India's Tata Consumer Products rises after Q2 profit beat

Tata Consumer Products

03/11/2025 07:57

** Shares of Tata Consumer Products TACN.NS rise 1.4% to 1,182 rupees

** Stock among top gainers in NIFTY FMCG index .NIFTYFMCG, which is down 0.3%

** Tetley tea maker posts Q2 consol net profit of 4.04 bln rupees ($45.96 mln) vs analysts avg estimate of 3.69 bln rupees, per data compiled by LSEG

** Rev from ops 49.66 bln rupees vs estimate of 47.36 bln rupees

** TACN rated "buy" by 25 analysts on average; median target price is 1,200 rupees – LSEG data

** YTD, stock up 29.4% vs 1.3% decline in NIFTY FMCG

($1 = 87.8950 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))