Stock market LIVE: The Bank Nifty ended 2 per cent higher at fresh record highs, while the broader indices - both BSE Mdicap and Smallcap declined around 1.7 per cent each
Revenue growth mainly driven by the beverages and the foods segments
State-run PSU banks are likely to be in focus today as government plans to shore up capital requirement in Q2; Focus will also be on other corporate results
FSL is in a secular bull run and is placed above all its major exponential moving averages on the daily time frame
Tata Consumer Products Ltd (TCPL) on Tuesday reported a decline of 42.05 per cent in consolidated net profit to Rs 200.24 crore for the first quarter ended June 2021
Odisha Chief Minister Naveen Patnaik on Thursday inaugurated a tea packaging unit of Tata Consumer Products Ltd at Gopalpur in the state's Ganjam district
In June, TCPL has witnessed a comeback from the second half, after restrictions were eased and expect better margin and topline (revenue) growth going forward.
Eight O'Clock Coffee to be launched next week in India
Margin gains, however, will depend on raw material inflation, pricing action
The company has rolled out a premium range of customised coffee under Sonnets brand, eyeing the Rs 100 crore artisanal coffee market
Ebitda growth for the quarter was impacted by tea inflation in India and increased A&P investments, that more than offset the strong Ebitda growth in India food and International business
UK-based fintech company, Infinity Circle, has selected Zensar Technologies for the end-to-end development of its next-gen wealth management platform
Its revenue from operations rose 26.2 per cent to Rs 3,037 crore from Rs 2,405 crore reported in the same quarter last year
Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company
Tata Consumer Products Ltd (TCPL) on Thursday announced exit from its two US-based joint ventures by selling its stake to the JV partner Harris Tea Company LLC
Tata Group companies, on Friday, rallied up to 6 per cent in intra-day trade on the BSE post the Supreme Court ruling
So far in the month of February, Tata Consumer Products, Tata Steel, and Tata Motor have outperformed the benchmark Nifty50 index by rallying between 12 per cent and 22 per cent
Shares of Tata Consumer Products pared most of intra-day gains to settle marginally higher on Wednesday
Sectorally, the Nifty Bank and Private Bank indices closed 4 per cent higher
In past one month, the stock of Tata Consumer and Gail has outperformed the market by gaining 11 per cent, against 2.3 per cent risen in the Nifty50 index.