We Are In A Capex-Led Growth, Where FMCG Cos Have High Valuations With Low Growth: Alchemy Capital

Alpha Managers | 'FMCG basket is trading at an all time high but earnings are struggling to hit double-digit mark', says Alok Agarwal, Head-Quant & Fund Manager, Alchemy Capital Management. He adds, there are signs showing that we are in a capex-led growth, where FMCG cos have high valuations with low growth.
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