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ITC's packaged foods business crosses $2 billion in revenue
ITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was fueled by premium product launches and a favorable tax environment. While the food segment remains the largest FMCG contributor, other businesses saw modest gains. The company faces challenges from increased cigarette taxation but remains optimistic about its market position.
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demand
Britannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move aims to boost agility and product customisation for regional markets. The company is also investing in premium products and new food categories. These changes are expected to yield results in the coming quarters.
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March
Stocks to Watch, 12 March: Stocks like Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Mahanagar Gas, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington will be in focus on March 12.