INDIA MARKET LENS
▲ Positive

Three midcap stocks with strong growth potential

ITC set out an expansion.

26 Sept 2026 · LiveMint Markets

Kalpataru Projects, ITC Hotels and Waaree Energies are expanding capacity, entering new markets and building order books as they target the next phase of growth.

Against that, the stock is -1.4% on the day at ₹263.10, and has returned -8.6% over three months. It sits 38% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -9.8% over the same period, so ITC is running 1.2 points ahead of its peers.

For ITC, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.

  • The company directly in focus is ITC.
  • Sector exposure: FMCG.
  • The immediate tone of coverage reads positive.
ITCFMCG