The Sunday Guardian

P&G STABLE SHARES CAN GIVE SOLID GAINS OVER LONG TERM

- RAJIV KAPOOR

form of the P&G stock. He reasoned that as employees became shareholde­rs, their economic interests and those of the company would be bound more closely together. P&G has a strong history of operating with integrity in all countries, at all levels.

Procter & Gamble Hygiene was incorporat­ed in India in 1964 and manufactur­es, distribute­s and markets three major brands in the country— Whisper Sanitary Pads, Vicks and Old Spice. The coronaviru­s pandemic has been leading to lasting changes in consumer habits and behaviour.

But the company expects healthy growth and profitabil­ity on the back of strong brands, wide distributi­on network and new product launches.

Analysts have given a buy rating to Procter & Gamble Hygiene stock with a price appreciati­on of 20% in the next 12 months’ time frame as long term prospects remain attractive on account of strong moats.

The other listed company from the P&G stable is Procter & Gamble Health Limited (formerly Merck Limited), one of India’s largest VMS companies manufactur­ing and marketing over-thecounter products, vitamins, minerals, and supplement­s products for a healthy lifestyle and improved quality of life. With a strong portfolio of brands, Procter & Gamble Health Limited combines the best of P&G and legacy Merck’s Consumer Health capabiliti­es and cultures. The shares of P&G Health are quoting at Rs 4,160 and can deliver 20% price rise in the next one-year time horizon. To sum up, investors looking at MNC companies can buy both the India listed Procter & Gamble firms in smaller lots and hold for solid portfolio gains over the long term. Rajiv Kapoor is a share broker, CERTIFIED Mutual FUND Expert AND MDRT INSURANCE AGENT.

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