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Nestle, Marico, Lenskart among Nomura picks as consumer margins face pressure

Nomura expects India's consumer staples sector to post 13.8% year-on-year sales growth in 2QFY27F, above its eight-quarter average of around 9%, with stable volumes and higher pricing offsetting a volatile macro backdrop.However, "most of our covered companies are likely to see sequential contracti…

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