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Buy Tata Consumer Products Ltd For Target Rs.985 - Motilal Oswal Financial Services Ltd Operating performance in line with our estimates * Tata Consumer Products (TATACONS) reported revenue growth of ~12.5% YoY, driven by strong growth in India food business (up 24% YoY) and NourishCo (up 60% YoY). Operating performance in 1QFY24 was led by healthy performance from India branded business (EBIT up 20% YoY). * We maintain our FY24/FY25 EPS estimates and retain our BUY rating on the stock with our SoTP-based TP of INR985. India food business drives sales growth * TATACO...
Buy Tata Consumer Products Ltd For Target Rs.985 - Motilal Oswal Financial Services Ltd
Buy Tata Consumer Products Ltd For Target Rs.985 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
1/08/2023 11:27:57 AM
India`s Tata Consumer posts Q1 profit miss on higher expenses India's Tata Consumer Products reported a smaller-than-expected 24% rise in first-quarter profit on Wednesday, as mounting expenses outpaced higher sales of its eponymous packaged food and beverages. The Kolkata, West Bengal-based company said its consolidated net profit rose to 3.17 billion Indian rupees ($38.66 million) in the quarter ended June 30, marking its eighth consecutive quarterly profit climb. Analysts, on average, had expected a profit of 3.22 billion rupees, according ...
India`s Tata Consumer posts Q1 profit miss on higher expenses
India`s Tata Consumer posts Q1 profit miss on higher expenses
Source: Reuters
26/07/2023 5:28:45 PM
Stock Picks : State Bank of India Ltd and Tata Consumer Products Ltd By ICICI Direct  State Bank of India Ltd Buy State Bank of India Ltd @197.5-198.5; Target 201.9; Stop Loss 598.70   Tata Consumer Products Ltd Buy Tata Consumer Products Ltd @865-867; Target 879; Stop Loss 859.70       To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.tradebulls.in/disclaimer SEBI Registration number is INZ000171838    View...
Stock Picks : State Bank of India Ltd and Tata Consumer Products Ltd By ICICI Direct
Stock Picks : State Bank of India Ltd and Tata Consumer Products Ltd By ICICI Direct
Source: ICICI Direct
21/07/2023 10:22:35 AM
Buy Tata Consumer Products Ltd For Target Rs.950- ICICI Securities Likely improvement in (sustainable) profitability of Tata Salt; a DCF-accretive event   We believe Tata Salt has the “price-retention’ power to largely retain consumer prices in the event of commodity price correction – implying higher DCF-accretive gross margin expansion. We reckon it will utilise the higher resources to drive growth in Sampann, Soulfull, Nourishco, Tata Coffee etc. Tata Salt (and TCPL) gross margins were impacted in H2FY22-H1FY23 due to steep in...
Buy Tata Consumer Products Ltd For Target Rs.950- ICICI Securities
Buy Tata Consumer Products Ltd For Target Rs.950- ICICI Securities
Source: ICICI Securities Ltd
22/06/2023 12:35:10 PM
Tata Consumer Products surges on eyeing high growth in domestic market Tata Consumer Products is currently trading at Rs. 810.65, up by 18.95 points or 2.39% from its previous closing of Rs. 791.70 on the BSE. The scrip opened at Rs. 790.05 and has touched a high and low of Rs. 812.65 and Rs. 790.05 respectively. So far 37445 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 861.35 on 14-Sep-2022 and a 52 week low of Rs. 685.00 on 16-Mar-2023. Last one week high and low of the scrip ...
Tata Consumer Products surges on eyeing high growth in domestic market
Tata Consumer Products surges on eyeing high growth in domestic market
Source: Accord Fintech
7/06/2023 11:42:36 AM
Tata Consumer Products inches up on expanding presence in southern markets of India Tata Consumer Products is currently trading at Rs. 791.00, up by 0.30 points or 0.04% from its previous closing of Rs. 790.70 on the BSE. The scrip opened at Rs. 784.50 and has touched a high and low of Rs. 794.15 and Rs. 784.50 respectively. So far 6937 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 861.35 on 14-Sep-2022 and a 52 week low of Rs. 685.00 on 16-Mar-2023. Last one week high and low of the scrip st...
