Tata Consumer Products has reduced tea prices across brands as bulk rates ease, with margins set to recover by Q3 and plans to expand rural reach and premium portfolio
Brokerage expects gross-profit-margin (GPM) improvement in Q2FY26 but warns that month-on-month raw-material (RM) upticks could revive price hikes from Q4
FMCG stocks in demand as government plans big GST rate reforms, marking the second major fiscal stimulus in FY26 after personal income tax cuts with an aim to boost consumption.
With the 2025 monsoon tracking above normal and kharif sowing gaining momentum, the brokerage expects these FMCG names to benefit from a broad-based recovery in volumes.