Tata Consumer Products Limited
SMC online
Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
---|---|---|---|---|---|---|---|---|---|---|---|
24 Apr 2024 | Tata Consumer |
SMC online
|
1156.80 | 1110.15 (4.20%) | Pre-Bonus/ Split |
Results Update
|
|||||
18 Apr 2024 | Dabur |
Ashika Research
|
480.50 | 580.00 | 503.85 (-4.63%) | Target met |
Buy
|
||||
08 Apr 2024 | Godrej Consumer Products |
Sharekhan
|
1256.70 | 1455.00 | 1237.65 (1.54%) | Target met |
Buy
|
||||
20 Mar 2024 | Godrej Consumer Products |
Anand Rathi
|
1256.70 | 1360.00 | 1221.65 (2.87%) | Target met |
Buy
|
||||
20 Mar 2024 | Varun Beverages |
Axis Direct
|
524.45 | 1550.00 | 1400.15 (-62.54%) | Target met |
Buy
|
||||
18 Mar 2024 | Varun Beverages |
KRChoksey
|
524.45 | 1732.00 | 1434.20 (-63.43%) | Pre-Bonus/ Split |
Buy
|
Annual Report Round-Up
KRChoksey
Varun Beverages Limited (VBL) continued to see strong growth in CY23, despite the impact of unseasonal rains during peak season. Net revenue from operations grew by 21.8% YoY, backed by volume growth of 13.9% YoY and realization per case growth of 7.0% YoY.
|
|||
13 Mar 2024 | ITC |
Sharekhan
|
430.25 | 515.00 | 417.45 (3.07%) | Target met |
Buy
|
||||
07 Mar 2024 | Godrej Consumer Products |
Sharekhan
|
1256.70 | 1455.00 | 1234.25 (1.82%) | Target met |
Buy
|
||||
21 Feb 2024 | Tata Consumer |
KRChoksey
|
1156.80 | 1352.00 | 1154.40 (0.21%) | Pre-Bonus/ Split |
Buy
|
Premiumization and scale-up of Growth businesses will lead to further margin improvement
KRChoksey
For Q3FY24, TATACONS’ revenue grew by 9.5% YoY/ 1.9% QoQ to INR 38,039 Mn, driven by strong growth across India and International business. India beverages saw a volume/ value growth of 2.0%/ 8.0% YoY, respectively driven by volume growth and premiumization in tea and strong revenue growth in NourishCo (+34.0% YoY).
|
|||
20 Feb 2024 | Britannia Industries |
KRChoksey
|
5307.50 | 5367.00 | 4921.15 (7.85%) | Target met |
Accumulate
|
Volume growth improvement led by grammage additions; margins have likely peaked
KRChoksey
For Q3FY24, BRIT’s revenue was INR 42,563 Mn, a muted growth of 1.4% YoY and a decline of 4.0% QoQ. The volume (tonnage) growth was ~5.5% as BRIT undertook some grammage additions while the no. of packets sold grew by a lower rate of ~3.0% to 3.5%.
|
|||
more
loading
|