Nuvama’s Abneesh Roy backs ITC, United Breweries, Asian Paints
In short
Nuvama’s Abneesh Roy says ITC, United Breweries and Asian Paints are among his top picks for the next 12 months. He pointed to better earnings, bigger market share and chances to invest in FMCG, liquor, retail and paint stocks.
This matters for investors watching those sectors. The report does not give price targets or say exactly why each stock may rise.
What the reporting says
Abneesh Roy of Nuvama Institutional Equities is highlighting ITC, United Breweries and Asian Paints as top picks for the next 12 months, according to a publisher summary. He discussed outlooks for FMCG, liquor, retail and paint companies, citing earnings growth, market share gains and investment opportunities. The reporting does not include price targets, rating changes or specific stock catalysts.
Why it matters
Abneesh Roy of Nuvama Institutional Equities is reported to have favored ITC, United Breweries and Asian Paints for the next 12 months. The discussion centered on FMCG, liquor, retail and paint companies, with earnings growth and market-share gains cited as themes. No stock-specific valuation, target price, or recommendation change is provided in the source summary.