Finance Minister Nirmala Sitharaman presented the Union Budget for 2025-26, revealing significant changes to personal income tax rates a limits during her Budget 2025 speech.
FM announced that there will be no income tax payable up to income of Rs. 12 lakh (i.e. average income of Rs. 1 lakh per month other than special rate income such as capital gains) under the new regime. This limit will be Rs. 12.75 lakh for salaried taxpayers, due to the standard deduction of Rs. 75,000.
Tax slabs and rates will be revised across the board to benefit a taxpayers. This new structure is expected to significantly reduce taxes f the middle class, leaving them with more disposable income, which could enhance household consumption, savings, and investment.
The Nifty FMCG index surged by up to 3 percent, while the Consumer Durables index rose by over 2 percent.
Here are a FMCG few stocks that saw gains of up to 10 percent after the Finance Minister announced Income Tax relief:
1. ITC Limited
With a market cap of Rs. 5.82 lakh crores, the stock moved up nearly 5.3 percent on BSE to hit an intraday high at Rs. 471.3, during the special trading session of Saturday.
ITC Limited, the largest cigarette manufacturer and seller in the country, presently operates in ve business segments: FMCG cigarettes, FMCG others, hotels, paperboards, paper and packaging, and agri-business.
2. Godrej Consumer Products Limited
With a market cap of Rs. 1.21 lakh crores, the shares of this large-cap FMCG stock and a part of Godrej Group moved up nearly 8.2 percent on BSE to hit an intraday high at Rs. 1,213.45, during the special trading session of Saturday.
Godrej Consumer Products Limited is a household and personal care producer, and has three main product categories: home care, hair care, and personal care.
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3. Varun Beverages Limited
With a market cap of Rs. 1.93 lakh crores, the shares of a key player in the beverage industry and PepsiCo’s bottling partner moved up nearly 8.6
percent on BSE to hit an intraday high at Rs. 582.7, during the special trading session of Saturday.
VBL is a key player in the global beverage industry and the second largest franchisee of PepsiCo in the world (outside US) with operations spanning across 10 countries with franchise rights and an additional 4 countries with distribution rights.
4. Marico Limited
With a market cap of Rs. 89,909.7 crores, the shares of one of India’s leading FMCG companies moved up nearly 10 percent on BSE to hit an intraday high at Rs. 736.1, during the special trading session of Saturday.
Headquartered in Mumbai, Marico Limited is engaged in the business of manufacturing and marketing products under the brands such as Parachute, Saffola, Hair & Care, Mediker, Revive, Set Wet, Livon, Beardo, Just Herbs, Plix and others.
Written by Shivani Singh
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