Latest news with #TataConsumer
Hans India
2 days ago
- Automotive
- Hans India
Trade Setup June 20: Nifty stays flat, but sharp midcap sell-off raises market alarm
The Nifty50 index ended marginally lower for the third straight session on June 19, closing at 24,793 with a 19-point dip. Despite the index remaining rangebound—moving within a narrow 130-point band—concerns escalated over a steep sell-off in the broader market, particularly among midcaps. Nearly 90% of the 100 midcap stocks saw declines, pushing the Nifty Midcap index down by 2%, even as frontline benchmarks remained largely flat to negative. This stark divergence signals brewing caution among investors. Among sectoral indices, only auto managed to close in the green. Eicher Motors and M&M emerged as standout gainers, providing some relief to an otherwise weak session. On the Nifty, top performers included Tata Consumer, Eicher Motors, and M&M. In contrast, Adani Ports, Bajaj Finance, and Shriram Finance weighed down the index with notable losses. In the IT space, Tech Mahindra slipped 2% after Morgan Stanley downgraded the stock to "Underweight." Meanwhile, Wipro rose 2% as the brokerage upgraded it to "Equal-weight." Swiggy shares gained 2% following IIFL Capital's optimistic coverage. The brokerage initiated a "Buy" call on the stock with a price target of ₹535, estimating a potential upside of 46%. Markets remain cautious amid global geopolitical tensions, with participants eyeing signals for a broader trend reversal or continued consolidation.
Time of India
3 days ago
- Business
- Time of India
Tata Consumer Share Price Live Updates: Tata Consumer's growth trajectory continues
Stay informed with the Tata Consumer Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on Tata Consumer, including: Last traded price 1065.2, Market capitalization: 105401.39, Volume: 545933, Price-to-earnings ratio 82.44, Earnings per share 12.92. Our liveblog combines fundamental and technical insights to provide a holistic view of Tata Consumer's performance. Stay ahead of the market with breaking news that can influence Tata Consumer's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the Tata Consumer Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 08:40:31 AM IST, 19 Jun 2025 Show more Show less
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Business Standard
3 days ago
- Business
- Business Standard
Tata Consumer products keeps its 'antennae up' for strategic buys
Tata Consumer Products was witnessing a significant shift in consumer behaviour and business models as customers were increasingly becoming more health conscious and seeking organic options, P B Balaji, non-executive, non-independent director at the fast-moving consumer goods (FMCG) unit of the Tata group, told shareholders at the company's annual general meeting (AGM) here on Wednesday. Balaji chaired the AGM as the group's Chairman N Chandrasekaran was in New Delhi in connection with the relief operations following last week's Air India crash. Talking about the B787 crash in Ahmedabad, Balaji said in his opening address: 'To lose a single person, we know, is a tragedy but for so many deaths to occur at once is incomprehensible. This is one of the darkest days in the Tata group's history. Words are no consolation right now but our thoughts are with the families and the loved ones of the people who died and who were injured in the crash. We are here for them.' 'India remains one of the fastest growing large economies in the world, with GDP (gross domestic product) growth estimated at north of 6 per cent. Against this backdrop, we are witnessing significant shifts in consumer behaviour and business models. Consumers are becoming more health-conscious, seeking better-for-you and organic options. There is a clear premiumisation trend, even in staples,' he said. While talking about acquisitions, Balaji said, " You have your antennas up. If there's something sensible at the right price and it fits in well with our portfolio, we will do that. But rest assured, we have sizable amount of gunpowder with us, and therefore growing organically will be the first focus, and inorganic growth will be more bolt on." Balaji added that distribution was being reshaped by quick commerce (qcom) but physical retail remained deeply relevant. 'At the same time, artificial intelligence (AI) is rapidly transforming every function, from demand forecasting and content generation to inventory optimisation and pricing intelligence. Companies that embed AI deeply into operations will lead the next phase of value creation,' he said, adding: At Tata Consumer, we are leveraging these trends with a bold strategy, disciplined execution, and an ambition to build a future-ready FMCG powerhouse.' Five years ago when the company was formed, Balaji said, it had a largely single-category footprint of tea and coffee. In the five years, it has undergone a significant transformation and today the company was among the fastest-growing F&B (food and beverages) companies in India, operating across multiple categories and brands. He also said that innovation was a critical muscle for an FMCG company, and over the last five years, Tata Consumer had significantly scaled its innovation efforts, launching over 150 products, and its innovation-to-sales ratio had grown from 0.8 per cent in 2019-20 (FY20) to 5.2 per cent in FY25, which was among the best in the industry. 'Digital is no longer a vertical. It is embedded across how we operate, go to market and engage with consumers. We have deployed several high-impact AI use cases across sales, marketing, sourcing, and R&D (research and development),' Balaji said. He also said that the company has continued to strengthen its execution on emerging channels, with ecommerce (ecom) contribution growing over five times, enabled by exponential growth in qcom. 'As we look to the future, we are deepening our focus on quick commerce, pharmacy, and food services as high potential emerging channels,' he told shareholders. 'We see opportunity in creating an FMCG powerhouse and building brands of tomorrow for the modern Indian and global consumer. Our investments in AI, talent, and digital ecosystems will help us operate with greater precision and speed,' he said. Answering shareholders' questions on Starbucks, Balaji said the company was focused on market expansion at this point in time and, therefore, there were many store additions. 'Same store profitability is under control, and most of the losses that you see is because of the expansion that you're seeing in terms of stores that are being put in place,' he added.
