Motilal Oswal is bullish on Tata Consumer Products recommended buy rating on the stock with a target price of Rs 450 in its research report dated June 30, 2020.
According to ICICI Securities, The Nifty has moved around the 10000 mark amid a broader market recovery led by underperforming segments like banking.
Motilal Oswal is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 431 in its research report dated May 15, 2020.
ICICI Direct is bullish on Tata Consumer Products has recommended buy rating on the stock with a target price of Rs 440 in its research report dated May 15, 2020.
ICICI Direct is bullish on Tata Global Beverages has recommended buy rating on the stock with a target price of Rs 450 in its research report dated January 15, 2020.
ICICI Direct is bullish on Tata Global Beverages has recommended buy rating on the stock with a target price of Rs 300 in its research report dated August 01, 2019.
ICICI Direct is bullish on Tata Global Beverages has recommended buy rating on the stock with a target price of Rs 250 in its research report dated May 16, 2019.
ICICI Direct is bullish on Tata Global Beverages has recommended buy rating on the stock with a target price of Rs 240 in its research report dated April 25, 201
Key challenges for the company remains in terms competitive intensity in the mass market. Having said that price hike taken by the company for three key domestic tea brands provides some solace.
The consolidated net profit for Q3 was lower mainly due to a deferred tax credit of Rs 53 crore recognised in Q3 FY18.
Domestic tea portfolio grew by 9 percent in volume terms but on account of competitive intensity value grew by 7 percent only. However, sequentially, there was a marginal market share gain in value terms. Noteworthy category was Green tea, wherein 14 percent volume growth helped in market share gain.
Reports suggest that one of the proposals that Tata Group is evaluating involves merging the salt and branded lentils business of Tata Chemicals with Tata Global Beverages and full consolidation of Tata Coffee
While benchmark indices have fallen 8% from their peak, some well-run large cap companies have corrected much more
After the earnings for the September 17 quarter, the portfolio deserves a review. We are happy to report an outperformance of 8.9 percentage points over the benchmark in little over a month.
Below is our latest offering: 12 conviction picks that could fetch you strong returns if held from this Diwali to the next, along with the rationale for our choices. The list is in alphabetical order.
we find the results positive, particularly on the cost management and restructuring front. Tata Global trades at 24 x (12m trailing earnings) which seems reasonable in the context of the ongoing business restructuring.
ICICI Direct has recommended buy rating on Tata Global Beverages with a target price of Rs 195 in its research report dated July 12, 2017.