This Tata Group stock falls 13% in 3 months, but Motilal Oswal sees 21% upside on 'resilient growth' - Do you own?
New Delhi, Oct. 10 -- Tata Consumer Products target price: Shares of Tata Consumer Products Limited have declined nearly 13.88% over the last three months. But Motilal Oswal Financial Services sees nearly 21% upside in the Tata Group stocks against the backdrop of resilient growth in tea business and promising growth portfolio.
The FMCG stock ended Friday's trading session with marginal gains, after seeing sharp swings throughout the week.
Resilient domestic tea business and expansion of growth portfolio to gradually reduce independence on its core business are likely to benefit Tata Consumer Products in the long-term.
"The company continues to expand its growth portfolio with launches across segments. The growth portfolio is emerging ...
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