Motilal Oswal has buy call on Tata Consumer Products with a target price of Rs 680. The current market price of Tata Consumer Products Ltd. is Rs 601.
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 55403.69 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 3069.56 Crore, up 10.36 % from last quarter Sales of Rs 2781.34 Crore and up 23.13 % from last year same quarter Sales of Rs 2492.96 Crore Company reported net profit after tax of Rs 237.03 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 34.7 per cent stake in the company as of Dec 30, 2020, while FIIs held 25.8 per cent, DIIs 13.6 per cent and public and others 26 per cent.
