Patanjali Foods, ITC, Marico, Nestle shares in focus as NIFTY FMCG soars nearly 2% on September 16

The NIFTY FMCG index soared as much as 1.8% to hit an intraday high of 45,645.20 on September 16, compared with Tuesday’s closing level of 44,829.95. At around 11:42 AM, the index was trading 1.71% or 765.15 points higher at 45,595.10.

The index has risen 1% in the past week but declined 6% over the month. It has fallen 8% in the past three months and 15% on a year-to-date (YTD) basis.

Out of the NIFTY FMCG index’s 15 constituents, 13 stocks advanced, while two declined.

The top gainers in the index were Patanjali Foods, Marico, Colgate-Palmolive (India), Tata Consumer Products, Godrej Consumer Products, and Hindustan Unilever Ltd (HUL).

FMCG stocks gained in Wednesday’s market as the market rebounded. Furthermore, festival demand also added to positive investor sentiment for the sector.

The report, citing industry executives, said that the sales growth during the period spanning Onam, Rakshabandhan and Ganesh Chaturthi came despite several price increases, reflecting underlying consumer optimism.

Additionally, as per media reports citing Equirus Capital's July 2026 Consumer Sector Tracker, FMCG demand is projected to rise 9 to 11% between August and November 2026.

Here is how FMCG stocks were performing on September 16:

At the time of writing, the stock stood at ₹356.20 per equity share, marking a 5.21% gain. It has jumped 5% in the past week and more than 2% over the month. However, it has fallen 35% on a YTD basis.

While the scrip hit a 52-week high of ₹614.90 per unit on September 19, 2025, it touched a year’s low of ₹328.20 on July 15, 2026.

In a regulatory filing dated September 10, the company said that it has partnered with Kaun Banega Crorepati Season 18 (KBC 18) to launch a nationwide oral health awareness campaign.

While the shares have surged 5% in the past week, they have lost 5% over the month. On a YTD basis, they have declined 10%.

At the time of writing, the stock stood at ₹816.85 per equity share, reflecting a 3.24% increase. It has fallen 6% over the month but gained 7% on a YTD basis.

While the scrip hit a 52-week high of ₹889.10 per unit on July 30, 2026, it touched a year’s low of ₹690.30 on September 29, 2025.