Motilal Oswal Bets on 3 Food Stocks: Up to 26% Upside Predicted

• Motilal Oswal initiated coverage on four consumer processed food stocks, recommending 'buy' for Bikaji Foods, Gopal Snacks, and Prataap Snacks.
• The brokerage predicts an upside potential of up to 26% for these three stocks, while rating Mrs. Bectors Food Specialties as 'neutral'.
• India's food processing sector, valued at ₹86.8 lakh crore in FY24, is projected to grow to ₹109.6 lakh crore by FY27, with packaged foods seeing an 11% CAGR.
• Growth drivers include lifestyle changes, urbanization, nuclear families, and increased working women, formalizing the largely unorganized market.
• Specific price targets and growth forecasts (revenue, EBITDA, APAT CAGR) were provided for each recommended stock over FY25-28.

Why It Matters: Motilal Oswal recommends 'buy' on three food stocks, forecasting up to 26% upside in India's growing packaged food market.