FMCG Q2FY27 preview: 6 stocks HDFC Sec likes; Honasa, Nestlé, Emami, Bikaji, Britannia, Godrej Consumer - check targets

Indian FMCG companies face a mixed Q2FY27 earnings season, with expected revenue growth supported by a softer base and selective price hikes, but persistent raw material inflation may pressure margins. HSIE Research maintains an underweight stance due to weak earnings visibility.