Shares of FMCG major Tata Consumer fell up to 5% to day’s low to Rs 1,112 on BSE in Wednesday’s trade after its March quarter consolidated net profit fell 19% year-on-year (YoY) to Rs 217 crore. Goldman Sachs has maintained a neutral rating on the stock with a target price of Rs 1,030. Goldman noted … Read more
Tata Consumer shares on Friday rallied up to 4% to a fresh 52-week high of Rs 1,161 on BSE after ET reported that the FMCG firm is all set to acquire Ching’s Secret-maker Capital Foods and Organic India. Last month, Tata Consumer became the sixth Tata Group stock to cross the Rs 1 lakh crore … Read more
Tata Consumer Ltd, part of the FMCG sector, hit a fresh record high in December and chart patterns suggest that the rally may not be over yet. Those who missed the rally can still look to buy the stock for a possible break above 1000 levels in the next 3-4 weeks, suggest experts. The FMCG … Read more
