Buy Tata Consumer Products Ltd; Target Rs. 110

Buy Tata Consumer Products Ltd; Target Rs. 110

Tata Consumer Products Ltd (TACN):

Tata Consumer Products Ltd (TACN) has officially announced a consolidated sales of Rs. 2,405.03 Cr for the quarter ended on 31-03-2020, which is -3.53%, down from its previous quarter sales of Rs. 2,492.96 Cr and 35.46%, up from its previous year’s same quarter sales of Rs. 1,775.46 Cr. The firm has also announced its net profit after tax of Rs. -50.21 Cr in the most recent quarter.

Outlook:

Tata Consumer Products Ltd (TACN) is a buy call with a target of Rs. 110.

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