT PREMIUM See All Premium Nifty Realty index is in demand zone.

Charts suggest it . . .

Premium Mint Explainer: Is AI approaching sentience and should . . .

Premium How the rupee’s slide will impact India’s economy Premium How Zerodha’s Nithin Kamath manages his personal finances 5] Dabur: In January 2020, this FMCG stock made its pre-Covid high of ₹ 500 apiece levels on NSE whereas Dabur share price today is ₹ 505, slightly higher from its pre-Covid highs. TRENDING STORIES See All Premium ‘Indigo didn’t serve my crying kid,’ complains passenge . .

. Premium Kellogg to split into three companies; corporate HQ mov . .

. Premium Adani group stock may be upgraded to largecap in MF sem . .

. Premium Sensex jumps 934 pts, Nifty ends above 15,600; Titan, S . .

. Subscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter. First article Close.