Tata Consumer Products inches up on expanding presence in southern markets of India
Tata Consumer Products inches up on expanding presence in southern markets of India
Source: Accord Fintech
31/05/2023 12:59:09 PM
Buy Tata Consumer Products Ltd For Target Rs. 910 By Motilal Oswal Financial Services Operating performance beats our estimates * Tata Consumer Products (TATACONS) reported a healthy operating performance (EBIT up 15% YoY) in 4QFY23, led by 21% YoY EBIT growth in the India Branded business on the back of cost optimization measures. International branded business EBIT declined marginally YoY due to inflationary pressures and adverse currency movements; however, sequentially EBIT witnessed 44% growth, aided by pricing actions. * While the 4Q performance was better than our...
Buy Tata Consumer Products Ltd For Target Rs. 910 By Motilal Oswal Financial Services
Buy Tata Consumer Products Ltd For Target Rs. 910 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
1/05/2023 11:35:39 AM
Buy Tata Consumer Products Ltd For Target Rs. 980 By ICICI Direct Volume growth, margin expansion on anvil… About the stock: Tata Consumer Products (TCPL) is one of the major FMCG companies present in tea, coffee & other beverages in India, UK, US, Canada and some other geographies. In India, it also has salt, pulses, spices & other foods products. Its subsidiary NourishCo is present in packaged water & other beverages. The company is in JV with Starbucks, which has 333 stores in India              ...
Buy Tata Consumer Products Ltd For Target Rs. 980 By ICICI Direct
Buy Tata Consumer Products Ltd For Target Rs. 980 By ICICI Direct
Source: ICICI Direct
1/05/2023 11:06:56 AM
Buy Tata Consumer Products Ltd For Target Rs. 870 By JM Financial Institutional Securities TCPL’s 4QFY23 was tad ahead of expectations with some evidence of improving trajectory in the India business, though international profitability still needs some monitoring. Operating performance for 4Q was 1.5-2% ahead of forecasts helped mainly by India; International tea growth was propped up a tad by stake-consolidation of Joekels (South Africa) and Bangladesh. Gross margin was a negative surprise with steeper compression vs our forecast but Other Expenses including A&P grew jus...
Buy Tata Consumer Products Ltd For Target Rs. 870 By JM Financial Institutional Securities
Buy Tata Consumer Products Ltd For Target Rs. 870 By JM Financial Institutional Securities
Source: JM Financial Institutional Securities
26/04/2023 10:59:04 AM
Tata Consumer ends acquisition talks with Bisleri Tata Consumer Products Ltd said on Friday that it has now ceased negotiations with Bisleri with regard to a potential transaction. The company has not entered into any definitive agreement or binding commitment on this matter, Tata Consumer said in a stock exchange filing. Earlier, Tata Consumer had clarified that it evaluates various strategic opportunities for growth and expansion of its business, on an ongoing basis, and pursuant to this, the management of the company remained in dis...
Tata Consumer ends acquisition talks with Bisleri
Tata Consumer ends acquisition talks with Bisleri
Source: IANS
18/03/2023 9:25:00 AM
Buy Tata Consumer Products Ltd For Target Rs. 900 By Motilal Oswal Financial Services International business dents overall performance In-line operating performance * Tata Consumer Products (TATACONS) reported a muted operating performance in 3QFY23 despite 14% YoY EBIT growth in the standalone business. The 3Q performance was mainly dragged down by a 39% YoY decline in EBIT of the international branded business due to inflationary pressures, currency weakness and a lag in pricing. * TATACONS emphasized on its strategy to focus on further penetrating the semi-urban an...
Buy Tata Consumer Products Ltd For Target Rs. 900 By Motilal Oswal Financial Services
Buy Tata Consumer Products Ltd For Target Rs. 900 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
4/02/2023 11:44:59 AM
Stock of the day: Buy Tata Consumer Products Ltd For Target Rs.845 By Religare Broking * Tata Consumer has been trading in consolidation phase while maintaining the positive tone * It has formed a fresh buying pivot, after hovering in a narrow range on the daily chart * The prevailing buoyancy in the FMCG pack is added positive * We thus recommend accumulating in the mentioned range. BUY Tata Consumer Products Ltd CMP (Rs):808.30  Range:800-805  SL:785  Target:845 Technical Chart :     To Read Complete Report &...
