Tata Consumer shares rally over 4% after Q2 results. Why brokerages remain bullish despite target price cuts
60-Word AI Digest
Tata Consumer Products reported 16% year-on-year profit growth in Q2FY27, while brokerages retained positive ratings but cut target prices amid inflationary pressures. Jefferies, Nuvama, Elara Capital and Systematix see varying upside potential in the stock.
Key Takeaways
- Tata Consumer Products reported 16% year-on-year profit growth in Q2FY27, while brokerages retained positive ratings but cut target prices amid inflationary pressures.
- Jefferies, Nuvama, Elara Capital and Systematix see varying upside potential in the stock.
- Full details and original dispatch available below.
Tata Consumer Products reported 16% year-on-year profit growth in Q2FY27, while brokerages retained positive ratings but cut target prices amid inflationary pressures. Jefferies, Nuvama, Elara Capital and Systematix see varying upside potential in the stock.
Original Publisher Attribution
This summary was curated from Economic Times.