Page 4 - Tata Consumer Products

Sensex falls 865pts from day's high, ends flat; RIL dips 2%, IT stocks gain

CLOSING BELL: Around 3:30 PM, the mega IPO of Life Insurance Corporation (LIC) was subscribed 91 per cent with policyholders' quota seeing a subscription of 2.79 times

Stocks to Watch: Tata Consumer, Havells, CEAT, Dabur, Marico, SBI, Voltas

Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.

Tata Consumer Products Q4 net profit up three fold to Rs 239 crore

Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March

Three TCPL shares for every 10 of Tata Coffee, merger in 12-14 months

The merger of Tata Coffee Ltd with Tata Consumer Products Ltd (TCPL) will be completed in 12-14 months and the companies are in the early stages of filing the regulatory process, an official said. Tata Coffee Ltd officials do not foresee any roadblocks in the process of merger. "It would take about 12 to 14 months. So that's what the timeline is," Tata Coffee Ltd ED & CFO K Venkataramanan told analysts at an investors meet. TCPL has announced the merger of all businesses of Tata Coffee with itself or its subsidiaries as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies. Under the scheme, shareholders of Tata Coffee will receive an aggregate of 3 equity shares of TCPL for every 10 equity shares held by them. Speaking about the demand scenario under the ongoing geopolitical crisis, the management said that the demand remains firm, even for Russia and Europe. "Tata Coffee have got a healthy order book and customers are asking .

Tata Coffee, Tata Consumer surge up to 13% on business reorganisation plan

TCPL on Tuesday announced a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies.

Stocks to Watch: ONGC, Hero MotoCorp, PNB, LTTS, IndiGo, Adani Group

Shares of ONGC are likely to be in focus as the government will sell 1.5 per cent stake in the oil producer through an offer for sale (OFS) over the next two trading sessions at Rs 159 per share.

Tata Consumer Products to recast its India and overseas businesses

The company also proposed to purchase of a 10.15 per cent minority interest in its UK subsidiary, TCP UK, from Tata Enterprise (Overseas), Switzerland, (TEO).

Tata Consumer Products announces recast of India and overseas businesses

To combine Tata Coffee's business into Tata Consumer Products and its wholly owned subsidiary through a composite scheme of demerger and merger

Tata Consumer Products to continue focus on acquisitions

The company recently acquired Kottaram Agro Foods

Urban demand returning, but rural under stress: Tata Consumer MD & CEO

Tata Consumer plans to expand its reach in rural areas by increasing the number of outlets to 1.3 million by the end of financial year 2021-22 (FY22)

Tata Consumer Products' Q3 net profit jumps 22.2% to Rs 290 crore

Tata Consumer Products Ltd (TCPL) on Wednesday reported a 22.19 per cent jump in its consolidated net profit to Rs 290.07 crore for the third quarter ended December 31, 2021.

Vaishali Parekh of Prabhudas recommends buying Escorts, Tata Consumer

Tata Consumer seems to have bottomed out near Rs 700 level, and has gradually picked up momentum to improve the bias, says the technical analyst from Prabhudas Lilladher

Tata Consumer Products extends medical cover to partners of LGBTQ staff

The new policy will be effective retrospectively from December 1, 2021

Energy prices are starting to hurt: Sunil D'Souza of Tata Consumer

The managing director and CEO of TCPL talks about the FMCG major's e-commerce strategy, inflationary pressures on the business, and expansion of out-of-home brands

Stocks to Watch: Nykaa, Naukri, ONGC, Hindalco, Nalco, SpiceJet, Coal India

The earnings season has almost come to an end, going forward individual stocks will react to corporate developments and broader market trend

Tata Consumer Products acquires 100% of Tata SmartFoods for Rs 395 cr

Acquisition marks TCPL's foray into the ready-to-eat segment

Higher marketing and promo costs dent Tata Consumer's Q2 numbers

Cost pressures to sustain as company is committed to increasing advertising spends

Tata Cha to be moved from Tata Consumer Products to IHCL subsidiary

This will enable Tata Consumer Products to better focus on its core FMCG business, the company said

Higher costs dent Tata Consumer's performance in September quarter

Cost pressures to sustain as company is committed to increasing advertising spends

Starbucks eyes faster India expansion with new store formats

Starbucks aims to hasten its India expansion with smaller stores and drive-through outlets, the CEO of its local partner said on Monday