Tata Consumer Products on Friday reported an 8% jump in its net profit for the quarter ended September 2024 to Rs 364 crore (attributable to shareholders) versus Rs 338 crore posted in the year-ago period. The profit after tax (PAT) was above ET Now poll estimates of Rs 314 crore. The revenue from operations in … Read more
Shares of FMCG major Tata Consumer fell up to 5% to day’s low to Rs 1,112 on BSE in Wednesday’s trade after its March quarter consolidated net profit fell 19% year-on-year (YoY) to Rs 217 crore. Goldman Sachs has maintained a neutral rating on the stock with a target price of Rs 1,030. Goldman noted … Read more
Indian markets snapped their 2-day winning run on Tuesday to close marginally in the red. S&P BSE Sensex closed below 59,200 while Nifty50 managed to settle above 17,600 levels. Sectorally, buying was seen in power, utilities, oil & gas, and energy stocks while selling was visible in FMCG, banks, IT, and finance stocks. Stocks that … Read more