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Tata Consumer shares fall 5% as Q4 results fail to impress. What's the new target price?

Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.

Tata Consumer tea market share declines; CEO waits for rivals to release numbers

Tata Consumer s moving annual total market share for tea decreased by 30 basis points in volume and 50 basis points in value over the past year.

Tata Consumer Products expects tea volumes to grow in the mid-term

Tata Consumer Products Ltd. expects India tea volumes to return to mid-single digit growth in the medium to long term.

Tata Consumer Products Q4 results: Net profit declines 26.69% to ₹212.26 cr

Tata Consumer's Q4 PAT falls on one-time costs, revenue up 8.5%