Stock of the day: Buy Tata Consumer Products Ltd For Target Rs.845 By Religare Broking
Stock of the day: Buy Tata Consumer Products Ltd For Target Rs.845 By Religare Broking
Source: Religare Broking Ltd
21/12/2022 9:54:20 AM
Key Stock News: Tata Consumer, Prosus , Volvo Car India , Coral Energy , Amazon , Tata Powe- ARETE Securities Tata Consumer to buy Bisleri International for Rs 6,000-7,000 crore: Report Tata Consumer Products Ltd (TCPL) will reportedly acquire Bisleri International for an estimated Rs 6,000-7,000 crore. Ramesh Chauhan, chairman of Bisleri International, does not have a successor to take Bisleri to the next level, according to a report in the Economic Times (ET). He has earlier sold brands like Thums Up, Gold Spot, and Limca to Coca-Cola. Bisleri, which is India's largest packaged water company, i...
Key Stock News: Tata Consumer, Prosus , Volvo Car India , Coral Energy , Amazon , Tata Powe- ARETE Securities
Key Stock News: Tata Consumer, Prosus , Volvo Car India , Coral Energy , Amazon , Tata Powe- ARETE Securities
Source: ARETE Securities Ltd
25/11/2022 9:44:49 AM
India`s Tata Consumer to acquire Bisleri for up to $857 million- ET Tata Consumer Products Ltd will buy Bisleri International for up to 70 billion rupees ($857.38 million), the Economic Times newspaper reported on Thursday, citing the packaged water maker's chairman Ramesh Chauhan. Tata Consumer Products and Bisleri did not respond to Reuters requests for comment.  
India`s Tata Consumer to acquire Bisleri for up to $857 million- ET
India`s Tata Consumer to acquire Bisleri for up to $857 million- ET
Source: Reuters
24/11/2022 9:25:09 AM
Key Stock News: Amazon, Blackstone, Tech Mahindra, IndiaR, Vedanta, Tata Consumer - ARETE Securities Amazon to lay off 10K employees amid 'largest job cuts' in firm's history Multinational tech giant Amazon plans to lay off around 10,000 people in its corporate and technology sectors starting as soon as this week, the New York Times reported. When executed, this would be the largest job cuts in the company’s history. Blackstone launches platform to expand foray in Indian data centre segment Private equity player Blackstone said on Tuesday it is expanding its dat...
Key Stock News: Amazon, Blackstone, Tech Mahindra, IndiaR, Vedanta, Tata Consumer - ARETE Securities
Key Stock News: Amazon, Blackstone, Tech Mahindra, IndiaR, Vedanta, Tata Consumer - ARETE Securities
Source: ARETE Securities Ltd
16/11/2022 9:43:48 AM
Buy Tata Consumer Products Ltd For Target Rs. 880 - Motilal Oswal Financial Services Strong Standalone offsets weak International business Operating performance in line * Tata Consumer Products (TATACONS)’s Standalone operating performance was strong led by EBIT margin expansion of ~190bp YoY (mainly due to gross margin expansion of ~210bp YoY) in 2QFY23. The strong Standalone performance offset the contraction in International business margins (EBIT margin contracted ~690bp) led by input cost inflation, currency weakness and lag in pricing. This resulted in muted...
Buy Tata Consumer Products Ltd For Target Rs. 880 - Motilal Oswal Financial Services
Buy Tata Consumer Products Ltd For Target Rs. 880 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
26/10/2022 2:12:22 PM
Buy Tata Consumer Products Ltd For Target Rs. 880 - Motilal Oswal Financial Services Strong Standalone offsets weak International business Operating performance in line * Tata Consumer Products (TATACONS)’s Standalone operating performance was strong led by EBIT margin expansion of ~190bp YoY (mainly due to gross margin expansion of ~210bp YoY) in 2QFY23. The strong Standalone performance offset the contraction in International business margins (EBIT margin contracted ~690bp) led by input cost inflation, currency weakness and lag in pricing. This resulted in muted...
Buy Tata Consumer Products Ltd For Target Rs. 880 - Motilal Oswal Financial Services
Buy Tata Consumer Products Ltd For Target Rs. 880 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
26/10/2022 1:47:58 PM
Vikram Samvat 2079 Diwali Technical Picks By Sumeet Bagadia, Choice Broking NMDC • On a monthly chart, the stock has been trading with higher highs & higher low formations which suggests an upside rally in the counter. • Furthermore, the stock has been trading with the support of 50 MMA which suggests a positive bias. • On a daily chart, the stock has been trading in a rising wedge formation and tested the lower band of formation which points out. • A daily momentum indicator Stochastic shows a positive crossover which adds more bu...
