The PMS has LT Foods in its portfolio. It says that LT Foods is not like a typical FMCG company, where volumes are currently affected. Basmati being a premium rice itself is not affected by the slowdown in mass categories.
FMCG Cos: FMCG giants such as Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are adopting real-time data exchange and demand forecasting to prevent stock-outs at quick-commerce (Q-comm) platforms like Blinkit, Swiggy Instamart, BBNow, and Zepto.