Tata Consumer Products is a company in the tea and coffee sector. The total valuation (market value) of the company is Rs.75,461 crore. The price of one share of the company is Rs.816.70 in BSE market today and Rs.816.30 in NSE market today. The company was established in the year 1962.
Equity research firm says that the stock of Tata Consumer Products Limited has jumped 4.7 times in the last five years. In August 2017, the share price was at Rs 164, which has reached the level of 779 in August 2022. The strategy to focus on premium trends and large size category in the food business is a positive move. The brokerage says that in view of the positive outlook, there is a buying opinion on the stock. Also, the value of the stock has been kept at Rs 950 (55x FY24 earnings multiple).
Now you will see the all technical analysis, financial condition, future target rate and some other details regarding dividend and split report.
The way the management of Tata Consumer is expanding the distribution network with the growth in its business, if it manages to sustain for a long time, then the stock is going to give you tremendous returns by earning you. For this, you can think of buying whenever you see a declining environment in the stock at the right time. But before taking any investment decision, do not forget to analyse yourself once. Thanks..