The Hindu
3 days ago
- Business
- The Hindu
‘Markets witnessing significant shifts in consumer behaviour, business models' says Tata Consumer Products
Geopolitical uncertainties, shifts in global supply chains, advances in generative AI, and climate events continued to test business resilience, said P.B. Balaji, Non-Executive, Non-Independent Director, Tata Consumer Products. Global growth was expected to moderate in the near term, with the IMF forecasting a 2.8% expansion for emerging markets in 2025, he said, adding advanced economies continued to grapple with inflation and tight financial conditions, but emerging markets—especially India—stood resilient. India remained one of the fastest-growing large economies in the world, with GDP growth estimated at north of 6%. ''We are navigating through a world that is both dynamic and demanding. Yet, even amidst this volatility, we find ourselves at a unique moment in history—where innovation, transformation, and consumption-led growth are converging,'' he said while speaking at the company's Annual General Meeting on Wednesday. In his speech he said, against this backdrop, markets were also witnessing significant shifts in consumer behaviour and business models. For instance, consumers were becoming more health-conscious; there was a clear trend towards premiumisation, even in staples; with urbanisation, time-constrained consumers were seeking convenience, leading to rising demand for cooking aids, ready-to-drink beverages, and snacking, he observed. Distribution, he further said, was being reshaped by quick commerce, but physical retail remained deeply relevant. Also, digital-first marketing and hyper-personalisation were rewriting the brand playbook. At the same time, Artificial Intelligence was rapidly transforming every function—from demand forecasting and content generation to inventory optimisation and pricing intelligence, he told the shareholders. Tata Consumer Products saw quantum growth in last 5 years On the growth of Tata Consumer Products, Mr. Balaji said, when Tata Consumer was formed, five years ago, it had a largely single category footprint—Tea and Coffee and today the company has gone through a significant transformation to become one of the fastest-growing FCB companies in India, operating across multiple categories and brands. `Innovation is a critical muscle for an FMCG company and over the last 5 years, we have significantly scaled our innovation efforts, launching over 150 products, and our innovation to sales ratio has grown from 0.8% in FY20 to 5.2% in FY25, among the best in the industry,'' he claimed. According to him, digital was no longer a vertical – it was embedded across how the company operated, went to market and engaged with millions of consumers. ''We have deployed several high-impact AI use cases across sales, marketing, sourcing and RCD (Residual Current Device). Companies that embed AI deeply into operations will lead the next phase of value creation.'' Focus on grooming internal talent Balaji further said, at the heart of the company's transformation was a strong focus on building a future-ready organisation—one that was agile, inclusive, and deeply aligned with purpose. ''We are taking a deliberate approach to grooming internal talent - this includes creating structured leadership pipelines, cross-functional learning experiences, and long-term capability building,'' he said. According to him, the company's goal is clear: to nurture talent from within and build an organisation that leads not just today, but into the future. ``This roadmap is already delivering results—and it positions us well for what lies ahead. We see opportunity in creating an FMCG powerhouse and building brands of tomorrow for the modern Indian and global consumer.'' Tata Consumer Products' investments in AI, talent, and digital ecosystems would help it operate with greater precision and speed, Mr. Balaji added.
Time of India
6 days ago
- Business
- Time of India
Tata Consumer Share Price Live Updates: Tata Consumer maintains a beta of 0.9054
16 Jun 2025 | 12:00:21 PM IST Join us on the Tata Consumer Stock Liveblog, your hub for real-time updates and comprehensive analysis on a prominent stock. Stay in the know with the latest information about Tata Consumer, including: Last traded price 1078.1, Market capitalization: 106713.83, Volume: 153444, Price-to-earnings ratio 86.06, Earnings per share 12.92. Our liveblog provides a well-rounded view of Tata Consumer by incorporating both fundamental and technical indicators. Be the first to receive breaking news that can impact Tata Consumer's performance in the market. Our expert analysis and recommendations empower you to make informed investment choices. Stay informed and stay ahead with the Tata Consumer Stock Liveblog. The data points are updated as on 12:00:21 PM IST, 16 Jun 2025 Show more