Vikram Samvat 2079 Diwali Technical Picks By Sumeet Bagadia, Choice Broking
Vikram Samvat 2079 Diwali Technical Picks By Sumeet Bagadia, Choice Broking
Source: Choice Broking Pvt Ltd
15/10/2022 6:08:16 PM
Buy Tata Consumer Products Ltd For Target Rs.950 - ICICI Direct Innovations, premiumisation to aid sales, margin About the stock: Tata Consumer Products (TCPL) is one of the major FMCG companies present in tea, coffee & other beverages in India, UK, US, Canada & some other geographies. In India, it also has salt, pulses, spices & other foods products. Its subsidiary NourishCo is present in packaged water & other beverages. The company is in a JV with Starbucks, which has 275 stores in India. * cThe company has 2000+ distribution dire...
Buy Tata Consumer Products Ltd For Target Rs.950 - ICICI Direct
Buy Tata Consumer Products Ltd For Target Rs.950 - ICICI Direct
Source: ICICI Direct Ltd
26/09/2022 3:49:52 PM
Buy Tata Consumer Products Ltd For Target Rs. 890 - Motilal Oswal Financial Services Standalone gross margin to improve in FY23 The moderation in Tea prices led to an expansion in the standalone gross margin for TATACONS in the last five quarters. The average price of Jan’22 to Jun’22 declined by 11% YoY to INR147.6/kg. However, floods and extreme weather events impacted production in JunJul’22 and led to a surge in prices since Jul’22. Going forward, with an expected normalization in production, we expect Tea prices to remain stable or moderate fro...
Buy Tata Consumer Products Ltd For Target Rs. 890 - Motilal Oswal Financial Services
Buy Tata Consumer Products Ltd For Target Rs. 890 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
21/09/2022 9:27:47 AM
Stock Picks - Tata Consumer products Ltd and Deepak Nitrite Ltd By ICICI Direct Tata Consumer products Ltd Buy Havells India Ltd @836.00-838.00 CMP 837.45 Stop Loss 829.10Target 843.80/851.00   Deepak Nitrite Ltd Buy Havells India Ltd @2015.00-2019.00CMP 2018.40 Stop Loss 1998.70Target 2034.00/2051.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registr...
Stock Picks - Tata Consumer products Ltd and Deepak Nitrite Ltd By ICICI Direct
Stock Picks - Tata Consumer products Ltd and Deepak Nitrite Ltd By ICICI Direct
Source: ICICI Direct
6/09/2022 12:21:22 PM
Buy Tata Consumer Products Ltd Target Rs. 920- Religare Broking * Tata Consumer has had a history of a steady uptrend since 2001 and its pace of inclination has improved significantly in the last six years. * It usually sees consolidation in a narrow range after a strong up move, without putting any dent in the price trend. Though the decline was abrupt in 2020 in line with others, the recovery was equally sharp, pushing the stock from a low of 209 to a new record high of 881.89 in September 2021. * It has been seeing consolidation for the last one ...
Buy Tata Consumer Products Ltd Target Rs. 920- Religare Broking
Buy Tata Consumer Products Ltd Target Rs. 920- Religare Broking
Source: Religare Broking Ltd
29/08/2022 1:09:17 PM
Buy Tata Consumer Products Ltd For Target Rs. 890 - Motilal Oswal Food business to drive the next leg of growth Operating performance in line * TATACONS reported a healthy operating performance, with gross margin expansion of ~190bp YoY to 42.6% in 1QFY23. Earnings were driven by a 320bp YoY gross margin expansion in its standalone business, aided by tapering off in Tea prices, and partly offset by input cost inflation in Salt. *  The company is on a portfolio expansion spree in its F&B segment, with product launches into new and innovativ...
Buy Tata Consumer Products Ltd For Target Rs. 890 - Motilal Oswal
Buy Tata Consumer Products Ltd For Target Rs. 890 - Motilal Oswal
Source: Motilal Oswal Financial Services
12/08/2022 5:03:33 PM
Buy Tata Consumer Products Ltd For Target Rs.925- ICICI Securities Consolidation phase Rs791 India Beverages and Foods volume performance of +1% and -3% YoY was underwhelming. High base (Food volumes +17% in 1QFY22) is one of the reasons. That said, >20% price increase in salt (in last 18 months) had likely resulted in higher profit pool for competitors to channelize it towards higher trade margins (per our channel checks - link) That said, we like, (1) aggression to introduce new products such as plant-based protein products under Tata Simply Bette...
