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Home Consumer Research

RBL Bank share price: Buy Tata Consumer Products, price target Rs 410: Kunal Bothra

globalresearchsyndicate by globalresearchsyndicate
February 13, 2020
in Consumer Research
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RBL Bank share price: Buy Tata Consumer Products, price target Rs 410: Kunal Bothra
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Independent analyst Kunal Bothra has a buy call on Tata Consumer Products Ltd. with a target price of Rs 410.0 . The current price of Tata Consumer Products Ltd. is Rs 394.85 Time period given by the analyst is Intra Day when Tata Consumer Products Ltd. price can reach defined target. . Kunal Bothra recommended to keep a stoploss at Rs 386 .

Tata Consumer Products Ltd., incorporated in 1962, has a market cap of Rs 24920.16 crore.

Tata Consumer Products Ltd. key Products/Revenue Segments include Tea which contributed Rs 3331.70 Crore to Sales Value (97.14 % of Total Sales), Other Operating Revenue which contributed Rs 80.56 Crore to Sales Value (2.34 % of Total Sales), Export Incentives which contributed Rs 17.39 Crore to Sales Value (0.50 % of Total Sales), Sale of services which contributed Rs .01 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1961.90 Crore, up 6.97 % from last quarter Sales of Rs 1834.06 Crore and up 2.58 % from last year same quarter Sales of Rs 1912.58 Crore Company has reported net profit after tax of Rs 140.47 Crore in latest quarter.

The company’s top management includes Mr.Ajoy Misra, Mr.L Krishnakumar, Mr.N Chandrasekaran, Mr.S Santhanakrishnan, Mr.Siraj Azmat Chaudhry, Mr.V Leeladhar, Mrs.Mallika Srinivasan, Mrs.Ranjana Kumar. Company has Deloitte Haskins & Sells LLP as its auditors As on 31-12-2019, the company has a total of 631,129,729 shares outstanding.

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