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DRChoksey sees 18% upside in Tata Consumer as growth brands scale

Deven Choksey retained a Buy on Tata Consumer Products, targeting Rs 1,301. It cited the company’s shift from tea and salt into higher-margin food and beverage categories, with growth businesses now contributing 36% of India revenue and expanding 30-50%.

Newer report , , NDTV Profit : Motilal Oswal sees 43% upside in Tata Consumer, sets Rs 1,500 target

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Reported figures

From the report. Source details below

Current market price: Rs 1,101

Also in the report

  • Growth-business revenue contribution was 8% in FY21

The source

Source Read the source at NDTV Profit Published

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