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FSSAI’s front-of-pack warning proposal pressures major FMCG stocks
FMCG stocks fell after FSSAI proposed prominent red front-of-pack warnings for packaged foods high in added saturated fat, sugar and salt. Nestlé India, ITC, HUL, Tata Consumer, Varun Beverages and Britannia could face reformulation and compliance costs if implemented.
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Reported figures
From the report. Source details below
- Hindustan Unilever more than -1%
- Tata Consumer Products -0.97%
Other figures
- Nestlé India -0.65%
- ITC -0.41%
- Varun Beverages -0.81%
- Britannia Industries -1%
The source
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First seen