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Daily Market Commentary - June 16, 2021 - Bonanza Portfolio equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 64771.26 Crore) operating in FMCG sector.
ICICI Securities has buy call on Tata Consumer Products with a target price of Rs 800. The current market price of Tata Consumer Products Ltd. is Rs 702.05. Time period given by analyst is one year when Tata Consumer Products price can reach defined target.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 63587.07 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 3080.18 Crore, down -.29 % from last quarter Total Income of Rs 3089.05 Crore and up 26.92 % from last year same quarter Total Income of Rs 2426.96 Crore. Company reported net profit after tax of Rs 133.34 Crore in latest quarter.
TCPL President (Packaged Beverages) for India and South Asia Puneet Das said, "Our goal is to influence India s coffee culture by introducing high-quality Arabica coffee beans and make it the go-to choice for the well-travelled global Indian." Sonnets is sourced from Tata Coffee s plantations in South India.