Indian Food, Beverage & Tobacco Low Leverage High Rewards

ITC

Market Cap: ₹5.3t

Engages in the fast-moving consumer goods, hotels, paperboards and paper and packaging, agri, and information technology businesses in India and internationally.

Mawana Sugars

Market Cap: ₹3.5b

Manufactures and sells sugar products in India and internationally.

VST Industries

Market Cap: ₹49.1b

Engages in the manufacturing, trading, and marketing of cigarettes, tobacco, and tobacco products in India and internationally.

Aspinwall

Market Cap: ₹2.2b

A multi-line business organization, engages in coffee processing and trading, rubber plantations, natural fiber, and logistics businesses in India, the Americas, Europe, and internationally.

Ponni Sugars (Erode)

Market Cap: ₹2.8b

Engages in the manufacture and sale of sugar in India.