Tata Consumer Products shares jump 8% after strong Q4 results
NewsBytes | May 11, 2026 7:39 PM CST
Goldman and CLSA bullish on TCPL
Goldman Sachs is cheering TCPL's 16% volume growth in India, the best among major FMCG brands, and has set a target price of ₹1,450.
CLSA is also optimistic, highlighting Sampann's massive 69% growth and solid gains in salt sales and e-commerce.
Management says they're aiming for another 30% jump in Sampann and Capital Foods, while supply-side issues and raw-material inflation are mostly sorted out.
With most analysts keeping a "buy" rating, TCPL seems to be riding high right now.
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