Yes Securities has buy call on with a target price of Rs 860. The current market price of Tata Consumer Products is Rs 792.6.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 73056.01 Crore) operating in FMCG sector.
Tata Consumer Products Ltd. key Products/Revenue Segments include Tea, Other Operating Revenue, Royalty Income, Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 3392.36 Crore, up .90 % from last quarter Total Income of Rs 3362.17 Crore and up 10.40 % from last year same quarter Total Income of Rs 3072.74 Crore. Company reported net profit after tax of Rs 354.98 Crore in latest quarter.
Investment Rationale
Double top buys, sustenance above 10-column average and bullish turtle breakout to continue pullback
Promoter/FII Holdings
Promoters held 34.72 per cent stake in the company as of 30-Sep-2022, while FIIs owned 25.33 per cent, DIIs 14.82 per cent.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 73056.01 Crore) operating in FMCG sector.
Tata Consumer Products Ltd. key Products/Revenue Segments include Tea, Other Operating Revenue, Royalty Income, Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 3392.36 Crore, up .90 % from last quarter Total Income of Rs 3362.17 Crore and up 10.40 % from last year same quarter Total Income of Rs 3072.74 Crore. Company reported net profit after tax of Rs 354.98 Crore in latest quarter.
Investment Rationale
Double top buys, sustenance above 10-column average and bullish turtle breakout to continue pullback
Promoter/FII Holdings
Promoters held 34.72 per cent stake in the company as of 30-Sep-2022, while FIIs owned 25.33 per cent, DIIs 14.82 per cent.
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