FMCG major Future Consumer is trading in green, hinting at a good growth for a long-term with its expected sales to be at Rs 20,000 crore by FY21.
The company witnessed a drastic fall with its stock prices going as low as Rs 50 per share after which it initiated coverage with buy rating, targeting to pull share price upto Rs 76 per share.
The company currently seems to be in the best place from revenue and profit perspective.