CONSUMER STAPLES SLOWDOWN IS INTACT

There is no further deterioration in growth for consumers' supplies. It turned steady – No rise and no further fall. There is a slowdown in the growth of the rural-centric players. However, higher-urban-prominent companies are likely to cope with the slowdown. Strong margin expansion trends are likely to be continued.

The slowdown in the demand of the staples continued in the Q3 for the FY20. It is led by the same factors- ....