Economy
Motilal Oswal sees 21% upside in Tata Consumer Products
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THE BRIEF
1
Shares of Tata Consumer Products Limited declined by nearly 13.88% over the past three months, closing at ₹953.10 on Friday.
2
Motilal Oswal Financial Services issued a 'Buy' rating on the stock with a target price of ₹1230, citing resilient tea business growth.
3
The brokerage projects a compound annual growth rate of 10% in revenue, 15% in EBITDA, and 20% in PAT for the company between fiscal years 2026 and 2028.