Buy Tata Consumer Products, target price Rs 1040: Motilal Oswal
Tata Consumer Products with a target price of Rs 1040. The current market price of Tata Consumer Products Ltd.
is Rs 908.95.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 84563.29 Crore) operating in FMCG sector.
Tata Consumer Products Ltd.
key Products/Revenue Segments include Tea, Other Operating Revenue, Royalty Income for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 3823.61 Crore, up .65 % from last quarter Total Income of Rs 3798.96 Crore and up 12.71 % from last year same quarter Total Income of Rs 3392.36 Crore.
Company reported net profit after tax of Rs 359.18 Crore in latest quarter.
Promoter/FII Holdings Promoters held 34.42 per cent stake in the company as of 30-Sep-2023, while FIIs owned 25.27 per cent, DIIs 16.7 per cent.
