Goldman Sachs' top stock ideas in consumer sector in FY20
Updated : June 18, 2019 03:47 PM IST
A moderate increase in taxes will allow ITC to take pricing and support an acceleration in cigarette EBIT growth.
Britannia's new product contribution to rise to 8-9 percent in FY20 from about 4 percent in FY19, driven by new launches across biscuits, other baked products and dairy.
If the current disruptions in the form of credit availability to smaller regional peers etc. last for longer than expected Titan is likely to gain market at a faster pace.
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