2026-01-10 04:55:36 pm | Source: Motilal Oswal Financial Services Ltd
Buy Tata Consumer Products Ltd for the Target Rs. 1,475 by Motilal Oswal Financial Services Ltd
* We expect revenue to grow ~12% YoY, led by growth across all segments.
* We expect tea volumes to grow in the low single digits, with a marginal increase in tea prices.
* EBITDA margin is likely to expand to ~14.1% in 3QFY26 vs. 12.7% in 3QFY25.
* We expect high-double-digit growth in the Salt business in 3QFY26.
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