Tata Consumer Products shares drop 2% post Q1; here’s why
The FMCG major reported a 8.5% YoY decline in consolidated net profit at ₹290 cr in Q1 FY25, as strong summer in India reduced consumption of beverages.
The FMCG major reported a 8.5% YoY decline in consolidated net profit at ₹290 cr in Q1 FY25, as strong summer in India reduced consumption of beverages.
The sell-off in these Tata Group stocks was triggered after they released their fourth quarter earnings report post-market hours on April 23.
The board of the Tata Group company has announced a final dividend of ₹7.75 per equity share of ₹1 each (775%) for FY24.
Funds to be used to pay for the acquisition of stakes in Capital Foods, Organic India; analysts say the deal to fill “white spaces” to fuel growth
Shares of Tata Coffee and Tata Consumer Products rise 4.2% and 3.5%, respectively, to hit their fresh 52-week highs.
Sunil D’Souza put all the pieces together — products, innovation and distribution — to turn around Tata Group’s FMCG business.
The Tata Group company on Friday said that it ceased negotiations with Bisleri International over a potential acquisition.
Tata Consumer Products says it has now ceased negotiations with Bisleri with regard to a potential transaction.
Only 11% of the atta sold is branded. Just 5% of rice is branded, while 95% of sugar and 92% of pulses are sold loose
The Tata Group company is in talks to acquire Bisleri International in a deal worth ₹6,000-7,000 crore