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

FMCG companies in India are expected to have a mixed earnings season in Q2FY27, with 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.