The company further mentioned that consumers are moving toward healthier and more environmentally friendly lifestyles, and this trend is reflected in the food choices they choose. As a result, plant-based diets are gaining popularity and acceptance.
Rural markets are likely to recover on the back of normal monsoon and higher MSP
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.
Motilal Oswal is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 900 in its research report dated June 25, 2022.
The demand-supply mismatches in crude and several other commodities are driving inflation, which will likely impact demand across categories in this uncertain environment, said Tata Sons Chairman N Chandrasekaran while addressing shareholders at Tata Consumer Products’ 59th Annual General Meeting.
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 June 15, 2022.
Its revenue growth was led by higher realisation from existing stores and new stores added during the financial year ended on March 31, 2022, as per the latest annual report of Tata Consumer Products
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 May 07, 2022.
Motilal Oswal is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 900 in its research report dated May 05, 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 May 05, 2022.
ICICI Direct is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 910 in its research report dated May 06, 2022.
Foods business likely to be the next engine of growth for TCPL
Tata Consumer Products on May 4 declared a 222 percent year on year jump in its consolidated profit after tax (PAT) at Rs 239 crore. On a sequential basis, profit declined 17.6 percent.
Experts remain hopeful of a rebound as the Nifty has been defending 16,800-16,900 on a closing basis for almost 10 sessions despite high volatility
Prices are trading in a higher high higher bottom formation on the daily chart for the last two months which indicates an uptrend in Power Grid Corporation of India in the medium term.
Fast-moving consumer goods companies such as ITC and Tata Consumer Products are trying to get a foothold in the country’s multi-crore spices segment. What makes the category a ‘tough nut to crack’ for FMCG players?
Tata Consumer Products is maintaining higher top, higher bottom formation on all the time frames after the recent correction from Rs 889–650).
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 March 30, 2022.
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
ICICI Securities is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 925 in its research report dated March 30, 2022.
The share had touched a 52-week high of Rs 889 on September 7, 2021 and dropped to a 52-week low of Rs 614.25 May 7, 2021
TCPL is trading at a P/E multiple of 41x FY24 earnings. Investors with a long-term view can accumulate at current levels