ThinkStock PhotosMotilal Oswal Financial Services has buy call on Tata Consumer Products Ltd. with a target price of Rs 630. The current market price of Tata Consumer Products Ltd. is Rs 604.05.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 55431.34 Crore) operating in FMCG sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 2781.34 Crore, up 2.48 % from last quarter Sales of Rs 2713.91 Crore and up 51.65 % from last year same quarter Sales of Rs 1834.06 Crore Company reported net profit after tax of Rs 234.33 Crore in latest quarter.
Investment Rationale
Major trend is positive and negation of lower high - lower lows on daily indicates about fresh move in stock
Promoter/FII Holdings
Promoters held 34.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 21.7 per cent, DIIs 17.7 per cent and public and others 25.9 per cent.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 55431.34 Crore) operating in FMCG sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 2781.34 Crore, up 2.48 % from last quarter Sales of Rs 2713.91 Crore and up 51.65 % from last year same quarter Sales of Rs 1834.06 Crore Company reported net profit after tax of Rs 234.33 Crore in latest quarter.
Investment Rationale
Major trend is positive and negation of lower high - lower lows on daily indicates about fresh move in stock
Promoter/FII Holdings
Promoters held 34.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 21.7 per cent, DIIs 17.7 per cent and public and others 25.9 per cent.
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