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 b..
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 ..
Tata Consumer products Ltd
Buy Havells India Ltd @836.00-838.00 CMP 837.45 Stop Loss 829.10Target 843.80/851.00
* 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 consol..
Food business to drive the next leg of growth
Operating performance in line
* TATACONS reported a healthy operating performance, with gross margin expansion of ~190..
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 reas..
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..
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. 803.9..
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...
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 con..
India Beverages drives performance in 4QFY22
Earnings in line with our estimate
* TCP reported a strong operating performance, led by gross margin expansion of..
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. 751.9..
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