Tata consumer stock: Growth potential, price target and investment view

On Friday, the stock market opened with a bullish trend, with several stocks showing significant gains, including Tata Consumer Products. Experts are eyeing this stock as a potential game-changer. Learn more about its target price and potential.

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Tata Consumer Share Price

Tata Consumer Products opened with gains on Friday, April 25. As of 9:30 AM, the stock was trading at Rs 1,163. After market close on Wednesday, the Tata Group company released its January-March quarterly results. Profit increased by 52% year-on-year to Rs 407 crore, compared to Rs 268 crore in the same quarter last year. Brokerage houses are bullish on the stock and have issued new target prices.

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Tata Consumer Products Share : First Target

Nuvama maintains a buy rating on Tata Consumer shares, increasing the target price to Rs 1,335 from Rs 1,255, suggesting a potential return of around 16%.

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Tata Consumer Share : Second Target

Motilal Oswal gives a buy rating on this Tata Group stock with a target price of Rs 1,360, indicating a potential return of 18%.

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Tata Consumer Share : Third Target

Mirae Asset Sharekhan maintains a buy rating on Tata Consumer shares with a target price of Rs 1,340, approximately 17% higher than the current rate.

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Tata Consumer Share : Fourth Target

ICICI Securities has given an add rating to Tata Consumer with a target price of Rs 1,220.

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Tata Consumer Share Performance

Tata Consumer's stock has surged nearly 20% in 30 days, 17% in three months, and 16.47% in six months. In one year, the stock has risen by 5.83%, and in two years, by 60.36%. The stock's 52-week high is Rs 1,247.75, and the 52-week low is Rs 884. Disclaimer: Consult your market expert before making any investment.