Foreign portfolio investors have consistently increased their stakes in India’s ITC, making the cigarette-to-hotels firm the best-performing stock in the consumer staples sector with gains of 62% over the past year. Meanwhile, retail investors have been reducing their holdings of the company for three consecutive quarters. Mutual fund activity in ITC has been volatile, with an overall trimming of stakes in Q1. The cumulative holding of retail investors in FMCG bellwether Hindustan Unilever was 10.61% at the end of Q1 compared with 11.20% at the end of Q2 2021.
Earnings growth likely to bottom out in Q2 FY26: Motilal Oswal’s Sneha Poddar
Markets may enter a consolidation phase despite a better-than-expected Q4, says Sneha Poddar of Motilal Oswal. She expects real earnings momentum to emerge only in
June 8, 2025