FMCG stocks tumble up to 31 percent year to date in 2026

26 Mwezi wa sita, 2026

Imeripotiwa na AI

India's FMCG sector has posted a subdued performance in 2026, with the index down 10 percent year to date. Several leading companies have recorded double-digit declines amid geopolitical tensions and inflation.

The downturn follows disruptions linked to the Iran war and rising prices in April and May that weighed on investor confidence.

Among the worst performers, Procter & Gamble Hygiene and Health Care shares have fallen 30.62 percent. ITC has declined 28.05 percent while United Breweries is down 18.09 percent.

Other notable drops include Godrej Consumer Products at 15.87 percent, Dabur India at 15.74 percent and Britannia Industries at 13.30 percent. Hindustan Unilever, Colgate-Palmolive India, Tata Consumer Products and United Spirits have recorded smaller losses ranging from 4.11 percent to 6.15 percent.

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Indian equities fall sharply amid global tech selloff

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Indian stock markets recorded their steepest single-day decline in nearly a month. The drop followed a worldwide selloff in technology shares and concerns over possible US interest rate moves.

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Indian stock markets decline amid geopolitical tensions

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Indian IT valuations fall near subprime crisis levels

19 Mwezi wa tano, 2026 Imeripotiwa na AI

Indian IT exporters have seen their stock valuations drop to levels last seen during the 2008-09 subprime crisis. The companies now trade at price-to-earnings multiples of 15 to 18 after losing nearly 30 percent in 2026. AI advancements and new competition are cited as key drivers of the decline.

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