NourishCo, Tata Sampann, Tata Soulfull, and Tata Q collectively grew 52 percent in FY22 and the company opened 50 new Tata Starbucks stores last year-taking the total to 268 stores across 26 cities.
TCPL has announced the merger of all businesses of Tata Coffee with itself or its subsidiaries as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies.
The Tata Group’s FMCG arm has announced a reorganisation of its India and UK businesses as it tries to simplify its complex structure.
The company’s management expects earnings to improve by 5-10 percent as a result of the consolidation
Chacko Purackal Thomas is the managing director and chief executive officer of the company since April 1, 2019.
Vinay Rajani of HDFC Securities believes that Nifty is in continuation of an uptrend and same should extend. Currently Indian Markets are outperforming and we could see Indian benchmarks to register new all-time highs.
Vinay Rajani of HDFC Securities says they believe that the Nifty is in uptrend and dips should be utilised to create longs positions. Support for the Nifty is seen at 17,640. Upside targets for the Nifty are seen at 18,210 and 18,610
The Nifty50 is expected to be in the range of 17,500-18,000. Only a break above 18,000 will increase momentum on the upside and trigger fresh buying, says Malay Thakkar
The company's consolidated net profit during the corresponding quarter of the previous fiscal stood at Rs 42.40 crore, Tata Coffee said in a BSE filing.
Globally the Robusta Coffee futures and London cocoa futures are used as the benchmark for the pricing of physical Robusta Coffee and physical cocoa, respectively.
The Tata group company is putting a premium on value addition and premiumisation in categories