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Nestle vs ITC vs Britannia vs Marico: Which FMCG stock to buy before their Q2 results? Target price, earning expectation

ITC moved lower in a quarterly results development for Q2 FY27.

· LiveMint Markets

Nestlé India, ITC, Britannia and Marico are expected to post mixed Q2 FY27 results.

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Period
Q2 FY27

Against that, the stock is -3.0% on the day at ₹257.90, and has returned -8.1% over three months. It sits 39% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -5.5% over the same period, so ITC is running 2.6 points behind its peers.

With ITC, Marico and Nestle India all implicated, this reads as a FMCG-level move rather than a company-specific one, which is the more durable kind of signal.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • It touches several names at once (ITC, MARICO, NESTLEIND), which points to a sector-level rather than company-specific driver.
  • Sector exposure: FMCG.
  • The immediate tone of coverage reads negative.