Tata Consumer Products Ltd. has an average target of 1152.17. The consensus estimate represents an upside of 12.83% from the last price of 1021.20. View 22 reports from 7 analysts offering long-term price targets for Tata Consumer Products Ltd.. For the quarter, Revenue from operations grew by 9% (8% in constant currency) as compared to corresponding quarter of the previous year, with strong performance in India business, which grew 10%. Profit before exceptional items and tax at Rs 509 Crores is higher by12%.
TATACONSUM As of January 2, 2025, Tata Consumer Products Limited (TATACONSUM) closed at ₹929.65 on the National Stock Exchange (NSE), marking a 1.02% increase from the previous day. In the daily time frame, the stock has been exhibiting a sideways movement, with no definitive momentum.
Analysts have identified a potential cup and handle pattern forming on the daily chart, suggesting a bullish continuation if the stock breaks above the ₹1,250 resistance level.
Key support levels are observed at ₹1,063 and ₹1,017, while resistance is noted near ₹1,250.
The stock's all-time high was ₹1,253.70 on March 11, 2024, and its all-time low was ₹42.80 on November 25, 2008.
Given the current technical indicators and chart patterns, monitoring the stock's movement around the ₹1,250 resistance level is crucial for potential bullish opportunities.
However, the sideways movement suggests caution, and investors should consider these factors alongside their risk tolerance and investment strategy.
Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Please consult with a financial advisor before making any investment decisions.
👑TATACONSUM👑 FOR: Intraday & Swing Trade BUY : 1192rs. to 1193rs. TARGET : a) 1214.60rs. , b) 1248.45rs. STOPLOSS : 1175.55rs. { BASED : Technical } TRADE DURATION : A day to Week
TATACONSUM