Buy Tata Consumer Products Ltd For Target Rs.925- ICICI Securities
Buy Tata Consumer Products Ltd For Target Rs.925- ICICI Securities
Source: ICICI Securities Ltd
12/08/2022 12:24:18 PM
Buy Tata Consumer Products Ltd For Target Rs.860 - JM Financial Institutional Securities Overall inline but quality of growth in Foods was a let-down TCPL’s 1QFY23 report was overall mostly on expected lines but growth in the Foods business was a let-down. On profitability front, International Beverages especially Tetley continued to be a disappointment but the plantations businesses, associates and JVs more than made up for the shortfall. Foods volumes fell 3% yoy with base Salt volumes flat yoy and Sampann volumes impacted by trade-related adjustments. International gr...
Buy Tata Consumer Products Ltd For Target Rs.860 - JM Financial Institutional Securities
Buy Tata Consumer Products Ltd For Target Rs.860 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
11/08/2022 1:03:18 PM
Tata Consumer Products trades higher on entering into alternate meat segment Tata Consumer Products is currently trading at Rs. 807.05, up by 3.45 points or 0.43% from its previous closing of Rs. 803.60 on the BSE. The scrip opened at Rs. 803.90 and has touched a high and low of Rs. 813.40 and Rs. 803.90 respectively. So far 9172 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 650.75 on 07-Mar-2022. Last one week high and low of the scrip st...
Tata Consumer Products trades higher on entering into alternate meat segment
Tata Consumer Products trades higher on entering into alternate meat segment
Source: Accord Fintech
25/07/2022 10:43:03 AM
Tata Consumer Products shines on foraying into honey and preserves category Tata Consumer Products is currently trading at Rs. 780.60, up by 14.45 points or 1.89% from its previous closing of Rs. 766.15 on the BSE. The scrip opened at Rs. 766.60 and has touched a high and low of Rs. 783.80 and Rs. 764.00 respectively. So far 39181 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 650.75 on 07-Mar-2022. Last one week high and low of the scrip ...
Tata Consumer Products shines on foraying into honey and preserves category
Tata Consumer Products shines on foraying into honey and preserves category
Source: Accord Fintech
15/07/2022 10:32:27 AM
Buy Tata Consumer Products Ltd For Target Rs. 900 - Motilal Oswal On course for growth TATACONS’s FY22 annual report focuses on six strategic initiatives identified by the management to strengthen its foundation as a strong consumer products company. These include: 1) accelerating the core business; 2) driving digital and innovation; 3) unlocking synergies; 4) creating a future-ready organization; 5) exploring new opportunities; and 6) embedding sustainability. The key takeaways are: Laying the groundwork for future growth * TATACONS has made...
Buy Tata Consumer Products Ltd For Target Rs. 900 - Motilal Oswal
Buy Tata Consumer Products Ltd For Target Rs. 900 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
27/06/2022 11:36:42 AM
Investment Idea : Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal India Beverages drives performance in 4QFY22 Earnings in line with our estimate * TCP reported a strong operating performance, led by gross margin expansion of ~540bp YoY to 44.6% in 4QFY22. Earnings were driven by its standalone business (gross margin expanded by 930bp YoY and 140bp QoQ) on benign Tea prices. However, higher investments behind brands and other expenses restricted consolidated EBITDA growth to 48%. * Margin in the India Foods business was impacted by inflat...
Investment Idea : Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal
Investment Idea : Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
21/06/2022 11:39:15 AM
Tata Consumer Products edges higher after its JV reports 76% growth in revenue for 2021-22 Tata Consumer Products is currently trading at Rs. 753.50, up by 0.10 points or 0.01% from its previous closing of Rs. 753.40 on the BSE. The scrip opened at Rs. 751.95 and has touched a high and low of Rs. 756.20 and Rs. 745.15 respectively. So far 10961 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 650.75 on 07-Mar-2022. Last one week high and low of the scrip s...
