India's Tata Consumer gains on hopes of margins reviving in H2

Tata Consumer Products

24/07/2025 05:07

** Tata Consumer Products TACN.NS rises as much as 2.01% to 1,084 rupees; among top six gainers on Nifty 50 index .NSEI

** Tetley tea maker misses Q1 profit estimates due to higher tea, coffee prices

** J.P. Morgan says results in line with their lowered estimates

** Add earnings growth revival to pick pace in H2 FY26, with moderating tea prices seen boosting margins

** Morgan Stanley says EBITDA margins will likely improve from Q3 FY26 as gross margins in tea business improve

** Nomura says co sees operating profit margins returning to normal level of 15% in H2 FY26

** Stock rated "buy" on avg; median PT at 1,252.5 rupees, per data compiled by LSEG

** TACN last up 1.5%; gains 18% YTD

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))