As per a poll of brokerages conducted by Moneycontrol, the company was set to report post-tax profit of Rs 265 crore on a revenue of Rs 3,454 crore.
Margins as expected to contract on account of inflationary pressure in UK Tea and US Coffee businesses
After breaking out from the downward sloping trendline on the daily chart, Religare Enterprises is consolidating during last few days, indicating relative strength in the stock. Short and medium term trend remains positive as stock price is trading above all important moving averages.
While the discussions are at an initial stage, according to the report, the deal could be valued at Rs 1,000-1,500 crore
Chauhan isn’t like most entrepreneurs who get married to their businesses and stay on till death parts them – in many cases, it’s the death of the business itself.
Amid intense local competition, counterfeits and low pricing power, Bisleri may fail to boost Tata Consumer’s profitability
In a major divesting move, Ramesh Chauhan has reportedly decided to give up its control of the brand to Tata Consumer Products Ltd. (TCPL), reported CNBC-TV18.
At 9:45 am, the stock was quoting at Rs 791 on the National Stock Exchange, up 2.82 percent. Trading volumes were twice the 20-day average volume at 2,505,900.
Footfalls at the coffeehouse’s stores are above pre-pandemic levels after it opened more than 50 stores in India in FY22
Investors need to keep track of the recovery in rural markets, given that almost 35-40 percent of revenue contributions come from that segment
Tata Consumer Products is rapidly expanding its subsidiary NourishCo’s product portfolio. The company earlier this year launched honey and preserve products under its premium packaged water brand Himalayan.
KR Choksey is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 964 in its research report dated October 27, 2022.
ICICI Direct is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 950 in its research report dated October 21, 2022.
Sharekhan is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 925 in its research report dated October 21, 2022.
Motilal Oswal is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 880 in its research report dated October 21, 2022.
Motilal Oswal is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 890 in its research report dated September 20, 2022.
Tata GoFit, a health supplement range for women, is a plant-based easy-to-mix product formulated with the goodness of gut-friendly probiotics.
The Nifty50 is expected to trade within the range of 17,300-17,800 in the short term, and if it decisively gives a close above the upper band of the said range, then there could be a move towards the psychological 18,000 mark, experts said
KR Choksey is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 964 in its research report dated August 12, 2022.
Sharekhan is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 960 in its research report dated August 11, 2022.
Motilal Oswal is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 890 in its research report dated August 11, 2022.