Tata Consumer Products edges higher after its JV reports 76% growth in revenue for 2021-22
Tata Consumer Products edges higher after its JV reports 76% growth in revenue for 2021-22
Source: Accord Fintech
6/06/2022 12:03:07 PM
Key News - Mozambique, Twitter, Tata Consumer, Life Insurance Corporation, Motilal Oswal Financial Services By ARETE Securities Key News Over 500 workers at Indian-owned Mozambique coal mine go on strike Over 500 workers at a coal mine in Mozambique owned by a subsidiary of an Indian company have been on strike for a week, the company said in a statement on Tuesday, hurting coal production at a time of peak coal prices. The striking workers, who make up around 10% of the 5,300-strong workforce at the Moatize mine in central province of Tete, are demanding compensation from Vulcan following its purchase of the mi...
Key News - Mozambique, Twitter, Tata Consumer, Life Insurance Corporation, Motilal Oswal Financial Services By ARETE Securities
Key News - Mozambique, Twitter, Tata Consumer, Life Insurance Corporation, Motilal Oswal Financial Services By ARETE Securities
Source: ARETE Securities Ltd
18/05/2022 9:18:00 AM
Add Tata Consumer Products Ltd For Target Rs.847 - Yes Securities Growth tapers off from high base but stable growth and margin outlook despite aggressive investment plans; maintain ADD Our view India beverages saw a revenue decline of 4% for the quarter and marginal 2% volume growth mainly due to the very high base, while margins improved due to lower tea prices. Foods business grew strongly at 19% despite a high base led by Sampann and premium salts with margins impacted by inflation and higher investments in new businesses. Tata Coffee grew 7% led ...
Add Tata Consumer Products Ltd For Target Rs.847 - Yes Securities
Add Tata Consumer Products Ltd For Target Rs.847 - Yes Securities
Source: Yes Securities Ltd
7/05/2022 11:08:48 AM
Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal India Beverages drives performance in 4QFY22 Earnings in line with our estimate TCP reported a strong operating performance, led by gross margin expansion of ~540bp YoY to 44.6% in 4QFY22. Earnings were driven by its standalone business (gross margin expanded by 930bp YoY and 140bp QoQ) on benign Tea prices. However, higher investments behind brands and other expenses restricted consolidated EBITDA growth to 48%. Margin in the India Foods business was impacted by inflation and invest...
Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal
Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
6/05/2022 12:26:41 PM
Stock Picks - Tata Consumer Products Ltd And Tech Mahindra Ltd By ICICI Direct Tata Consumer Buy Tata Consumer Products Ltd @ 811.00-813.00 CMP 820.05 Stop Loss 804.30 Target 826.50 Tech Mahindra Buy Tech Mahindra Ltd @ 811.00-813.00 CMP 820.05 Stop Loss 804.30 Target 826.50   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Above views are of the author and not of the websit...
Stock Picks - Tata Consumer Products Ltd And Tech Mahindra Ltd By ICICI Direct
Stock Picks - Tata Consumer Products Ltd And Tech Mahindra Ltd By ICICI Direct
Source: ICICI Direct
2/05/2022 10:28:42 AM
Buy Tata Consumer Products Ltd For Target Rs.910 - ICICI Direct Re-organisation to simplify structure, aid earnings… About the stock: Tata Consumer Products (TCPL) is one of the major FMCG companies present in tea, coffee & other beverages in India, the UK, US, Canada & some other geographies. In India, it also has salt, pulses, spices & other foods products. Its subsidiary NourishCo is present in packaged water and other beverages. The company is in a JV with Starbucks, which has 219 stores in India. The company has 1500 distribu...
Buy Tata Consumer Products Ltd For Target Rs.910 - ICICI Direct
Buy Tata Consumer Products Ltd For Target Rs.910 - ICICI Direct
Source: ICICI Direct
20/04/2022 11:08:48 AM
Buy Tata Consumer Products Ltd For Target Rs.925 - ICICI Securities Strong value creation potential through simplification of corporate structure TCPL is in the process to create a simplified corporate structure which may allow it to unlock/sell some of its low-growth / low-profit subsidiaries. That is the key insight we have gained from TCPL’s restructuring plan. We also believe recurring earnings accretion of 5-10% is a high probability post the restructuring as (1) minority interest of Rs957mn (9.3% of pre-minority interest) will be almost nil, (2...
