FMCG Stock Held by Mukul Agrawal With 71% International Revenue to Keep on Your Radar
India, Sept. 16 -- The packaged rice sector is gradually shifting from loose and unbranded consumption toward trusted brands, particularly in India. LT Foods management says basmati is still largely unbranded in India, leaving organised players room to gain households through wider distribution, premiumisation and different price points.
The opportunity is also increasingly global, although tariffs, freight volatility and geopolitical disruptions can affect margins. The company sits directly in this trend because its international business is already substantially larger than its domestic business.
LT Foods has a market capitalization of Rs.14,619.35 crore. The stock closed on Tuesday at Rs.421, down 3.85% from its previous close of Rs...
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