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TGBL - Tata Consumer Products News Story

$4.76 0.0  0.0%

Last Trade - 18/08/20

Sector
Consumer Defensives
Size
Large Cap
Market Cap £5.25bn
Enterprise Value £5.24bn
Revenue £1.10bn
Position in Universe 152nd / 1807

BUZZ-Tata Global Beverages hits record high on December quarter profit surge

Wed 5th February, 2020 4:57am
** Shares  TAGL.NS  of Starbucks Corp's  SBUX.O  Indian
partner rise as much as 7.4% to 408 rupees, a record high
    ** TAGL posted over 21% jump in December quarter consol net
profit on Tuesday aided by a lower tax rate and improvement in
the performance of associates and joint ventures  urn:newsml:reuters.com:*:nFWN2A40BU
    ** Tata Starbucks clocked a 27% growth in revenue for the
quarter
    ** Nearly 10.6 mln shares change hands, 1.6x 30-day avg
    ** Shares up 18.22% this year as of last close

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))
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