Buy Tata Consumer Products Ltd For Target Rs.925 - ICICI Securities
Buy Tata Consumer Products Ltd For Target Rs.925 - ICICI Securities
Source: ICICI Securities Ltd
12/04/2022 2:43:12 PM
Tata Consumer Products gains as its JV, Sabyasachi to launch limited-edition lifestyle drinkware Tata Consumer Products is currently trading at Rs. 812.60, up by 7.95 points or 0.99% from its previous closing of Rs. 804.65 on the BSE. The scrip opened at Rs. 808.00 and has touched a high and low of Rs. 816.90 and Rs. 804.50 respectively. So far 42784 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 614.25 on 07-May-2021. Last one week high and low of the scrip s...
Tata Consumer Products gains as its JV, Sabyasachi to launch limited-edition lifestyle drinkware
Tata Consumer Products gains as its JV, Sabyasachi to launch limited-edition lifestyle drinkware
Source: Accord Fintech
8/04/2022 1:32:26 PM
Tata Consumer Products jumps on consolidating business by merging various companies Tata Consumer Products is currently trading at Rs. 807.75, up by 19.70 points or 2.50% from its previous closing of Rs. 788.05 on the BSE. The scrip opened at Rs. 791.00 and has touched a high and low of Rs. 809.00 and Rs. 789.00 respectively. So far 84311 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 614.25 on 07-May-2021. Last one week high and low of the scrip ...
Tata Consumer Products jumps on consolidating business by merging various companies
Tata Consumer Products jumps on consolidating business by merging various companies
Source: Accord Fintech
5/04/2022 2:53:17 PM
Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal Simplifying the corporate structure to create synergy Tata Consumer Products Ltd (TCPL) announced the reorganization of its India and overseas businesses to simplify the corporate structure, as well as align and synergize its business. The company came out with two announcements focusing on creating a single consumer product entity by consolidating the branded coffee business of TCL (excluding the coffee plantation segment) with TCPL and also buying out the minority stake in the TCP UK bus...
Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal
Buy Tata Consumer Products Ltd For Target Rs.900 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2/04/2022 10:59:00 AM
Buy Tata Consumer Products Ltd For Target Rs.805 - JM Financial Services Simplification is good but no real change to valuation construct Tata Consumer has chalked out a path to simplify holding structure of the businesses housed within itself that essentially involves 1) it now owning an additional 10.15% of what broadly represents the international tea portfolio, and 2) merging Tata Coffee (currently c.57.48% owned by TCPL) into itself after demerging the plantation business into a wholly-owned subsidiary. The transactions value the international tea business...
Buy Tata Consumer Products Ltd For Target Rs.805 - JM Financial Services
Buy Tata Consumer Products Ltd For Target Rs.805 - JM Financial Services
Source: JM Financial Services Ltd
30/03/2022 12:21:36 PM
Tata Consumer Products plans to reorganise India, overseas business Tata Consumer Products (TPCL) on Tuesday said it plans to reorganise its India and overseas business. The plan includes the demerger of plantation business of Tata Coffee (TCL) into TCPL Beverages & Foods (TBFL), and the merger of the remaining business of TCL, consisting of its extraction and branded coffee business with the TCPL, through a composite scheme of arrangement. Besides, TCPL proposes to purchase the minority interest in its UK subsidiary, Tata Consumer Products UK (TCP ...
Tata Consumer Products plans to reorganise India, overseas business
Tata Consumer Products plans to reorganise India, overseas business
Source: IANS
30/03/2022 8:58:53 AM
Buy Tata Consumer Products Ltd For Target Rs.925 - ICICI Securities Long-term thesis intact TCPL is a stand-out performer in Consumer Staples. It is gaining market shares (in India Tea) and expanding margins. Yes, the impact of steep inflation in tea was much prior to palm oil and crude oil inflation. In 3QFY22, it reported strong EBITDA and PAT growth of 27.8% and 36.3% YoY (2-yr CAGR of 20.5%, 49.6%). It is reaping the benefits of expansion and restructuring of distribution network with market share gains of India Tea (160bps) and Salt (407bps). It so...
Buy Tata Consumer Products Ltd For Target Rs.925 - ICICI Securities
Buy Tata Consumer Products Ltd For Target Rs.925 - ICICI Securities
Source: ICICI Securities Ltd
18/03/2022 10:22:31 AM
Buy Tata Consumer Products Ltd For Target Rs.910 - ICICI Direct Softening tea prices, premiumisation to aid margins About the stock: Tata Consumer Products (TCPL) is one of the major FMCG companies present in tea, coffee & other beverages in India, the UK, US, Canada & some other geographies. In India, it also has salt, pulses, spices & other food products. Its subsidiary NourishCo is present in packaged water and other beverages. The company is in a JV with Starbucks, which has 246 stores in India. The company has 1500 distribution dire...
