Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.
from Economic Times https://ift.tt/n7GJx5C
from Economic Times https://ift.tt/n7GJx5C
Tata Consumer shares fall 5% as Q4 results fail to impress. What's the new target price?
Reviewed by News Today
on
April 24, 2024
Rating:
No comments: