In a chat with NDTV Profit's Ira Dugal, Kaustubh Pawaskar, Research Analyst, FMCG/Hotels, Sharekhan, shared his views on how delayed monsoon is impacting the FMCG sector. "It is too early to comment on the monsoon impact. As far as the stocks are concerned, we think that ITC, GCPL are fairly valued right now," he said.