Buy Tata Consumer Products Ltd For Target Rs.910 - ICICI Direct
Buy Tata Consumer Products Ltd For Target Rs.910 - ICICI Direct
Source: ICICI Direct
14/03/2022 11:49:32 AM
Buy Tata Consumer Products Ltd For Target Rs.910 - Motilal Oswal Financial Services Tea business propels overall growth Earnings better than estimated Tata Consumer Products (TCP) reported strong operating performance led by gross margin expansion of ~590bp (to 43.7%) in 3QFY22. The result was especially driven by its Tea business. However, higher A&P spends (which is expected to continue) and other expenses restricted EBITDA growth to 28%. India Foods margin was impacted by inflation and investments in new businesses. Management guided for sustained investments...
Buy Tata Consumer Products Ltd For Target Rs.910 - Motilal Oswal Financial Services
Buy Tata Consumer Products Ltd For Target Rs.910 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
3/03/2022 1:06:55 PM
Large Cap : Buy Tata Consumer Products Ltd For Target Rs.862 - Geojit Financial Decent performance in Q3 Tata Consumer Products (previously known as Tata Global Beverages Limited -TGBL) is an Indian multinational non-alcoholic beverages company and a subsidiary of Tata group TGBL markets under the major brands like Tata Tea, Tetley, and Good Earth Teas etc. * Revenue up 4.5% YoY (+4% YoY in constant currency terms), aided by growth in domestic India business. * EBITDA margin rose 340bps YoY to 15.2% aided by better product mix and lower costs. Hence, Adj. PAT ro...
Large Cap : Buy Tata Consumer Products Ltd For Target Rs.862 - Geojit Financial
Large Cap : Buy Tata Consumer Products Ltd For Target Rs.862 - Geojit Financial
Source: Geojit Financial Services Ltd
10/02/2022 9:46:23 AM
Tata Consumer Products jumps on reporting 21% rise in Q3 consolidated net profit Tata Consumer Products is currently trading at Rs. 746.50, up by 4.00 points or 0.54% from its previous closing of Rs. 742.50 on the BSE. The scrip opened at Rs. 749.00 and has touched a high and low of Rs. 769.00 and Rs. 742.50 respectively. So far 280538 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 564.45 on 24-Feb-2021. Last one week high and low of the scrip ...
Tata Consumer Products jumps on reporting 21% rise in Q3 consolidated net profit
Tata Consumer Products jumps on reporting 21% rise in Q3 consolidated net profit
Source: Accord Fintech
3/02/2022 12:08:27 PM
Tata Consumer Products inches up as its JV enters into six new markets in India Tata Consumer Products is currently trading at Rs. 727.40, up by 1.65 points or 0.23% from its previous closing of Rs. 725.75 on the BSE. The scrip opened at Rs. 726.00 and has touched a high and low of Rs. 729.50 and Rs. 726.00 respectively. So far 8880 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 889.00 on 07-Sep-2021 and a 52 week low of Rs. 554.55 on 01-Feb-2021. Last one week high and low of the scrip st...
Tata Consumer Products inches up as its JV enters into six new markets in India
Tata Consumer Products inches up as its JV enters into six new markets in India
Source: Accord Fintech
7/01/2022 10:28:12 AM
Key News - Tata Motors Ltd, Tata Consumer Products Ltd, Maruti Suzuki Ltd, Paytm, Vodafone Idea Ltd By ARETE Securities Key News Tata Motors 'to invest' Rs 7,500 cr in commercial vehicles, focus on EVs Tata Motors will invest Rs 7,500 crore in five years in commercial vehicles (CV) as it seeks to recast the business and focus on electric vehicles (EV), the Economic Times reported on Thursday citing "people in the know". The company intends to lead the EV segment in the commercial market as it did with conventional powertrains before, Girish Wagh, executive director-- commercial vehicle...
Key News - Tata Motors Ltd, Tata Consumer Products Ltd, Maruti Suzuki Ltd, Paytm, Vodafone Idea Ltd By ARETE Securities
Key News - Tata Motors Ltd, Tata Consumer Products Ltd, Maruti Suzuki Ltd, Paytm, Vodafone Idea Ltd By ARETE Securities
Source: ARETE Securities Ltd
10/12/2021 9:22:12 AM