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Patanjali Foods: Street’s optimism in assigning high FMCG valuation multiples was misplaced

As reported by mint - markets
Patanjali targets FY27 volume growth of 3-5% in edible oils, 8-10% in foods, and 15% in home care. However, ICICI Securities cut its EPS estimate by 14%, forecasting ongoing earnings pressure due to rising input costs and stagnant profitability in the edible oils segment.
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